USD3 is the senior tranche of 3Jane's onchain credit pool, backed by uncollateralized USDC credit lines to qualified cryptonatives and short-duration receivables purchased from U.S. fintech lenders. PT-USD3 is a Pendle Principal Token representing a fixed-yield position on USD3, maturing 17 Dec 2026.
This is a max-APY yield loop: PT-USD3 is supplied as collateral and USDC is borrowed against it on Morpho, then recycled back into PT-USD3 to multiply the underlying Uncollateralized Credit yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.
Live APY, leverage multiplier and available liquidity are shown in the app.