Pendle · Ethereum

STCUSD (For LP | Maturity 23JUL2026)

Overview

The Pendle STCUSD pool on Ethereum is a single-asset stablecoin position designed for liquidity providers, offering exposure to a maturity date of July 23, 2026. The protocol generates yield by splitting the underlying token into yield-bearing and fee-generating components.

Total APY stands at 5.49%, combining base yield with an additional reward layer. Over the past seven days, the rate has decreased by 0.31% and over the last thirty days, it has dropped by 1.72%, placing the current rate below the 30-day mean of 5.97%.

TVL is currently at $4.18M with no reported change in the past week. The primary risk for this pool involves depeg risk on the underlying stablecoin. Given its single-asset nature, liquidity providers are exposed to fluctuations in the stability and value of STCUSD.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 5.90%; 30-day mean is 5.69%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 55% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.