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Pendle adds 3-12 month PT-USDe markets without Ethena token incentives

November 10, 2026, 2:15 PM
According to Ethena, Pendle has added new PT-USDe fixed-term markets with maturities ranging from three to 12 months. No Ethena token incentives will be offered in these markets. Ethena now receives 50% of the fees generated by third-party-run Ethena Pendle pools that would otherwise accrue to the Pendle treasury. The new Pendle assets will be available on Ethereum, Base, and Avalanche.

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