USDD Launches Second $600,000 Incentive Round for Pendle sUSDD Market

USDD said its first incentive campaign for the Pendle sUSDD market has ended and a second round has begun. According to ChainCatcher, the first phase provided more than $300,000 in rewards, the market’s TVL peaked at nearly $40 million, and PT fixed yields stayed above 7% overall. The second round carries a total value of $600,000 and will run from August 27, 2026 to November 26, 2026, lasting 91 days. Users can continue participating from their first-phase positions.