The sUSDe Perpetual Token expiring on September 25th on Pendle is now live on AAVE and is quickly selling out, with over 98% of the $200 million allocation already subscribed.

BlockBeats News, July 16th: The sUSDe PT token issued by Pendle with a maturity date of September 25th is now trading on AAVE and is quickly approaching sellout, with over 98% of the $200 million allocation already subscribed.

The Pendle PT (Principal Token) has become a significant collateral in DeFi, with a current market cap exceeding $26.7 billion. Aave holds over $20 billion of PT as collateral.