All the DeFi action lately is happening on @pendle_fi sYUSD is a staked version of YUSD, a stablecoin by @aegis_im, which earns yield from basis (long spot/short perp). 1 PT-sYUSD earns you 14,44% fixed APY. Users can redeem PTs for sYUSD at maturity. 1 YT-sYUSD gives the yield and points of 1 sYUSD in until maturity, along with a limited-time 6x multiplier. I think the play here is to buy YT sYUSD, which nets you 10% APY + 90 Aegis points per YT / day. Some moon math from @Slappjakke shows that even at a conservative $25m FDV, estimated ROI per YT is 120%. If this sounds Greek to you, I recommend you check out this thread with step-by-step instructions on how to do it: https://x.com/Slappjakke/status/1956062449272283495(Route 2 FI)