Pendle Adjusts PT Principal Token Loop Trading Fees to Automatic Mode

Pendle said it has switched PT principal token loop trading fees to an automatic adjustment mode. According to Odaily, the fee rate is about 10% of the annualized yield from loop trading, capped at 10 basis points, or 0.1%. As the maturity date approaches, the fee rate will decline accordingly, and fees for low-yield loop trading will also be lower than before.