Pendle Sy product
Overview
Pendle Sy (Standardized Yield) is a token standard inside the Pendle protocol that wraps yield-bearing assets, such as stETH and cDAI, into a single ERC-20 token. It splits principal from future yield, facilitating yield trading and fixed-rate lending. Sy tokens act as the foundational component for all Pendle yield tokenization.
Within The Counterparty graph, Pendle Sy connects to 2 tracked entities, most strongly to Pendle Finance, Pendle Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
uses | Pendle Finance | 95% |
implements | Pendle Finance | 90% |
Frequently asked questions
What is Pendle Sy?
Pendle Sy is a yield-wrapper-standard tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Pendle Finance, Pendle Finance.
What type of entity is Pendle Sy?
Pendle Sy is classified as a yield-wrapper-standard (product) in The Counterparty knowledge graph.
What is Pendle Sy connected to?
In The Counterparty knowledge graph, Pendle Sy is linked to 2 other tracked entities, most strongly to Pendle Finance, Pendle Finance.