This proposal seeks to onboard the Strata srUSDe January expiry PT tokens to the Aave V3 Core Instance.
Given both the popularity of PT token collateral on Aave and the adoption of the srUSDe PT token by LPs on Pendle, we believe this would be an attractive collateral token for Aave users.
With current srUSDe PT token TVL of $134m, it is one of the larger Ethena ecosystem PT tokens. Given recent reduction in sUSDe yield, we believe that Aave users would welcome the addition of a PT token from the Ethena ecosystem with circa 50% higher yields than sUSDe PT tokens at the time of writing.
PT-srUSDe-15JAN2026: https://etherscan.io/address/0x1fb3c5c35d95f48e48ffc8e36bcce5cb5f29f57c
Risk parameters will be provided by Risk Service Providers and the proposal will be updated accordingly.
https://docs.pendle.finance/ProtocolMechanics/YieldTokenization/PT
ACI is not directly affiliated with Pendle and did not receive compensation for the creation of this proposal. Some ACI employees may hold Pendle tokens.
Copyright and related rights waived under CC0