Pendle Ecosystem USDCEthereum · Morpho

Absolute cap on market PT-sUSDE-26NOV2026/USDC (LLTV 91.5%) via adapter 0xa2f3…db9a increases from 10M USDC to 20M USDC (currently allocated 8.9M USDC)

CriticalExecutes in 2d 20hIncrease absolute cap

Etherscan

Status

Executes in 2d 20h

Queued → executable

Oct 16, 17:06 → Oct 19, 17:06 UTC

Can be vetoed by

2 addresses

At stake

$51.3M TVL · $20M max allocatable

Curator or 1 sentinel (0x77fc…9fbe) can call revoke(data) before 2026-10-19 17:06 UTC. Up to $20M could then be allocated there. Depositors can withdraw before it executes (instant liquidity $12.9M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Pendle Ecosystem USDCIncrease absolute capBefore10M USDC ($10M)After20M USDC ($20M)0x55c1…6f05

Pendle Ecosystem USDC: absolute cap on market PT-sUSDE-26NOV2026/USDC (LLTV 91.5%) via adapter 0xa2f3…db9a increases from 10M USDC to 20M USDC (currently allocated 8.9M USDC)

Raw transaction

increaseAbsoluteCap · tx 0x8932…dee5Show calldata ›

Queue tx: 0x893201b9ecff0637cefa4d175ef1b454d51649426e5e95a555315df07f6adee5
Contract: 0x55c1b6e461a6334b567baf0feb5d728715446f05

{
  "call": {
    "args": {
      "idData": "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",
      "newAbsoluteCap": "20000000000000"
    },
    "selector": "0xf6f98fd5",
    "signature": "increaseAbsoluteCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseAbsoluteCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9998841731061529
  },
  "capId": "0xb2c582f7a588ba40112fa64d3fd902576ecb72e9d7cd16ad15fc6af3791f2203",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0xa2f362079dbc570a6df5bd04ad91002d17c0db9a",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0xf8b29e7e9c00ce531434775f7923cc9fbca01b08",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0xb195b618ea52b77cb2a58846f452f59f8dfa9390"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0xf8b29e7e9c00ce531434775f7923cc9fbca01b08",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0xb195b618ea52b77cb2a58846f452f59f8dfa9390",
    "collateralSymbol": "PT-sUSDE-26NOV2026",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "8895411792093",
    "absoluteCap": "10000000000000",
    "relativeCap": "1000000000000000000"
  },
  "dataHash": "0xe7263f449037a0594824ea6c3a387e01fff00fced31f78435e26a5f884948c1a",
  "selector": "0xf6f98fd5",
  "marketExposureUsd": 8894381.46
}

All changes on Pendle Ecosystem USDC ›

Not investment advice. Severity marked AI is model-generated.