Pendle Adjusts PT Loop Trading Fees to Dynamic Model
Pendle has transitioned its PT (Principal Token) loop trading fees to an automated dynamic model. The fee is now set at approximately 10% of the loop trading APY, capped at 10 basis points (0.1%), resulting in lower costs as maturity approaches or for lower-APY trades.
Summaries are written by AI from the original article. Not investment advice.