Pendle PT is now officially live as collateral on the Aave Core Market, with approximately $162.2 million in liquidity deposited.

BlockBeats News, May 1st: According to official sources, Pendle PT has been officially launched as collateral on the Aave Core Market. Within a few hours of the launch, the $150 million quota was fully subscribed. The quota has now been increased to $250 million, with approximately $162.2 million worth of Pendle PT collateral already deposited, accounting for 65% of the total quota.

While providing secure and stable fixed income, Pendle PT is rapidly becoming a high-quality collateral in various lending markets.