The swETH now has the highest liquidity on Pendle.
24 Sep 2023, 05:18
The swETH now has the highest liquidity on Pendle!
But just because it's big now doesn't mean that there aren't any swell opportunities anymore.
In fact, swETH:
🦪 Has a higher underlying APY (3.966%) than stETH (3.6% APY) now
🦪 Has a lower Implied APY than all the stETH pools
🦪 Which means an opportunity to scoop up some potentially undervalued YT-swETH for 27.77% Long Yield APY, ceteris paribus
🦪 Offers Pearls (converted to $SWELL in the future) for both LP and YT holders
🤿Opportunities are abound in the sea of yield, you just have to go diving for them:
Same news in other sources
124 Sep 2023, 05:20
Soon™
Pendle twitter news 24 September 2023 05:20
Soon™