Instruments · DeFi Lending

Pendle — PT-wstETH-30DEC2027 (fixed rate to 2027-12-30) on Ethereum

DL-PENDLEV2-WSTETH-ETHEREUM-97F2Pendle principal token (fixed rate)
2.22% (fixed to 2027-12-30, DefiLlama 2026-10-19)
Yield / return
checked 19 Oct 2026

PT-wstETH-30DEC2027 is the principal half of WSTETH split by Pendle: it trades below 1 WSTETH and redeems 1:1 at maturity on 2027-12-30. Buying it now locks in about 2.22% a year if held to maturity (DefiLlama, 2026-10-19; $5.0M in the market). Selling before maturity happens at the market price, which can be lower. The rate is fixed, the underlying is not: if WSTETH itself loses value, so does the PT. Smart-contract risk applies (Pendle and the underlying protocol).

No KYC on secondary market · self-custody

Swap a stablecoin for the PT on Pendle (pendle.finance) from a self-custody wallet

Who may buy is set by the issuer — check their terms.

Minimum None · Self-custody (smart contract) · verify with the provider before acting

Price or minimum: check with the provider

Our source lists what DL-PENDLEV2-WSTETH-ETHEREUM-97F2 is, and where it is held (Ethereum) — but states no price or minimum for it. Left empty here rather than estimated.

Key facts

Yield / return
2.22% (fixed to 2027-12-30, DefiLlama 2026-10-19)
Liquidity
Sell on Pendle’s market before maturity, or redeem 1:1 at maturity
Custody
Self-custody (smart contract)
KYC
None on-chain (the PT is a freely transferable ERC-20)
Figures verified
2026-10-19

Details

Issuer
Pendle (protocol)
Type
Pendle principal token (fixed rate)
Category
DeFi Lending
Pillar
Fixed Income
Yield source
Discount to face value — the yield WSTETH earns until maturity, sold upfront
Network
Ethereum
Jurisdiction
Decentralized protocol
AUM
$5.0M

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Buying DL-PENDLEV2-WSTETH-ETHEREUM-97F2: common questions

How do I buy DL-PENDLEV2-WSTETH-ETHEREUM-97F2?

Swap a stablecoin for the PT on Pendle (pendle.finance) from a self-custody wallet. The token runs on Ethereum.

Do I need KYC to buy DL-PENDLEV2-WSTETH-ETHEREUM-97F2?

Not on the secondary market: DL-PENDLEV2-WSTETH-ETHEREUM-97F2 can be bought on a DEX without identity verification.

Figures last verified against a live source on 2026-10-19. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON