Get implied APYGet implied APY
Pendle · Reads onchain state
Reads a Pendle market's implied fixed APY from its on-chain implied rate. The market state's last ln implied rate is exponentiated on-chain, giving the annualized rate the market currently prices PT at, at 18 decimals. It is the fixed yield a PT buyer locks in to maturity. Reach for it to compare fixed yield against a variable rate from a lending market and decide which to hold, or to gate a PT purchase on a minimum implied APY.