What are Pendle’s PT and YT?
YT holders continuously receive the yield generated by yield-bearing assets until maturity. After maturity, YT’s value drops to zero.
The discount on PT is equivalent to the fixed return you receive if you hold it to maturity; annualized, this is the fixed yield.
The most important thing to keep in mind when managing a position: YT’s value drops to zero at maturity, so calculate how much yield you can collect over the remaining term before buying.
$PENDLE 2.133（+1.57%）
#PENDLE
Don’t use these as a basis for trading decisions.
YT holders continuously receive the yield generated by yield-bearing assets until maturity. After maturity, YT’s value drops to zero.
The discount on PT is equivalent to the fixed return you receive if you hold it to maturity; annualized, this is the fixed yield.
The most important thing to keep in mind when managing a position: YT’s value drops to zero at maturity, so calculate how much yield you can collect over the remaining term before buying.
$PENDLE 2.133（+1.57%）
#PENDLE
Don’t use these as a basis for trading decisions.