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Pendle Launches Second Morpho Vault With 9.58% Annualized Yield
Pendle has launched its second ecosystem vault on Morpho, targeting higher-yield PTs. According to Odaily, Pendle said on X that deposits in USDC will be allocated automatically to higher-yield PT markets. The strategy is supported by recurring demand for PTs and is intended to add liquidity to them; the vault’s annualized deposit yield is 9.58%.
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