1/ Last week, @aave listed @pendle's Principal Tokens (PTs) as eligible collateral on the main market, beginning with eUSDe and sUSDe PTs.
Demand for these new markets is hot 🔥
Let's check in on the results 🧵 https://twitter.com/1522646662895783941/status/1914330403932172422

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Original article | Odaily Odaily(@OdailyChina)
Author | Dingdang (@XiaMiPP)
This is the story of Meme coin, which was supposed to be dead, but unexpectedly revived from the bottom after being almost forgotten by the market.
White Whale's market capitalization has surged nearly 500 times in less than a month, from less than $100,000, to a current value of $57 million. The community is now declaring that the next target is $100 million.
The familiar Meme coin scheme...

White Whale: How did a "doomed" Meme coin achieve a 500x comeback in 30 days?

Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
Who is the most talked-about person in America right now? The answer might not be Trump or Musk, but a man named Nick Shirley.
Who is Nick Shirley? He is an independent investigative journalist who is currently stirring up emotions in American society. On December 27th, Nick Shirley posted on social media platforms such as X, Instagram, and YouTube...

The man who struck a chord with American society has issued a cryptocurrency.

Author: 1912212.eth, Foresight News
The most anticipated player in the derivatives market is finally about to make its debut. A few days ago, the Lighter team's marketing head leaked rumors that their TGE (Transfer Exchange Token) would take place before the end of the year. With only three days left until 2026, the TGE is highly likely to happen soon. Initial trading will be limited to the Lighter platform, but Coinbase and Bybit have included it in their roadmaps. OKX and Binance have also launched their perpetual contracts ahead of schedule.
Polymarket also provides...

With Lighter TGE imminent, the market expects FDV to exceed $2 billion?

2/ Within the first week, $480M in PTs were deposited on Aave, filling caps immediately which have been progressively lifted.
PT eUSDe accounts for $314M, while PT sUSDe accounts for $167M.
Each of these instruments carries an implied yield of ~7.5%. 

3/ Now, 41% of the May PT eUSDe supply and 59% of the July PT sUSDe supply are utilized as collateral on Aave.
Meanwhile, Morpho accounts for 16% utilization of the May PT eUSDe, and 14% for the July PT sUSDe.
Across the board, nearly 30% of all PTs are utilized as collateral

4/ Despite lower implied yields of 7.5%, compared to rates exceeding 20% at the start of the year, there remains incredibly strong demand to borrow against PTs as collateral. https://twitter.com/1522646662895783941/status/1914330391240176062

5/ With Aave listing these new instruments, this brings billions in stablecoin liquidity available to be lent out against PTs.
We'll be monitoring closely if deposit caps are filled and lifted, and which new markets and maturities Aave will add next.