Pendle Principal Tokens (PTs) on Aave
As of May 2025, Aave started onboarding Pendle Principal Tokens that allows their holders even greater use of their capital, with extra tools for this available at DeFi Saver.
Utilizing our Aave dashboard, users are able to do a 1-transaction looping of their PT:
Show me how:
Let's say you're holding PT sUSDe November and you're looking to leverage it multiple times to increase how much you'll be claiming once the maturity date hits.
This is all done in a single transaction by:
Flash loaning the debt asset
Swapping the debt asset for the PT
Supplying it to Aave
Borrowing more of the debt asset
Repaying the flash loan
The first step would be to navigate to the Aave dashboard in the sidebar:
From there, click the "Create" button to get started, and press the "Leverage" tab:
Once you're on the Leverage screen, you'll be able to:
Choose the collateral asset
The collateral amount
Select the leverage amount
Select the debt asset
The debt amount
The Exchange route
Tick the E-Mode checkbox
Set the slippage limit
On the right-hand side, you'll be able to see all the projections and details of your position before opening it.
If everything checks out, press the "Create" button.
If the transaction is successful, you'll be met with a success pop-up window. You'll have the option to check out our Automations, but if that's not currently relevant to you, simply press "Done".
You'll now see your position's real-time details, along with all of the relevant security metrics.
From here, you'll also be able to access our Boost & Repay features.
DeFi Saver can help you save numerous steps with creating a leveraged position with your PT assets, as the position is opened in one smooth transaction. This saves users both time and gas fees.
Additionally, opening a Borrow or Leveraged position on DeFi Saver gives you access to our leverage management tools, such as Boost & Repay or Collateral Switch.
There are no DeFi Saver fees associated with any of our actions on PT positions.
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