---
title: "Hold Pendle YT or LP of wBTC from the SY Dialetic BTC market"
description: "Earn rewards by depositing wBTC into Pendle and holding the Yield or LP Token on Ethereum"
canonical: "https://app.merkl.xyz/opportunities/2523068288523330300"
chain: "Ethereum"
protocol: "Pendle"
type: "ERC20LOGPROCESSOR"
page: 1
items: 25
totalPages: 1
updated: 2026-05-07T13:02:45.000Z
---

# Hold Pendle YT or LP of wBTC from the SY Dialetic BTC market

## Back to

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

Earn rewards by depositing wBTC into Pendle and holding the Yield or LP Token on Ethereum

## Key metrics

- **Total Value Locked**: $96.89
- **APR**: 0.00%
- **Native APR**: —
- **Daily rewards**: $0
- **Live campaigns**: 1
- **Chain**: Ethereum
- **Protocol**: Pendle
- **Protocol trusted**: Yes — verified by DefiLlama (https://defillama.com/protocol/pendle)

## Tokens

- [wBTC](https://app.merkl.xyz/tokens/wBTC.md)
- [SY-DBIT](https://app.merkl.xyz/tokens/SY-DBIT.md)

## Campaigns — page 1 of 1 (5 total)

| Campaign | Status | Reward | APR | Daily $ | Start | End |
| --- | --- | --- | --- | --- | --- | --- |
| [15847311…](https://app.merkl.xyz/opportunities/2523068288523330300/campaigns/15847311896938460853.md) | live | [makina-points](https://app.merkl.xyz/tokens/makina-points.md) | 0.00% | $12.14 | 2026-05-07 | 2026-11-06 |
| [43581587…](https://app.merkl.xyz/opportunities/2523068288523330300/campaigns/4358158772997478789.md) | past | [makina-points](https://app.merkl.xyz/tokens/makina-points.md) | 0.00% | $0 | 2026-01-29 | 2026-05-07 |
| [0x6d8b44…](https://app.merkl.xyz/opportunities/2523068288523330300/campaigns/0x6d8b44601a712da94a076b164d66a9af773960c952ea0cb21363715f6581ad8a.md) | past | [makina-points](https://app.merkl.xyz/tokens/makina-points.md) | 0.00% | $0 | 2026-01-29 | 2026-04-23 |
| [64209745…](https://app.merkl.xyz/opportunities/2523068288523330300/campaigns/6420974504056628157.md) | past | [makina-points](https://app.merkl.xyz/tokens/makina-points.md) | 0.00% | $0 | 2025-10-27 | 2026-01-29 |
| [0xefa29d…](https://app.merkl.xyz/opportunities/2523068288523330300/campaigns/0xefa29d2b3cf777f046e7d9bef2b2f31c82858b285f1dbf23217369c0c7dc91ce.md) | past | [makina-points](https://app.merkl.xyz/tokens/makina-points.md) | 0.00% | $0 | 2025-11-06 | 2026-01-29 |

## Participate

- [Deposit](https://app.pendle.finance/trade/pools/0x9a4e45841ddb012f1946372e8bd9d65bb17a7768/zap/in?chain=ethereum)

## Links

- [Open in Merkl App (HTML)](https://app.merkl.xyz/opportunities/2523068288523330300)
- [Ethereum chain page](https://app.merkl.xyz/chains/ethereum)
- [Pendle protocol page](https://app.merkl.xyz/protocols/pendle)