{"_id":"token-444493","name":"Pendle — PT-sUSDe-22OCT2026 (fixed rate to 2026-10-22) on Plasma","ticker":"DL-PENDLEV2-SUSDE-PLASMA-194E","pillar":"Fixed Income","type":"Pendle principal token (fixed rate)","category":"DeFi Lending","description":"PT-sUSDe-22OCT2026 is the principal half of SUSDE split by Pendle: it trades below 1 SUSDE and redeems 1:1 at maturity on 2026-10-22. Buying it now locks in about 5.03% a year if held to maturity (DefiLlama, 2026-10-19; $3.4M in the market). Selling before maturity happens at the market price, which can be lower. The rate is fixed, the underlying is not: if SUSDE itself loses value, so does the PT. Smart-contract risk applies (Pendle and the underlying protocol).","apy":"5.03% (fixed to 2026-10-22, DefiLlama 2026-10-19)","risk":"Not rated (imported)","minInvestment":"None","issuer":"Pendle (protocol)","yieldSource":"Discount to face value — the yield SUSDE earns until maturity, sold upfront","maturity":"2026-10-22","term":null,"liquidity":"Sell on Pendle’s market before maturity, or redeem 1:1 at maturity","aum":"$3.4M","network":"Plasma","country":"Decentralized protocol","custody":"Self-custody (smart contract)","howToBuy":"Swap a stablecoin for the PT on Pendle (pendle.finance) from a self-custody wallet","rating":null,"kyc":"None on-chain (the PT is a freely transferable ERC-20)","networkFee":null,"networkFeeUsd":null,"investUrl":"https://app.pendle.finance/trade/markets","source":"https://defillama.com/yields/pool/194e4710-98d2-43c4-8a5e-9d031ad850ec","lastVerified":"2026-10-19","featured":false,"apyPct":5.03,"apyPctLow":null,"apyPctHigh":null,"apyKind":"fixed","minInvestmentUsd":null,"custodyType":"self","access":{"kycMint":"none","kycSecondary":"none","kycRedeem":"none","accreditedOnly":false,"whitelistRequired":false},"verified":"imported","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"live","maturityDate":"2026-10-22","contract":null,"targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/DL-PENDLEV2-SUSDE-PLASMA-194E","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}