# PT-sw-ynETH-1743379491 on Ethereum · Spectra Fixed Rates

> This market matured on Mar 31, 2025. PT holders can redeem their PT for wETH; LPs can exit.

| Field | Value |
| --- | --- |
| Fixed APY (PT, small trade) | -0.28% |
| Implied APY | -0.24% |
| Variable APY (sw-ynETH) | n/a |
| LP APY | -0.07% |
| YT leverage | 188.2x |
| Maturity | Mar 31, 2025 (0 days) |
| Liquidity | $972 |
| TVL | $798 |
| Underlying | wETH |
| Interest-bearing token | sw-ynETH (YieldNest) |
| Network | Ethereum (chain id 1) |

## Links

- Fixed rate: https://app.spectra.finance/fixed-rate/eth:0x614e842ef4b9a1bbed7fba7a333a3959c0ee1161
- Liquidity: https://app.spectra.finance/pools/eth:0x614e842ef4b9a1bbed7fba7a333a3959c0ee1161
- Yield leverage: https://app.spectra.finance/trade-yield/eth:0x614e842ef4b9a1bbed7fba7a333a3959c0ee1161
- How fixed rates work: https://docs.spectra.finance/docs/spectra/guides/fixed-rate
- Risks: https://docs.spectra.finance/docs/spectra/security/risk-documentation

Fixed APY holds only if the PT is held to maturity, barring [negative yield](https://docs.spectra.finance/docs/spectra/security/risk-documentation#negative-yield-risk) in its yield source; selling earlier realises the market price. Information only, not financial advice.
