In traditional finance, fixed-term investments offer upwards of 5% APY on cash. On Pendle, we've been offering upwards of 15% APY on the exact same exposure.

This means institutions that learned to bridge the TradFi-DeFi gap have positioned themselves to earn 3x more yield than their competitors.

One such institution is Republic Digital, an institutional asset manager with their flagship Republic Digital Opportunistic Digital Assets Fund. The fund provides targeted exposure across 15 investment themes, catering to a broad range of investor profiles.

Pendle Principal Tokens (PTs) form a core component of Republic Digital's cash management strategy. Notably, our USDe-based PTs allow them to receive outsized fixed rate yields by forward-selling points - trading speculation for certainty.

𝐀𝐛𝐨𝐮𝐭 Republic Digital:

Republic Digital is an institutional asset manager specialized in digital investments. Their diverse exposure offerings are underpinned by a fundamental and active trading approach that aim to maximize risk-adjusted returns.