[Pendle High-Yield USDC Vault Surpasses $16 Million in Deposits Within One Day of Launch] BlockBeats News, October 15: Pendle announced that its high-yield USDC vault within the Pendle ecosystem on Morpho surpassed $16 million in TVL within less than a day of launch. According to the Morpho page, as of now, the total deposits in the vault have reached approximately $16.02 million, with a net APY of 8.19%. The vault is jointly managed by Pendle and Wintermute's vault management division, Armitage, and operates in parallel with the existing Pendle Ecosystem USDC vault. Currently, Pendle has two USDC ecosystem vaults on Morpho. Compared to the original vault, the new vault covers a broader PT market, allocating USDC liquidity to selected high-yield PT collateralized lending markets, providing more borrowing liquidity for PT cyclical lending users. Pendle stated that the borrowing demand supports vault yields, thereby attracting more deposits. [Original Link]