Pendle Launches Four USDe Fixed-Term Markets on Ethereum
The decentralized yield trading protocol Pendle has launched four USDe fixed-term markets on Ethereum, with an initial quoted annual yield range of 5.24% to 6%. Data shows that the liquidity of each of the aforementioned pools is approximately $10,000. USDe is a synthetic dollar stablecoin issued by Ethena Labs, while Pendle focuses on yield tokenization and fixed-rate trading.
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