How to Trade with Pendle Token in Term Structure

Principal Tokens (PTs) from Pendle offer high yields and substantial liquidity, allowing users to leverage their value. On Term Structure, you can use PTs as collateral to borrow, thereby increasing capital efficiency or engaging in leverage strategies. Follow these steps to unlock additional utility with your Pendle tokens!

Using Pendle’s PTs as Collateral to Borrow ETH

Withdrawing ETH (PT-weETH)

Once you have successfully borrowed ETH(PT-weETH market) on Term Structure and you wish to withdraw, the steps as below: Step 1: Initiate Withdrawal Go to Wallet, under “Wrapped Asset”, choose ETH (PT-weETH market) to withdraw to Ethereum.

Once the above steps are completed, user would be able to see ETH(PT-weETH market) balance under Wrapped Asset table.

Repaying Loans

Happens on Ethereum

Step 2: Select Loan to Repay Go back to the Wallet page, scroll down to the “Loan” section, select the loan you want to repay, and click “Action”. Choose the repayment amount and fill in the collateral amount to remove

Adding Collateral

Happens on Ethereum

Step 1: Purchase PT Tokens If your health factor is close to the liquidation threshold, purchase the corresponding PT with the same maturity date from Pendle.

Lending ETH for ETH(PT-weETH market)

Step 2: Deposit to Layer 2 Term Structure Deposit ETH (PT-weETH market) to Layer 2 Term Structure.

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