Published Sep 25, 2026, 12:43 AM ET · Updated 2 months ago · 1 source
YT-USDat on Pendle is the most interesting Saturn S2 strategy despite expiry risk
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Original Report
YT-USDat on Pendle is the most interesting current strategy because its 30x S2 multiplier and ~51x YT leverage offer the highest point exposure, even though buyers pay ~2% of notional versus ~0.9% underlying yield for that exposure.