OKX Integrates PT-USDG as Collateral on Aave V3's X Layer

Aave V3's X Layer instance has integrated Pendle's PT-USDG principal token as collateral, enabling users to borrow using the fixed-yield token.

The integration is governed by proposal AIP-514, allowing borrowers to use PT-USDG tokens maturing on October 29, 2026, with a maximum loan-to-value ratio of 93.59%, within a market supply cap of $35 million.

A total of $150,000 in incentives from X Layer will support the rollout, aimed at enabling users to retain fixed-yield exposure while unlocking borrowing capacity with the same asset.