Pendle PT/YT Tokens product
Overview
Pendle PT/YT Tokens are issued by the Pendle protocol, which splits yield-bearing assets into two distinct tokens: Principal Tokens (PT) and Yield Tokens (YT). PT corresponds to the base principal and can be exchanged for the original asset upon maturity; YT embodies the entitlement to future yield. This arrangement permits market participants to either trade anticipated yield independently or secure a predetermined rate.
Within The Counterparty graph, Pendle PT/YT Tokens connects to 3 tracked entities, most strongly to Pendle, Pendle, Morpho Blue.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
built_on | Pendle | 95% |
launched | Pendle | 95% |
supports_token | Morpho Blue | 90% |
Frequently asked questions
What is Pendle PT/YT Tokens?
Pendle PT/YT Tokens is a yield-tokenization-product tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Pendle, Pendle, Morpho Blue.
What type of entity is Pendle PT/YT Tokens?
Pendle PT/YT Tokens is classified as a yield-tokenization-product (product) in The Counterparty knowledge graph.
What is Pendle PT/YT Tokens connected to?
In The Counterparty knowledge graph, Pendle PT/YT Tokens is linked to 3 other tracked entities, most strongly to Pendle, Pendle, Morpho Blue.