EconomyAave and Pendle may have found a way to keep yield capital in DeFi
Aave is nearing the maturity of about $67 million in PT-AUSD collateral on its Monad market. Pendle and TokenLogic are preparing a December replacement that could let borrowers roll into a later maturity while preserving collateral utility. AUSD lending and deposits have surged, but the replacement market’s liquidity remains far below the expiring position.
Aave and Pendle may have found a way to keep yield capital in DeFi
Economy