Pendle: PT Looping incentives go live - 13 Aug 2026 to 27 Aug 2026

Pendle says PT Looping incentives are live for new PT loops in select capped pools. The program adds 2% APY before leverage, paid in PENDLE, with rewards weighted by participation time and distributed when the campaign ends.The incentive improves the economics of opening new PT loops, which could draw more capital into Pendle's yield strategies. Paying rewards in PENDLE also links participation directly to the token rather than leaving the benefit entirely within the pool's existing yield structure. Availability is limited to selected capped pools, and time-weighting means the reward outcome depends on how long a position remains active. The announcement confirms that the incentive is available, but does not demonstrate adoption or a resulting market effect.PT Looping incentives are now live.Get extra 2% APY on top of your PT Fixed APY while looping with Pendle.At an 10x loop, that's +20% APY on your position.Limited time only 👇