Pendle · Ethereum

USDAT (For buying PT-USDat-27AUG2026)

Overview

The Pendle USDAT on Ethereum is a single-asset stablecoin pool designed for buying PT-USDat-27AUG2026, generating yield through the protocol's structured products. The total APY stands at 9.11%, with no additional reward component. Over the past seven days, the rate has increased by 0.71% and over the last thirty days, it has risen by 1.08%, placing the current rate above the 30-day mean of 8.57%.

TVL in this pool is $18M with no reported change over the past seven days. The primary risk here is depeg risk on the underlying stablecoin due to its single-asset nature. Stablecoin pools like these rely heavily on the stability and trustworthiness of the asset, making devaluation or market shifts a critical concern for suppliers.

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 7.87%; 30-day mean is 7.76%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 74% confidence based on historical patterns.

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