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Pendle Surpasses $440 Million TVL on Plasma, New Asset Type to be Launched This Week

2025.10.09 23:56:16

On October 9th, Pendle's TVL on Plasma witnessed a significant surge to $4.46 billion. This week, it is set to launch new assets, namely PlasmaUSD, aUSDT0 (from Aave), and fUSDT0 (from Fluid). PlasmaUSD (with a maturity date of January 29, 2026) is the flagship vault managed by Veda on Plasma. The deposited funds will be allocated to top-tier lending protocols like Aave to generate yields. Aave aUSDT0 (with a maturity date of February 26, 2026) enables USDT0 on Aave, allowing for the earning and trading of lending annual percentage yield (APY). 0xfluid fUSDT0 (with a maturity date of February 26, 2026) facilitates speculative and trading activities on the APY of the USDT0 vault on Fluid, including the lending yield and XPL rewards earned on Fluid.
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