According to official sources, ChainCatcher reports that Cygnus's stablecoin wcgUSD has officially integrated with the DeFi interest rate derivative protocol Pendle. Users can now deposit wcgUSD through the Keep YT mode, minting principal tokens (PT) and yield tokens (YT with zero price impact), simultaneously obtaining triple rewards including base yield, Pendle rewards, and Cygnus points. This solution aims to enhance capital efficiency, allowing users to optimize liquidity allocation while maintaining the full yield exposure of underlying assets.
This collaboration is based on their shared vision for the structured yield market. Pendle's interest rate derivative infrastructure combined with Cygnus's composable interest-bearing stablecoin layer creates a transparent and modular yield primitive. The two parties plan to explore deeper integration in the future through Pendle's infrastructure and Cygnus's Liquidity Verification System (LVS), including native re-pledging of YT assets, modular treasury yield routing, and expanding stablecoin liquidity to application layers such as the creator economy.
The current integration solution is now live on the Base chain, and users can directly participate through the Pendle trading market.
