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Earn Spark Points on Pendle

The Pendle Campaign enabled users to earn Spark Points by holding YT-USDS tokens or by providing liquidity into the PT-USDS/USDS pool on Pendle.

Points Distribution

YT-USDS

Users earned Spark Points every day for each YT-USDS they were holding in their wallet.

Providing PT-USDS/USDS liquidity

Users earned Spark Points every day for each USDS (SY-USDS) that they were providing as liquidity in the Pendle pool.

Note: This means LPs were only earning Spark points on the USDS part of the liquidity position. However, this was in addition to any yield LPs may have earned from Pendle.

Campaign Duration

The Pendle Campaign ran from May 14 to August 12, 2025.

How to Participate

During the campaign, users could participate as follows:

  1. Navigate to app.spark.fi/points and connect your wallet.

Navigate to the points page, and connect wallet

  1. Optional: Use a referral code if you have one. Otherwise, skip this step by clicking “I don’t have an invite code”.

points-3.webp Insert referral code or skip

  1. Navigate to the Pendle pool by clicking “Buy” and acquire either YT-USDS tokens, or provide liquidity into the PT-USDS/USDS pool.

points-4.webp Navigate to the Pendle pool, and purchase YT-USDS or provide liquidity

  1. Points accrued immediately and could be tracked at app.spark.fi/points.

points-5.webp Overview of accrued points

  1. Users who invited friends with their referral code earned a share of the points those users earned. You can still track your position in the leaderboards at points.spark.fi

referral-1.webp Generate Referral Code