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Pendle (@pendle_fi): The @ethena sUSDe yield just hit a 3-month high.

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The @ethena sUSDe yield just hit a 3-month high. 5% APY at time of writing; 4.75% APY on a 1-week average. sUSDe yield runs on perp funding, so when traders lean long, the APY climbs. This makes it an excellent barometer for market bullishness, driven by traders' positioning.

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