Neo Nguyen

Preferred stock dividends are coming onchain as tradeable DeFi yield, targeting 13-15% APY. Here's how Apyx and @Pendle_fi are bringing DAT dividend-backed yield into DeFi through fixed and floating yield strategies. Read the full article 👇 coingecko.com/learn/apyx-pen…

Know what you want, but not sure how to get there? Our new Quick Start tab will let you easily start trading rates with conviction. Simply pick a goal, and we’ll walk you through every step to execute like a pro 👇🏻

xStocks <> Pendle $STRCx is live on @pendle_fi, offering fixed yield, directional yield speculation, and enhanced xPoints for tokenized versions of @strategy preferred stock. This is how capital markets evolve.

Earlier today, 0xcd2 deployed ~$2M into @apyx_fi PT-apyUSD across 8 buys at an effective fixed yield of 18.94% APY. • Accumulated 2,034,423 PT-apyUSD in a single session • Now the 3rd largest individual PT-apyUSD holder • 18.94% Fixed APY for ~36 days • $34,676 profit at maturity (1.73% ROI) $STRC pays a floating monthly dividend of 11.5%, which in itself is already a compelling yield product. apyUSD takes that underlying yield and lets you fix it on Pendle, locking in a rate that currently sits even higher than the floating rate. The current implied APY is 19.3%, meaning you can enter today and outperform this whale's entry. Pool liquidity is also decently deep, capable of absorbing a ~$37M swap at 18.88% effective fixed yield. So yes, we can take your size (cc @saylor)

Alright, it might have been a bit early to long oil funding rates on Boros last week, but now? It's nearly time for The Big Oil Long... 🔹The contract rollover concludes on Thursday. If you can tolerate the heavy negative Underlying APR until then, Implied APR entries now will capture the funding rate reversion 🔹You're entering a deeply oversold asset. Smart traders on Boros know the rollover is coming, and won't be shorting oil funding rates this week. As such, TWAPing in longs in anticipation of the negative rates to end = uncrowded trade with few counterparties 🔹Lower your Implied APR entry when rates revert = more funding received While you might have a couple of days paying out negative funding as the contracts rollover, that's the price (pun intended) of getting such low Implied APR entries across the board. When funding rates revert, you reap the benefit of entering these markets at their lows. Plan of attack: 🔹Place limit orders for longs in the incentivized Implied APR range to earn both $PENDLE rewards and start building a long position 🔹Gradually enter longs over the next 3 days until the rollover concludes on 13 May With your longs in place, you're ready to collect the funding rate difference until the next contract rollover! Simple as. NFA: funding rates will remain heavily negative until the rollover concludes. If you're not familiar with the mechanics of this trade, it might not be for you. DYOR, as always

Pendle 🫱🏻‍🫲🏻 @saylor $PENDLE has been one of the biggest drivers for digital credit yield economy onchain, with ~$318M of $STRC linked TVL now. The protocol enables new strategies previously unavailable for $STRC both onchain and off, with a range of distinct risk profiles for various market views. Fixed yield for $STRC (up to 18% Fixed APY), directional yield speculation, and/or enhanced diversified yield as a liquidity provider. Yield infra for the global yield economy 🫡

GM Pendle

After this article, my dip-buying nobrain play could now disguise itself as gigabrain play so that I can flex the green PnL here🤣 The opportunities are still wandering around if you know where to find them. 🔹BRENTOIL market: boros.pendle.finance/markets/106 🔹WTIOIL market: boros.pendle.finance/markets/104

Ran proper numbers on Saturn YTs Factoring 40.9B existing pips, capital-weighted multiplier, TVL growth, and likely earlier S1 end (cap hits ~mid July) At $200M FDV when @saturn_credit lists: → $1k YT-USDat = +250% ROI, breakeven ~$55M → $1k YT-srUSDat = +116% ROI, breakeven ~$40M (only burn ~$304 of principal thanks to 7.5% underlying) At $300M FDV: USDat +425%, srUSDat +190% If YTs aren't your thing, LPs preserve principal: → LP USDat: ~26% APR from airdrop alone at $200M FDV → LP srUSDat: ~13% APR + Strata bonus add LP fees + PT yield on top (~5-15% more) Overall S2 airdrop + 60x Strata pips on srUSDat are valued at zero in this model. Which is likely not true and will be an additional $ on top. My ref code for max points boost: app.saturn.credit/portfolio (SAT-HYPE)

@SherifDefi @phtevenstrong @pendle_fi pendle

The CLARITY Act has nearly 70% chance of passing according to Polymarket. CT is still talking about what it means for $BTC and $ETH... but nobody is connecting the dots to @pendle_fi. Serious mistake, but you can still fix it by reading on 🧵👇🏻

If you need more examples of the Pendle Effect across emerging narratives, take a look at the data from 2 standout protocols in the dividend & preferred share category. • @apyx_fi currently at $276.86M TVL, with ~$173M (62.5%) contributed by Pendle. • @saturn_credit currently at $115M TVL and ~$46.8M (40.7%) coming from Pendle. That means, @pendle_fi is effectively acting as a liquidity layer & distribution rail, actively boostrapping demand for emerging protocols. Hence, Pendle is also a pioneer in every new narrative. Full send activated!!!

Linn's Leverage #1015 is out: (Link in tweet below) @boros_fi @pendle_fi @maplefinance @Theo_Network @KyanExchange @Mantle_Official Like/Repost to support:

@Route2FI you may want to check the Pendle effect here with 2 largest $STRC onchain x.com/Neoo_Nav/statu…

What's the best way to get exposure to $STRC onchain?

STRC-related assets now contribute ~$230m of Pendle TVL despite being live for barely two months. While the growth trajectory does NOT seem to be slowing down, we're already capturing: 📌 65.6% of @apyx_fi's TVL 📌 41.2% of @saturn_credit's TVL Job's not done

$PENDLE is up +45% in less than a week, simply because it's the only crypto proxy for the success of $STRC (As both Apyx and Saturn have pools on Pendle for their STRC-fueled stablecoins)