Aave prepares $67M PT-AUSD collateral rollover into Pendle's December market
- —67.4 million PT-AUSD-8OCT2026 tokens were supplied as collateral on Aave V3 Monad as of Oct. 2, per LlamaRisk
- —Active AUSD loans on Aave jumped 113% to $8.7 million in 15 days, with deposits doubling to $11.2 million
- —The collateral cap was raised from 20 million to 40 million and then 80 million tokens, each filled within days
- —Pendle's December pool holds just $1.61 million of liquidity at an implied yield of 5.64%
Why it matters: The Oct. 8 expiry is the first large-scale test of whether the Pendle-Aave loop can keep fixed-yield capital inside DeFi across maturities.
Source: CryptoSlate