Pendle launches cross-chain PT, the first product is PT-USDe deployed on the Avalanche public chain
Source: ChainCatcher
Time: 2025-09-16 00:05:15
According to ChainCatcher, Pendle issued a notice on social platforms to announce the launch of cross-chain PT, the first product is PT-USDe deployed on Avalanche.
PT, as a source of fixed income, has become an integral part of DeFi, supporting more than $5.8 billion in PT as collateral on Ethereum through the largest lending markets such as Aave, Morpho and Euler.
Pendle plans to continue to expand its fixed income territory with PT in different public chains in the next time, and even extend to off-chain profits.