what it does
- holds one Pendle market's principal token (PT) to maturity
- PT redeems 1:1 then, so buying it under 1 locks in a fixed yield
- values PT with Pendle's 30-minute TWAP oracle
- only its vault deposits
tend
- turns idle asset into the Pendle token, then into PT
- deposits sit idle until a tend
- capped per tend, checked against the oracle with slippage
- tendTrigger counts idle Pendle token only
report
- no swaps: revalues PT at the oracle's rate
- the profit is PT accruing toward 1
- less the Pendle token discount, if set
withdrawals
- closed until maturity, unless management opens them
- before maturity they sell PT on the market
- after maturity PT is redeemed, and governance rolls over to a new market
TVL582.30K USDC
APY4.50%
harvested2d 2h ago
tended120d 5h ago
market
PT-sUSDS-26NOV2026 · matures 26 Nov 2026 · in 22d · market Pendle market
price
PT 0.996497 USDS · fixed APY 5.97% · oracle Pendle oracle
position
PT 584.71K PT · worth 582.66K USDS · idle USDS 0 USDS · idle 0 USDC
accounting
worth now 582.75K USDC · reported 582.65K USDC · unreported +103.86 USDC · discount 0 bps
withdrawals
withdrawals closed until maturity · limit 0 USDC · deposits allowed addresses only
swaps
MetaExchange · price oracle Morpho oracle · slippage 50 bps · max per tend 100.00K USDS · min swap 0.001 PT
tend
trigger no · last 120d 5h ago · min interval 6h
exit
emergencyWithdraw returns 582.16K USDC · less than deposited
roles
management SMS · keeper 0x604e...711E · emergency SAMS · governance CHAD
keeper
management
emergency
governance
TVL412.77K USDC
APY11.75%
harvested2d 2h ago
tended128d 4h ago
market
PT-USD3-17DEC2026 · matures 17 Dec 2026 · in 43d · market Pendle market
price
PT 0.983274 USDC · fixed APY 15.35% · oracle Pendle oracle
position
PT 420.53K PT · worth 413.50K USDC · idle 0 USDC
accounting
worth now 413.50K USDC · reported 413.23K USDC · unreported +264.23 USDC · discount 0 bps
withdrawals
withdrawals closed until maturity · limit 0 USDC · deposits allowed addresses only
swaps
slippage 50 bps · max per tend 50.00K USDC · min swap 0.001 PT
tend
trigger no · last 128d 4h ago · min interval 2h
exit
emergencyWithdraw returns 412.73K USDC · less than deposited
roles
management SMS · keeper 0x604e...711E · emergency SAMS · governance CHAD
keeper
management
emergency
governance