5/11/2023 - Pendle ETH Yield Token (12/25/24) has a 30d APY of 32.28%, a TVL of 7,671,869, and an Exponential Risk Rating of D. This pool allows you to long the yield generated on sfrxETH through Yield Tokens (YT) with a maturity date of 12/25/2024.

Pendle ETH Yield Token (12/25/24) on Ethereum (sfrxETH)

This pool allows you to long the yield generated on sfrxETH through Yield Tokens (YT) with a maturity date of 12/25/2024. You profit when the future yield accrued is greater than the price of YT when initially purchased.

sfrxETH is the staked version of frxETH designed to accrue the staking yield of the Frax ETH valiators. The exchange rate of frxETH per sfrxETH increases over time as staking rewards accrue to the vault.

sfrxETH

This pool serves as a yield-generating account for you to earn yield on your ETH, subject to market conditions

Investment Strategy

Fundamentals

Economics

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Code quality of the underlying smart contracts

Pendle

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Ethereum

Chain Design

Pool Fundamentals

Reflects how exposed the pool is to leverage or undercollateralized assets for lending protocols

Pendle ETH Yield Token (12/25/24)

Collateralization & Leverage

The potential loss incurred when investing in a liquidity pool versus holding the assets separately outside the pool

Impermanent Loss

Assessment of yield sustainability due to organic market demand or high incentives

Yield Outlook

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Economics

Something that shows up when you hover over the (i) icon

Yield Source

Your yield is continuously accrued from third-party DeFi platforms until maturity

This pool has not been receiving any protocol incentives to encourage user deposits