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
8 of 69 assets shown.
| Asset | Issuer | What stands behind it | Redemption | Who can change it | Checked |
|---|---|---|---|---|---|
| AUSD | Agora | short-dated government bills | redeemed only by approved holders | a single key | 2026-10-01 |
| earnAUSD | Upshift | a vault allocating to other venues | redeems through a queue; the issuer's stated worst case is 3 days | a multisig (Safe) | 2026-10-01 |
| reUSD | Re | reinsurance premiums | redeems at once in normal conditions; the issuer's stated worst case is 90 days | a timelock | 2026-10-01 |
| shMON | FastLane | staking with MEV rewards | redeems through a queue; the issuer's stated worst case is 1.6 days | a multisig (Safe), a timelock | 2026-10-01 |
| srUSDat | Strata | preferred stock of a bitcoin-treasury company | redeems at once | a timelock | 2026-09-22 |
| sUSDat | Saturn | preferred stock of a bitcoin-treasury company | redeemed only by approved holders | a timelock | 2026-10-01 |
| sUSDe | Ethena | a basis trade run off chain | redeems after a cooldown | a timelock | 2026-10-01 |
| USDat | Saturn | short-dated government bills | redeemed only by approved holders | a timelock | 2026-10-01 |