MNKN
Dashboards / Pendle / reUSD
reUSD
MonadMatures 10 Dec 2026, 42 daysUnderlying reUSD at $1.1096
Implied APY
12.11%
fixed rate to maturity
Underlying APY
6.99%
+5.12 pts implied minus underlying
Max APY (LP)
10.89%
Liquidity
$559.9K
TVL
$2.72M
24h volume
$0
Implied 12.11% against 6.99% underlying
Implied and underlying APY, daily
ImpliedUnderlying
Data as of 28 Oct 2026 00:00 UTC/Source Pendle
$2.72M 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 reUSD, in Pendle's words and ours.
Class RWA-backed (off-chain collateral)stablesrwarexyzpt-looping
What it is
reUSD is a stable, yield-bearing token from re.xyz which is backed by T-bills and delta-neutral ETH basis strategies. It targets 6% - 8% baseline APY without insurance risk, with instant liquidity.
Quirks
This market has no special quirks
Risk involved
This pool generates negative yield if allocation to reinsurance strategies is unprofitable
Sources: Pendle V2 API (market data and notes). Nothing here is investment advice.