PT-AUSD Dec 17, 2026

Where does the yield come from?

Pendle splits a yield-bearing asset into two separately tradable tokens: a Principal Token (PT) and a Yield Token (YT). PT yield comes from the discount at purchase: each PT is bought below the asset's full value and redeems for that full value on its maturity date. The difference is the return fixed at the time of purchase, provided the PT is held until maturity.

Details

Protocol

Pendle

Underlying protocol

Agora Finance

Network

monad

Underlying asset

AUSD

Accounting asset

AUSD

Maturity date

December 17, 2026

PT token

0x8B56...6a57