s/cryptohayesFIXED YIELD•May 12
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Single wallet locks 18.94% fixed on $2M PT-apyUSD
A single wallet just swept ~$2M of PT-apyUSD in eight buys and locked 18.94% fixed for ~36 days, instantly becoming the third-largest holder. The position totals 2,034,423 PT-apyUSD and implies about $34.7K profit (1.73% ROI) at maturity. Even after that demand, Pendle still showed ~19.3% implied fixed and enough depth for a ~$37M swap near 18.88%, so size didn’t crush the rate.
Timeline2
May 7
Pendle said 63.5% of APYX TVL flowed through Pendle, representing about $155 million of indirect STRC exposure in its pools.
May 12
Pendle said wallet 0xcd2 deployed about $2 million into PT-apyUSD across eight buys at 18.94% effective fixed APY, becoming the third-largest individual holder.
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May 12