---
title: "Hold Pendle YT or LP of cbBTC from the SY Ember Hilbert BTC market"
description: "Earn rewards by depositing cbBTC into Pendle and holding the Yield or LP Token on Base"
canonical: "https://app.merkl.xyz/opportunities/1432481994789345200"
chain: "Base"
protocol: "Pendle"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
lastCampaignCreatedAt: 2026-09-17T09:11:43.000Z
generated: "2026-09-20T15:24:57.453Z"
---

# Hold Pendle YT or LP of cbBTC from the SY Ember Hilbert BTC market

## Back to

- [Opportunities index (HTML)](https://app.merkl.xyz/)
- [Base chain (markdown)](https://app.merkl.xyz/chains/base.md)
- [Pendle protocol (markdown)](https://app.merkl.xyz/protocols/pendle.md)

Earn rewards by depositing cbBTC into Pendle and holding the Yield or LP Token on Base

## Key metrics

- **Total Value Locked**: $52,638.08
- **APR**: 1.00%
- **Native APR**: —
- **Daily rewards**: $1.44
- **Live campaigns**: 1
- **Chain**: Base
- **Protocol**: Pendle
- **Protocol trusted**: Yes, verified by DefiLlama (https://defillama.com/protocol/pendle)

## Tokens

- [SY-hBTC](https://app.merkl.xyz/tokens/SY-hBTC.md)
- [cbBTC-scaled18](https://app.merkl.xyz/tokens/cbBTC-scaled18.md)

## Campaigns : page 1 of 1 (1 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [15881844…](https://app.merkl.xyz/opportunities/1432481994789345200/campaigns/15881844237632718221.md) | live | [hBTC](https://app.merkl.xyz/tokens/hBTC.md) | 1.00% | $1.44 | 2026-08-14 | 2026-10-15 |

## Participate

- [Deposit](https://app.pendle.finance/trade/markets/)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/1432481994789345200)
- [Base chain page](https://app.merkl.xyz/chains/base)
- [Pendle protocol page](https://app.merkl.xyz/protocols/pendle)