A fresh $2m USDC has been added to the PT-sUSDf market, bringing borrow costs to 6.6% APR Meanwhile, PT-sUSDf fixed rates have shot up to 14% APY (+9% WoW) Assuming borrow rates stay stable, PT-sUSDf/USDC loops are looking at a HEFTY 80.9% APY (15% RoI over 68 days)
Great thing about PTs is even if implied yields go down, entering no lets you lock in that sweet 14% APY. The market uses a fundamental oracle + USDf:USDC so liquidation risk is VERY low. Check it out here: 😘😘😘
2,16K