Pendle PT has officially launched as collateral on the Aave Core Market, with approximately $162.2 million in funds deposited.

BlockBeats news, on May 1st, according to official news, Pendle PT has officially launched as a Collateral on Aave Core Market. Within hours of its launch, the subscription for the $150 million capacity was sold out. The capacity has now been increased to $250 million, with approximately $162.2 million in Pendle PT Collateral deposited, accounting for 65% of the total capacity. Pendle PT is becoming a high-quality Collateral in various lending markets while providing secure and stable fixed income.

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