[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![BlackForest_Fi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1791849479693336576.png) BlackForest [@BlackForest_Fi](/creator/twitter/BlackForest_Fi) on x XX followers
Created: 2025-07-23 00:01:00 UTC

Leverage isn’t yield, it’s math. @pendle_fi shows XX% fixed on sUSDe; flip gearbox to 7× and the screen shouts XXX % APY. 

Liquidation rides at ~86% LTV—one ETH wobble and the “income” evaporates. 

Friends don’t let friends ignore the denominator.


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947809132549181695/c:line.svg)

**Related Topics**
[chapter 11](/topic/chapter-11)
[apy](/topic/apy)
[susde](/topic/susde)
[pendlefi](/topic/pendlefi)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/BlackForest_Fi/status/1947809132549181695)