Pendle Aave distribution pools product
Overview
Pendle Aave distribution pools are a product within Pendle Finance that tokenize the yield from Aave lending markets. They split Aave's aTokens into Principal Tokens (PT) representing the underlying asset and Yield Tokens (YT) representing future interest accrual. These pools enable fixed-rate lending, borrowing, and trading of future yield.
Within the DeFi Intel graph, Pendle Aave distribution pools connects to 1 tracked entity, most strongly to Aave.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
flows_to | Aave | 90% |
Frequently asked questions
What are Pendle Aave distribution pools?
Pendle Aave distribution pools are a product within Pendle Finance that tokenize the yield from Aave lending markets, splitting Aave's aTokens into Principal Tokens (PT) and Yield Tokens (YT).
What do Pendle Aave distribution pools enable?
These pools enable fixed-rate lending, borrowing, and trading of future yield.
What protocol do Pendle Aave distribution pools interact with?
Pendle Aave distribution pools flow to Aave.