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Dashboards / Pendle / siUSD
siUSD
EthereumMatures 7 Jan 2027, 70 daysUnderlying siUSD at $1.0969
Implied APY
9.34%
fixed rate to maturity
Underlying APY
6.53%
+2.80 pts implied minus underlying
Max APY (LP)
8.54%
Liquidity
$17.74M
TVL
$26.96M
24h volume
$202.1K
Implied 9.34% against 6.53% underlying
Implied and underlying APY, daily
ImpliedUnderlying
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
$26.96M 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 siUSD, in Pendle's words and ours.
Class Stablecoin (issuer unverified)stablespoints
What it is
iUSD is a non-yield bearing token from InfiniFi, a protocol that enables depositors to allocate USDC deposits into other defi protocols based on votes.
siUSD is the yield-bearing version of iUSD, which yields are by depositing funds into different farms such as Aave, Euler, Fluid. For more information on allocation of funds, refer here.
Quirks
This market has no special quirks
Risk involved
This pool has minimal risk of generating negative yield (from underlying protocol)
Sources: Pendle V2 API (market data and notes). Nothing here is investment advice.