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Dashboards / Pendle / reUSDe
reUSDe
EthereumMatures 10 Dec 2026, 42 daysUnderlying reUSDe at $1.4355
Implied APY
18.89%
fixed rate to maturity
Underlying APY
12.52%
+6.38 pts implied minus underlying
Max APY (LP)
18.07%
Liquidity
$4.57M
TVL
$17.40M
24h volume
$46.6K
Implied 18.89% against 12.52% underlying
Implied and underlying APY, daily
ImpliedUnderlying
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
$17.40M locked in this market
Market TVL, USD, daily
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
The collateral
The underlying asset is the risk in a Pendle position. What backs reUSDe, in Pendle's words and ours.
Class RWA-backed (off-chain collateral)stablesrwarexyzlp-with-no-il
What it is
reUSDe is a yield-bearing token from re.xyz that is fully backed by collateralized insurance programs. It delivers 15% - 23% net APY from underwriting low-volatility personal & commercial lines.
Quirks
This market has no special quirks
Risk involved
This pool has minimal risk of generating negative yield
Sources: Pendle V2 API (market data and notes). Nothing here is investment advice.