Pulse revolutionizes yield trading by separating principal and yield components, enabling sophisticated strategies previously unavailable on Cardano.
Deposit your ADA staking rewards, liquidity provider tokens, or other yield-generating assets into Pulse protocol.
Your assets are automatically split into Principal Tokens (PT) and Yield Tokens (YT), giving you flexible exposure to both components.
Trade your PT and YT tokens independently. Sell future yield upfront, or buy discounted yield from others.
Optimize your strategy by trading, holding, or combining positions to amplify yields or hedge against rate changes.
Stake 1000 ADA earning 5% APY. Pulse splits this into:
Represents your 1000 ADA principal, redeemable at maturity
Represents future 50 ADA yield, tradeable before maturity
Advanced DeFi primitives designed for sophisticated yield strategies on Cardano's secure and sustainable blockchain.
Buy and sell future yield tokens to lock in rates or speculate on yield movements.
Maximize returns by leveraging yield positions or using principal tokens as collateral.
Lock in guaranteed yields by selling your yield tokens upfront for immediate liquidity.
Amplify yield exposure by purchasing additional yield tokens from other users.
Your assets remain under your control with smart contract security on Cardano.
Built with input from Cardano DeFi community and backed by experienced developers.
Join the next generation of DeFi on Cardano with Pulse protocol.