ethereum.yields.pendle_markets table serves as the foundational reference for all Pendle markets, providing essential metadata about markets and their associated tokens.
Market Structure
Each Pendle market consists of several token components:-
Market (LP) Token
market: Contract address of the liquidity poolmarket_name: Human-readable market identifiermarket_decimals: Decimal precision for LP token
-
Standardized Yield Token (SY)
standardized_yield_token: Contract addresssy_name: Token namesy_decimals: Decimal precision
-
Principal Token (PT)
principal_token: Contract addresspt_name: Token namept_decimals: Decimal precision
-
Yield Token (YT)
yield_token: Contract addressyt_name: Token nameyt_decimals: Decimal precision
Understanding Pendle Components
- Standardized Yield (SY): Wrapped yield-bearing tokens standardized for use in Pendle
- Principal Token (PT): Represents the right to the underlying asset at maturity
- Yield Token (YT): Represents the yield-bearing portion of the asset
- Market: Liquidity pool where these tokens can be traded
Usage Example
Table Columns
| Column Name | Description |
|---|---|
| market | Contract address of the liquidity pool |
| market_name | Human-readable market identifier |
| market_decimals | Decimal precision for LP token |
| standardized_yield_token | Contract address of standardized yield token |
| sy_name | Name of standardized yield token |
| sy_decimals | Decimal precision of standardized yield token |
| principal_token | Contract address of principal token |
| pt_name | Name of principal token |
| pt_decimals | Decimal precision of principal token |
| yield_token | Contract address of yield token |
| yt_name | Name of yield token |
| yt_decimals | Decimal precision of yield token |