What’s the difference between Pendle’s PT and YT? Many people can’t answer!
Before maturity, equal amounts of PT and YT can be combined back into the original yield-bearing asset.
Once split, each serves a different need: those seeking fixed returns hold PT to lock in a rate, while those expecting yields to rise buy YT for exposure to the yield.
Markets are always full of surprises, so think ahead about what you’ll do if your prediction is wrong.
$PENDLE 1.612（-1.16%）
Before maturity, equal amounts of PT and YT can be combined back into the original yield-bearing asset.
Once split, each serves a different need: those seeking fixed returns hold PT to lock in a rate, while those expecting yields to rise buy YT for exposure to the yield.
Markets are always full of surprises, so think ahead about what you’ll do if your prediction is wrong.
$PENDLE 1.612（-1.16%）
