Pendle's Ecosystem Vault Live on Morpho
Pendle's Ecosystem USDC vault has launched on Morpho, marking a significant development in the world of decentralized finance (DeFi).
The vault is a collaborative effort between Pendle and Armitage, Wintermute's vault curation arm.
This innovative structure connects deposited USDC with demand for Pendle principal tokens by directing funds into selected PT markets on Morpho.
According to the announcement, deposits are allocated across PT-reUSD, PT-sUSDS, and PT-USDG markets.