There's now an egregious number of charts where the Underlying APY > Implied APY. By buying YTs, this means you're paying cents on the dollar for higher yield exposure. Won't be sharing the markets in question because of how easy it is to find them on the Pendle UI 🤫

Three of the above markets are also point-bearing which are not reflected in the Underlying APY curves. This means you're actually end up getting PAID to earn points. Pendle