Pendle Amm v2 product
Overview
Pendle AMM v2 is an automated market maker (AMM) within the Pendle protocol, designed for trading yield-bearing token pairs—specifically Principal Tokens (PT) and Yield Tokens (YT). It upgrades from v1 with concentrated liquidity and dynamic fee mechanisms to improve capital efficiency.
Within the DeFi Intel graph, Pendle Amm v2 connects to 4 tracked entities, most strongly to Pendle Finance, vePENDLE, Pendle Limit Orders.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
part_of | Pendle Finance | 95% |
distributes_fees_to | vePENDLE | 95% |
governed_by | vePENDLE | 90% |
complements | Pendle Limit Orders | 80% |
Frequently asked questions
What is Pendle AMM v2?
It is the second version of the automated market maker used in the Pendle protocol, enabling trading between Principal Tokens and Yield Tokens. It incorporates concentrated liquidity for more efficient capital usage.
How does Pendle AMM v2 differ from v1?
Pendle AMM v2 introduces concentrated liquidity, allowing liquidity providers to allocate funds within specific price ranges, and employs dynamic fee structures that adjust based on market conditions.
What assets are traded on Pendle AMM v2?
It primarily facilitates trading of Principal Tokens (PT) and Yield Tokens (YT), which represent the principal and future yield of underlying DeFi positions respectively.
What is Pendle Amm v2 connected to?
In the DeFi Intel knowledge graph, Pendle Amm v2 is linked to 4 other tracked entities, most strongly to Pendle Finance, vePENDLE, Pendle Limit Orders.
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