Everyone sleeps on stable yields. But in a bear market, they outperform almost every token. Here are the PTs on @pendle_fi I’m farming for 10–16% fixed APY. 🧵👇 — 1️⃣ PT jrUSDe (16.45% fixed APY) by @strata_fi jrUSDe (the junior tranche of USDe on Strata) provides leveraged upside to sUSDe APY while also acting as an insurance pool for the senior tranche (srUSDe). You’re safe as long as sUSDe APY stays above the benchmark lending rate. However, there can be weeks where jrUSDe underperforms if sUSDe APY drops below that benchmark. jrUSDe currently has native 21.81% APY with points on Strata. So fixed APY at 16.45% seems reasonable. — 2️⃣ PT nBASIS (14.23% fixed APY) by @NestCredit nBASIS combines regulated basis trades with tokenized treasuries for consistent, non-directional returns. It actually operates on @plumenetwork, but we can deposit USDC on Ethereum too. The native yield is 5.25% APY + rewards in Plume, but I prefer keeping it fixed yield through PTs. — 3️⃣ PT USDai (fixed 11.48% APY) by @USDai_Official USDai is a synthetic dollar designed to finance the physical infrastructure of AI (compute) and other emerging sectors. USDai recently increased the minting cap, letting us mint USDai with USDC then bridge and swap into PTs on Pendle on Arbitrum, Plasma, and Base (soon). PT USDai forgone points to YT, netting 11.48% fixed APY. — 4️⃣ PT cUSD (10.99% APY) by @capmoney_ cUSD is fully backed with ~90% of collateral in Aave + other 10% borrowed to its operators. It uses a restaking mechanism. If operators fail to return capital, their collaterals get slashed instead of the asset depegging. PT cUSD yields 10.99% fixed APY. — Remember: diversify, don’t put all your eggs in one basket. Do your own research. Allocate only what you can afford to lose. Note: Choosing PT doesn’t mean YT is a hard no. I’ll share my YT strategies in a separate post.