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![degennQuant Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1654225011434045442.png) 800.HL [@degennQuant](/creator/twitter/degennQuant) on x 5951 followers
Created: 2025-07-25 10:00:20 UTC

Pendle takes in a yield bearing token (i.e. $hbUSDT) and splits it into two parts:

🔵 Principal token (PT): The principal amount (i.e. X $USDT)

🟢 Yield-token (YT): The yield-receivables of $hbUSDT (i.e. The APY and points being earned)

PT and YT can be traded via Pendle’s AMM. By creating a yield trading market in DeFi, Pendle unlocks the full potential of yield, enabling users to execute advanced yield strategies.

Ok but what does this actually mean? 👇


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948684735963685138/c:line.svg)

**Related Topics**
[usdt](/topic/usdt)
[hbusdt](/topic/hbusdt)
[token](/topic/token)
[$hbusdt](/topic/$hbusdt)
[$usdt](/topic/$usdt)
[coins bsc](/topic/coins-bsc)
[coins stablecoin](/topic/coins-stablecoin)
[coins solana ecosystem](/topic/coins-solana-ecosystem)

[Post Link](https://x.com/degennQuant/status/1948684735963685138)