Introducing: PT-sUSDe on Solana

Kamino Brings Pendle’s PT-sUSDe to Solana, Powered by Chainlink CCIP

For the first time, PT-sUSDe is coming to Solana.

Solana users will soon gain direct access to one of Ethereum’s flagship yield assets, PT-sUSDe, through a seamless, Solana-native experience on Kamino. With Pendle PTs leveraging the Chainlink Cross-Chain Interoperability Protocol (CCIP) and the Chainlink Cross-Chain Token (CCT) standard, this integration sets a new benchmark for secure cross-chain connectivity between Ethereum and Solana. Kamino users will have access to PT-sUSDe in the coming weeks without needing to switch chains, navigate bridge UIs, or handle gas on Ethereum, resulting in a truly Solana-native experience.

Unlocking PT-sUSDe on Solana

PT-sUSDe is a central player in Pendle’s rapidly growing yield ecosystem. It underpins fixed-yield strategies, structured products, and some of the most active liquidity pools in DeFi.
Until now, these opportunities were largely confined to Ethereum.

With Kamino, Solana users gain:

  • A direct connection between Solana’s surging DeFi ecosystem and one of Ethereum’s most important yield primitives

  • New yield vaults, structured strategies, and liquidity opportunities powered by PT-sUSDe

  • Exposure to Pendle’s markets through a familiar, Solana-first experience

“This integration makes Pendle’s PT-sUSDe natively available on Solana for the first time, all powered by Chainlink CCIP. It’s a major unlock that brings one of Ethereum’s most important yield primitives to Solana users through an experience that feels intuitive and native to Kamino.” - Marius Ciubotariu, Co-Founder of Kamino

How Chainlink CCIP Enables Solana-Native PT-sUSDe

Enabling Pendle PTs to be compatible with the Chainlink CCT standard is what makes this expansion possible, allowing PT-sUSDe to exist securely across ecosystems while maintaining a canonical, Pendle-governed representation on each chain. This is the first implementation of the CCT standard for Pendle, and lays the foundation for future PT assets to expand across leading blockchain ecosystems.

“We’re excited to expand PT-sUSDe to Solana, leveraging Chainlink CCIP and the CCT standard. This is a major milestone in connecting the Solana and Ethereum ecosystems, and we hope to see many more PT assets on Solana and Kamino, all powered by Chainlink CCIP.” - TN Lee, Co-Founder of Pendle

The Next Generation of DeFi is on Solana

PT-sUSDe on Solana opens the door to a new wave of opportunities. For the first time, Solana users can tap directly into one of Ethereum’s most important yield primitives through the same fast, intuitive experience they already know on Kamino. This unlocks deeper liquidity and paves the way for new structured strategies, vaults, and yield products built around PT-sUSDe.

And this is only the beginning. As more assets adopt the Chainlink CCT standard, Kamino will keep expanding what’s possible on Solana, bringing the next generation of DeFi to the fastest ecosystem in Web3.

“We’re excited to see Kamino, Pendle, and Chainlink come together to unlock new opportunities across leading blockchain ecosystems. With Pendle PTs leveraging the Chainlink CCT standard for the first time and Chainlink CCIP enabling secure cross-chain connectivity, PT-sUSDe can now expand to Solana through Kamino in a way that feels native while maintaining secure, reliable infrastructure underneath.” - Johann Eid, Chief Business Officer, Chainlink Labs

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About Kamino
Kamino is the institutional-grade credit and liquidity layer for Solana, built on three years of incident-free operation, over $100B in borrow volume, zero bad debt, 18 external audits, formal verification, and a fully open-source codebase. Kamino provides a unified platform for lending, borrowing, liquidity, and yield designed to give users, builders, and institutions a secure, predictable foundation for on-chain finance.

Trusted across the ecosystem for its security and reliability, Kamino serves asset issuers, institutions, integrators, and retail users seeking a safe, scalable environment to launch and interact with on-chain assets. By combining deep risk management, performant infrastructure, and a broad suite of DeFi products, Kamino has become a core pillar of Solana’s financial stack and the most widely used lending protocol in the ecosystem.

About Chainlink

Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world’s largest financial services institutions have also adopted Chainlink’s standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Lido, GMX and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

About Pendle
Pendle is the world’s largest crypto yield-trading platform, a dedicated infrastructure layer for institutions and users seeking precision exposure to on-chain yield. By separating yield from principal, Pendle enables sophisticated strategies such as yield trading and fixed rate positioning.

Boros further extends Pendle’s capabilities by making funding rate tradable, allowing users to express directional views or hedge perpetual funding risk.

For more information, visit pendle.finance or follow @pendle_fi on X.

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