# Pendle Finance Yield Markets — Fixed APY & YT Analysis (`gochujang/pendle-yield-markets`) Actor

Pendle yield tokenization markets: fixed APY (PT), implied APY, underlying real yield, YT floating APY, PT discount, liquidity, and APY divergence signal (yt\_underpriced/overpriced/fairly\_priced). No API key. $0.002/market.

- **URL**: https://apify.com/gochujang/pendle-yield-markets.md
- **Developed by:** [Hojun Lee](https://apify.com/gochujang) (community)
- **Categories:** Developer tools, Automation, News
- **Stats:** 2 total users, 1 monthly users, 100.0% runs succeeded, 0 bookmarks
- **User rating**: No ratings yet

## Pricing

Pay per usage

This Actor is paid per platform usage. The Actor is free to use, and you only pay for the Apify platform usage, which gets cheaper the higher subscription plan you have.

Learn more: https://docs.apify.com/platform/actors/running/actors-in-store#pay-per-usage

## What's an Apify Actor?

Actors are web data automations that power AI and operations. They run on the Apify platform to scrape websites, process data, connect APIs, and automate workflows.
In Batch mode, an Actor accepts a well-defined JSON input, performs an action which can take anything from a few seconds to a few hours,
and optionally produces a well-defined JSON output, datasets with results, or files in key-value store.
In Standby mode, an Actor provides a web server which can be used as a website, API, or an MCP server.
Actors are written with capital "A".

## How to integrate an Actor?

If asked about integration, you help developers integrate Actors into their projects.
You adapt to their stack and deliver integrations that are safe, well-documented, and production-ready.
The best way to integrate Actors is as follows.

- **AI agents and MCP clients** — the [Apify MCP server](https://docs.apify.com/integrations/mcp.md) at `https://mcp.apify.com` (remote, streamable HTTP, OAuth on first use).
- **Agentic workflows and local Actor development** — [Agent Skills](https://apify.com/.well-known/agent-skills/index.json) with the [Apify CLI](https://docs.apify.com/cli/docs.md): `npm install -g apify-cli`, then `apify login`.
- **JavaScript/TypeScript projects** — the official [JS/TS client](https://docs.apify.com/api/client/js/docs.md): `npm install apify-client`.
- **Python projects** — the official [Python client](https://docs.apify.com/api/client/python/docs.md): `pip install apify-client`.
- **Any other language** — the [REST API](https://docs.apify.com/api/v2.md).

For usage examples, see the [API](#api) section below.

For more details, see Apify documentation as [Markdown index](https://docs.apify.com/llms.txt) and [Markdown full-text](https://docs.apify.com/llms-full.txt).

# README

## Pendle Finance Yield Markets

> Active Pendle yield tokenization markets: fixed APY (PT), implied APY, underlying real yield, YT floating returns, PT discount, and APY divergence signal. Covers Ethereum, Arbitrum, and more. No API key required.

***

### What It Does

Fetches live data from the Pendle Finance API for all active yield tokenization markets and computes:

- **PT Fixed APY**: Locked-in yield if you buy the Principal Token and hold to expiry
- **Implied APY**: Market's consensus expectation of the underlying protocol's future yield
- **Underlying APY**: Current real yield from the underlying protocol (e.g., Aave, Lido, Ethena)
- **YT Floating APY**: Historical accumulated yield for Yield Tokens
- **PT Discount**: How much cheaper PT is vs 1:1 underlying asset
- **APY Divergence Signal**:
  - `yt_underpriced` — Underlying yield > implied → YT accumulates more than priced in
  - `yt_overpriced` — Implied yield > underlying → market is paying premium for yield
  - `fairly_priced` — Within 5% divergence

***

### Input

| Field | Type | Default | Description |
|-------|------|---------|-------------|
| `chains` | string\[] | `["ethereum", "arbitrum"]` | Chains to scan |
| `limit` | integer | `50` | Max markets to return |
| `minLiquidityUsd` | number | `100,000` | Minimum liquidity filter (USD) |
| `sortBy` | string | `liquidity` | Sort: `liquidity`, `fixed_apy`, `underlying_apy`, `volume` |
| `activeOnly` | boolean | `true` | Exclude inactive markets |

***

### Use Cases

- **Fixed yield hunting**: Find highest PT APY for duration-matched exposure
- **YT carry trades**: Identify markets where underlying beats implied APY
- **Liquidity concentration**: Which Pendle markets have the deepest pools?
- **Protocol yield tracking**: Monitor real yields from Aave, Lido, Ethena, etc.

***

### Pricing

**$0.002 per market returned.** Default 50 markets = $0.10/run.

# Actor input Schema

## `chains` (type: `array`):

Blockchains to fetch Pendle markets from.

## `limit` (type: `integer`):

Maximum number of markets to return.

## `minLiquidityUsd` (type: `number`):

Filter out markets below this liquidity threshold.

## `sortBy` (type: `string`):

Metric to rank markets by.

## `activeOnly` (type: `boolean`):

If true, exclude inactive/deprecated markets.

## Actor input object example

```json
{
  "chains": [
    "ethereum",
    "arbitrum"
  ],
  "limit": 50,
  "minLiquidityUsd": 100000,
  "sortBy": "liquidity",
  "activeOnly": true
}
```

# API

You can run this Actor programmatically using our API. Below are code examples in JavaScript, Python, and CLI, as well as the OpenAPI specification and MCP server setup.

## JavaScript example

```javascript
import { ApifyClient } from 'apify-client';

// Initialize the ApifyClient with your Apify API token
// Replace the '<YOUR_API_TOKEN>' with your token
const client = new ApifyClient({
    token: '<YOUR_API_TOKEN>',
});

// Prepare Actor input
const input = {};

// Run the Actor and wait for it to finish
const run = await client.actor("gochujang/pendle-yield-markets").call(input);

// Fetch and print Actor results from the run's dataset (if any)
console.log('Results from dataset');
console.log(`💾 Check your data here: https://console.apify.com/storage/datasets/${run.defaultDatasetId}`);
const { items } = await client.dataset(run.defaultDatasetId).listItems();
items.forEach((item) => {
    console.dir(item);
});

// 📚 Want to learn more 📖? Go to → https://docs.apify.com/api/client/js/docs

```

## Python example

```python
from apify_client import ApifyClient

# Initialize the ApifyClient with your Apify API token
# Replace '<YOUR_API_TOKEN>' with your token.
client = ApifyClient("<YOUR_API_TOKEN>")

# Prepare the Actor input
run_input = {}

# Run the Actor and wait for it to finish
run = client.actor("gochujang/pendle-yield-markets").call(run_input=run_input)

# Fetch and print Actor results from the run's dataset (if there are any)
print("💾 Check your data here: https://console.apify.com/storage/datasets/" + run["defaultDatasetId"])
for item in client.dataset(run["defaultDatasetId"]).iterate_items():
    print(item)

# 📚 Want to learn more 📖? Go to → https://docs.apify.com/api/client/python/docs/quick-start

```

## CLI example

```bash
echo '{}' |
apify call gochujang/pendle-yield-markets --silent --output-dataset

```

## MCP server setup

```json
{
    "mcpServers": {
        "apify": {
            "command": "npx",
            "args": [
                "mcp-remote",
                "https://mcp.apify.com/?tools=gochujang/pendle-yield-markets",
                "--header",
                "Authorization: Bearer <YOUR_API_TOKEN>"
            ]
        }
    }
}

```

## OpenAPI specification

Download the OpenAPI definition: https://api.apify.com/v2/actors/WQla86dfsdfZ1ZXXh/builds/BFxw2p0NWSOXAsKo8/openapi.json
