I use Pendle to increase my point exposure

Let’s take a scenario where you buy YT-USDe to maximize your exposure to Ethena Season 5 points.

Why monitoring matters

Holding YTs is an active strategy. Their value depends heavily on incentives, seasons, and off-chain announcements. Missing a key update can significantly impact your returns.

What Otomato watches for you

Otomato automatically detects and monitors your YT holdings and alerts you when something relevant happens:

Points and season updates

YT value depends heavily on incentives, seasons, and reward mechanics. These updates are typically announced on Twitter and can move markets within minutes.

Otomato's intelligence layer monitors the social accounts linked to your YT's underlying protocol (here, Ethena) and alerts you as soon as a post might impact your position's value.

Example notifications:

• Points multiplier change "Ethena reduced the YT points multiplier from 10x to 5x."

• End of season announced "Ethena announced the end of Season 5 to be on January 12th."

• New season announced "Ethena announced that Season 6 will distribute fewer rewards than Season 5."

• Claim conditions "Ethena announced that the points accumulated via YTs won't involve any vesting."

PT implied rate change

Because PT and YT are mechanically linked, changes in the PT implied rate directly affect the leverage of your YT position. When the implied rate drops, your YT becomes more leveraged. When it rises, your leverage decreases.

Otomato tracks these rate movements continuously and alerts you when it meaningfully shifts, so you can decide whether to close or reinforce your position.

Example notifications:

• "The PT-USDe implied rate dropped from 9.1% to 6.3%."

• "The PT-USDe implied rate increased from 7% to 10%."

Security incident

Like all other DeFi positions, YT positions are sensitive to protocol risks. Otomato surfaces security incidents as soon as credible signals appear so that you can react quickly.

Example notifications:

• "Potential security issue reported affecting Pendle. View source"

• "LookOnChain flagged unusual activity related to USDe. View source"

• "100B$ USDe just have been minted by Ethena."

Learn more

Learn how Otomato manages security-related alerts here.

Underlying depeg

If USDe depegs, your entire YT strategy is at risk. A stablecoin losing its peg can rapidly erode the value of both your underlying collateral and your yield expectations.

Otomato continuously monitors underlying asset prices and alerts you as soon as a meaningful deviation is detected.

Example notifications:

• "USDe is trading at 0.97."

YT maturity

Once a YT reaches maturity, it no longer accrues yield or incentives. Otomato sends you a reminder so you're aware the position is no longer active.

Example notifications:

• "Your YT-USDe position has expired."

Supply cap change

Supply caps directly affect how much capital can enter a PT or YT market. When caps are raised, new liquidity can flow in, which often impacts PT and YT pricing.

This applies to Pendle-specific caps, but also money market caps. If the PT-USDe cap is raised by $1B on AAVE and fills quickly, it creates substantial PT demand with little to no increase in YT demand. This supply shock can trigger repricing.

Otomato alerts you when caps change so you can anticipate market movements.

Example notifications:

• "The supply cap for PT-USDe on AAVE was increased by $1B."

• "Pendle increased the cap for PT-USDe-11Feb26 by $250M."

Limit orders

Otomato tracks your Pendle limit orders and alerts you as soon as it gets filled.

Example notifications:

• "Your limit order to buy YT-USDai-11Feb26 has been fully filled at an implied rate of 11.2%"

• "Your limit order to sell YT-USDe-28Dec25 was partially filled (62%) at an implied rate of 9.4%"

Time-sensitive claims

Protocols often set deadlines for claiming airdrops. Missing these windows means forfeiting rewards you've paid for.

Otomato tracks airdrop claiming deadlines and reminds you before they expire.

Example notifications:

• "You must claim your Ethena airdrop before July 27th."

Learn more:

Learn how Otomato ensures you never miss an airdrop you’re eligible for.

Improvements

We're continuously looking to add support for alerts the community is asking for. If you'd like us to add a new use case, reach out on telegram.