Pendle Yt product
Overview
Pendle's YT (Yield Token) is a product representing the entitlement to future yield from an underlying yield-bearing asset. It is generated by splitting a yield-bearing token into a Principal Token (PT) and a Yield Token (YT). Holders can use YT to speculate on or hedge the asset's yield. The token is typically employed in DeFi for yield trading and structured strategies.
Within The Counterparty graph, Pendle Yt connects to 1 tracked entity, most strongly to Pendle Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issues | Pendle Finance | 95% |
Frequently asked questions
What is Pendle Yt?
Pendle Yt is a yield-token tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Pendle Finance.
What type of entity is Pendle Yt?
Pendle Yt is classified as a yield-token (product) in The Counterparty knowledge graph.
What is Pendle Yt connected to?
In The Counterparty knowledge graph, Pendle Yt is linked to 1 other tracked entity, most strongly to Pendle Finance.