Pendle Lists Four Fixed-Term USDe Markets on Ethereum

The headline number here is the liquidity, not the yield: roughly $10,000 per pool is a test-sized listing, so the quoted 5.24%–6.00% range reflects thin, easily moved pricing rather than a durable market-clearing rate. That matters most for anyone treating Pendle's fixed-term quotes as a read on where USDe funding is headed — at this scale, a single participant can distort the curve. The open question is whether these pools attract depth before the quoted yields get cited as a benchmark.