{"_id":"token-514827","name":"Pendle — PT-sUSDe-28JAN2027 (fixed rate to 2027-01-28) on Monad","ticker":"DL-PENDLEV2-SUSDE-MONAD-CD86","pillar":"Fixed Income","type":"Pendle principal token (fixed rate)","category":"DeFi Lending","description":"PT-sUSDe-28JAN2027 is the principal half of SUSDE split by Pendle: it trades below 1 SUSDE and redeems 1:1 at maturity on 2027-01-28. Buying it now locks in about 4.36% a year if held to maturity (DefiLlama, 2026-10-23; $12.1M in the market). Selling before maturity happens at the market price, which can be lower. The rate is fixed, the underlying is not: if SUSDE itself loses value, so does the PT. Smart-contract risk applies (Pendle and the underlying protocol).","apy":"4.36% (fixed to 2027-01-28, DefiLlama 2026-10-23)","risk":"Not rated (imported)","minInvestment":"None","issuer":"Pendle (protocol)","yieldSource":"Discount to face value — the yield SUSDE earns until maturity, sold upfront","maturity":"2027-01-28","term":null,"liquidity":"Sell on Pendle’s market before maturity, or redeem 1:1 at maturity","aum":"$12.1M","network":"Monad","country":"Decentralized protocol","custody":"Self-custody (smart contract)","howToBuy":"Swap a stablecoin for the PT on Pendle (pendle.finance) from a self-custody wallet","rating":null,"kyc":"None on-chain (the PT is a freely transferable ERC-20)","networkFee":null,"networkFeeUsd":null,"investUrl":"https://app.pendle.finance/trade/markets","source":"https://defillama.com/yields/pool/cd868a0b-d97e-5e7e-95f6-30dcc0c9f071","lastVerified":"2026-10-23","featured":false,"apyPct":4.36,"apyPctLow":null,"apyPctHigh":null,"apyKind":"fixed","minInvestmentUsd":null,"custodyType":"self","access":{"kycMint":"none","kycSecondary":"none","kycRedeem":"none","accreditedOnly":false,"whitelistRequired":false},"verified":"imported","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"live","maturityDate":"2027-01-28","contract":null,"targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/DL-PENDLEV2-SUSDE-MONAD-CD86","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}