Fees decrease as maturity approaches, Pendle adjusts PT looping transaction fee rates

Odaily reports that Pendle has announced it has adjusted its PT principal token looping transaction fees to an automatic adjustment mode, with the fee rate set at approximately 10% of the looping transaction's annualized yield, capped at 10 basis points, or 0.1%. As maturity approaches, the fee rate will decrease accordingly; fees for looping transactions with lower annualized yields will also be lower than previous levels.