
mStable
mStable is a stablecoin yield platform that efficiently stacks yield using Pendle on Ethereum.

What is mStable?
mStable is a stablecoin yield platform on Ethereum that stacks yield using Pendle. Relaunched in late 2025 with a focused single-product approach, mStable offers a Pendle Vault providing approximately 15% APY on stablecoin deposits. Users deposit stablecoins and receive mPT-sUSDe, a yield-bearing token. The platform is designed for simplicity — deposits compound automatically without manual position management. mStable uses contracts with multiple audits and over 4 years of battle testing, with security reviews from Sherlock, iosiro, and Trust Security.
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