Pendle PT Redemptions

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At 8 PM EST, 1.5M ETH (~$5.1B) worth of Pendle PTs will expire.

While this is standard practice, there could be a serious impact on the stability of the LRT pegs.

Rates for the newer Pendle pools are hovering around 10-20% relative to 40-50% rates from a few months ago when many of these PTs were purchased.

PT Redemption Data

  1. weETH (

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Thanks for the report.
I think that is too much ETH: "weETH (EtherFI): 778,000 ETH". Could you share a source? I think they have ~540k weETH (EtherFI)