Saturn will launch a second expiry date market on Pendle, with Monad deposits exceeding 100 millions USD.
Foresight News reports that the Saturn Foundation announced on Twitter that its deposit volume on the Pendle market has exceeded $100 million. It is currently launching a second maturity market, starting with deployment on the Monad network. Points accumulated before August 9 will count towards the first season; points accumulated after that date will count towards the second season, which lasts until January 14, 2027. The verified Pendle markets include USDat and sUSDat.
According to previous reports from Foresight News, Saturn’s USDat Pendle market went live on Monad on July 17, supporting the earning of fixed and floating rates on positions backed by U.S. short-term Treasury bonds, with the first maturity date on August 26, 2026.
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