Pendle PT Token Nears Sell-Out on AAVE with Over $2 Billion in Collateral Value
Main Idea
The Pendle sUSDe PT Token, listed on AAVE, is nearing full subscription with over 98% of its $200 million quota allocated, supported by over $2 billion in collateral from Aave.
Key Points
1. The Pendle sUSDe PT Token, expiring on September 25, was listed on AAVE on July 16.
2. Over 98% of the $200 million quota for the token has been allocated.
3. Pendle PT has a market capitalization exceeding $2.67 billion.
4. Aave holds over $2 billion worth of Pendle PT as collateral.
Description
On July 16, the Pendle sUSDe PT Token set to expire on September 25 was officially listed on AAVE, rapidly approaching a full subscription with more than 98% of the
$AAVE
$286.42
-1.60%
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