# RockawayX-Curated PT Vault Now Live on Lista

By [Lista DAO](https://blog.lista.org) · 2026-04-21

defi, pendle, lista, stablecoin

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We're excited to launch our first RockawayX-curated vault on Lista DAO - unlocking collateral utility for Pendle's Principal Tokens (PT). Depositors gain diversified stablecoin exposure from Ethena’s sUSDe (ETH & PLASMA), Paxos’ USDG, and Re’s reUSD, earning yield by lending against PTs.

**Why PT?** Pendle PTs trade at a discount and redeem 1:1 for their underlying at maturity, effectively a fixed-yield, zero-coupon bond on top of the most liquid yield-bearing assets in DeFi. Using PT as collateral lets you keep that locked-in yield while freeing up borrowing power.

The Vault
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Launching now are RockawayX-curated USDT vault that provides loan asset - USDT - to several lending markets that take PT tokens as collateral. These markets include:

**Collateral**

**Cap**

**LLTV**

PT-USDG-28May2026

5,000,000

94.50%

PT-sUSDe-ETH-7MAY2026

10,000,000

86.00%

PT-sUSDe-Plasma-18JUN2026

5,000,000

91.50%

PT-reUSD-25JUN2026

2,500,000

86.00%

**Why RockawayX Curation?** Every vault is underwritten by RockawayX's risk framework - evaluating underlying asset quality, Pendle AMM depth, oracle design, and time-to-maturity exposure. With their proven track record as a liquidity provider and a credit fund operator, RockawayX will bring their expertise to Lista, offering depositors steady yields.

At launch, Lista will direct emissions to RockawayX vault depositors with a total supply of $25,000 worth of $LISTA, $MOOLAH, and $屎壳郎 tokens. 

**Get started now →** [RockawayX vault](https://lista.org/lending/vault/bsc/0xb5a30e1fa2cf3c8dea882124b3ab5a47a27c5dd2?tab=vault&utm_source=blog&utm_medium=article&utm_campaign=announ)

About RockawayX
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RockawayX is a crypto-native firm operating across three pillars: Investments, Liquidity, and Infrastructure. As early seed backers of Solana with 100+ portfolio projects and $2B+ in assets, RockawayX has shaped multiple ecosystems from the ground up. On the liquidity side, the team is one of the most active on-chain LPs in DeFi, with $500M+ TVL deployed across 50+ protocols and 200+ assets assessed — the same underwriting rigor now applied to curated vault on Lista. A 45-person team spread across offices in London, Prague, and Dubai keeps a global pulse on market structure and emerging primitives.

Learn more at [rockawayx.com](http://rockawayx.com).

_Always DYOR. PT collateral carries smart-contract, oracle, and underlying-asset risks. Medium-to-high-risk vaults are suitable for sophisticated users only._

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*Originally published on [Lista DAO](https://blog.lista.org/rockawayx-curated-pt-vaults-now-live-on-lista)*