Vantias encyclopedia of Pendle
Underlying assets
Every asset behind a Pendle market this service has researched, in alphabetical order. What it is, how it earns, how it is redeemed and who can change it.
Any source of yieldoff-chain arbitragea basis trade run off chaina basis trade run on chainthe reserves of a collateralised stablecoina commodity carrypreferred stock of a bitcoin-treasury companylending out part of its reserves (a fractional reserve)rewards paid on a staked governance tokenover-collateralised lendingliquid stakinga managed fundstaking with MEV rewardsreinsurance premiumsrestakingreal-world credita protocol savings ratea stability poolshort-dated government billsunsecured credita vault allocating to other venues
Any chainArbitrumBNBBaseEthereumHyperEVMMonadPlasmaX Layer
7 of 69 assets shown.
| Asset | Issuer | What stands behind it | Redemption | Who can change it | Checked |
|---|---|---|---|---|---|
| apxUSD | Apyx | preferred stock of a bitcoin-treasury company | redeemed only by approved holders | a timelock | 2026-10-01 |
| hBTC | Syntetika | a basis trade run off chain | redeems through a queue | a timelock | 2026-09-22 |
| Morpho cbBTC/USDC | Pendle (a wrapper over Morpho Blue) | over-collateralised lending | redemption not documented | a multisig (Safe) | 2026-09-22 |
| sKAITO | Kaito | rewards paid on a staked governance token | redeems after a cooldown | a multisig (Safe) | 2026-10-01 |
| yoETH | YO | a vault allocating to other venues | redeems through a queue; the issuer's stated worst case is 1 day | a timelock | 2026-10-01 |
| yoUSD | YO | a vault allocating to other venues | redeems through a queue; the issuer's stated worst case is 1 day | a timelock | 2026-10-01 |
| yUTY | YieldPoint | a basis trade run off chain | redeems at once | a multisig (Safe) | 2026-10-01 |