Pendle · Ethereum

USDAT (For LP | Maturity 27AUG2026)

Overview

The Pendle USDAT pool on Ethereum is a single-asset stablecoin position that generates yield through liquidity provision for the USDAT token, which has a maturity date of August 27, 2026. The total APY stands at 4.88%, with an additional reward component contributing to this figure. Over the past seven days, the APY trended up by 0.01% and over the last thirty days it decreased by 0.83%, placing the current rate below the 30-day mean of 5.14%.

TVL in the pool is $18M with no reported change over the past seven days. The primary risk for this stablecoin-focused liquidity position is depeg risk, as a deviation from its peg could impact returns and capital stability. Given the single-asset nature and maturity date of USDAT, users are exposed to potential fluctuations in value leading up to the redemption period.

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 2.99%; 30-day mean is 3.69%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

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

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