Pendle's sUSDe PT token on AAVE is nearly sold out, with over 98% of the $200 million allocation subscribed, reflecting its significance in DeFi collateralization.
Pendle's sUSDe PT token, set to launch on AAVE, has seen over 98% of its $200 million allocation subscribed, indicating its vital role as collateral in the DeFi space. The Principal Token (PT) market cap has surpassed $2.67 billion, emphasizing Pendle's growing influence in decentralized finance.