The APY for sUSDf and hwHLP's PT assets is now 17%! Currently, their circulating loan borrowing APY is around 12%, which means the interest spread is only 5%, and the profits from circulating loans are not substantial (around 33%). However, you can hold onto PT to enjoy the 17% APY. Additionally, the borrowing rate shouldn't last long; if it drops to around 6%, there will be a 50% APY. The rise in borrowing rates is likely related to Binance's 10% subsidy activity for USDC. Note: The above is for informational sharing only and is not investment advice. Please do your own research! DeFi Enthusiast: BitHappy