Joined December 2017
- Tweets 2,988
- Following 627
- Followers 82,869
- Likes 20,801
Sam retweeted
Amid recent DeFi events, all Terminal pre-deposit funds remain idle and available in their vaults.
sUSDe yield distribution for Pendle LP & YT holders will be completed this Friday.
More details soon on the DEX deployment transition.
Yield-bearing stablecoins open up the design space for extremely efficient DEX.
Terminal is the exchange
Ethena sits between CeFi and DeFi, having reached scale across both markets with a ~$15B TVL through USDe and USDtb — the latter backed by BlackRock’s BUIDL tokenized fund.
Terminal aims to expand alongside Ethena by exporting USDe in a format that TradFi can consume.
A year ago, sUSDe yielded over 20% in CeFi while DeFi rates stayed near 10%. More than $1B flowed into Aave within days to capture the spread.
In TradFi, capital can often be sourced at SOFR +100 bps, while sUSDe can offer returns above 10%.
This spread represents an even larger opportunity as institutional capital moves on-chain.
Terminal is building the exchange for institutional asset trading powered by USDe, where yield-bearing assets serve as core pairs — launching later this year.
Sam retweeted
Even with Terminal’s vaults at capacity, your PT-tUSDe doesn’t have to sit idle.
A new PT-tUSDe/USDC market on Morpho trusted by @hyperithm lets you use PT-tUSDe as collateral.
USDC liquidity comes from Hyperithm’s vault.
You can keep earning 12% APY while gaining liquidity.
Turning 29.
@Terminal_fi is nearing launch, couldn’t be more excited for our model to go live.
@nodeguardians now stands as a public good, having fulfilled its original vision.
I was cooked earlier this year, now feeling better than ever.
Grateful for everything this industry has taught and brought me and most of all, for health.
Sam retweeted
The pre-deposit vault is capped at 225M USDe.
Less than 10M USDe left before reaching the cap.
The tUSDe LP yield on @pendle_fi is currently 17.5% APY.
// It has come to our attention that some of you appreciated the last update_
tl;dr: @Terminal_fi’s tUSDe is entering full saiyan mode.
This light change has a massive impact on yield and it’s just the beginning. Effectively making tUSDe, by far, the best USDe ecosystem APR.
More major updates coming as we approach product launch.
Terminal Pendle
Tell your mom, tell your neighbours and everyone you love, because @Terminal_fi tUSDe (Dec 2025) just got a whole lot better.
Starting today, tUSDe (Dec 2025) will start accruing 100% of sUSDe yield - a Pendle exclusive 😉
Details below 👇🏻
Sam retweeted
A new option is available for Pendle tUSDe users.
PT-tUSDe (11.77% APY) can be used as collateral on @eulerfinance to borrow USDe.
tUSDe liquidity on Pendle is currently above $50M.
// Loopers gotta loop_
Sam retweeted
Pendle is now live on @PlasmaFDN.
With this, we're finally unlocking fixed yield for billions around the world, giving anyone access to Pendle's products directly through Plasma's digital bank.
76 days - 12.5%
tUSDe's IY has climbed 22% over the past week, now sitting comfortably at 12.45% APY.
Despite being a longer-dated pool, this places it at a 2x premium vs. USDe.
Bullish things coming for @Terminal_fi?
Perhaps @samnode_ discovering Bak Kut Teh?
Pendle Terminal
Well, @Starknet is one of those rare protocols that can claim to be "Home to Bitcoin" without sounding cringe.
The team’s always paved its own road, blending technical excellence with meaning
Features & incentives galore, this clearly is a major push. Would keep an eye on this
Sam retweeted
alpha of the day
Curve’s DEX has +$2 billion in TVL and generates $20M in annualized revenue
a DEX built around sUSDe with $200M in TVL and an sUSDe APY of 10% would generate the same amount
(without even considering other sources of revenue)
is your body ready?
Visited the Pendle temple
Working on @Terminal_fi, I get to deal with the team behind the scenes
Can confirm: they’re elite, one of the fastest & most available teams out there
Quick feedback at the weirdest hours, always sharp and diligent
Hard not to be bullish
Pendle
