slpETH is a token deployed at 0x3976d71e7ddfbab9bd120ec281b7d35fa0f28528 on Base. While it shows no activity in Aerodrome pools or Base-native vote markets, it is actively utilized as an underlying asset in a Pendle market on Ethereum mainnet. That market matures on September 25, 2025, carries roughly $566,000 in total value locked, and currently implies an annualized yield of approximately 20.6%.
Public metadata for slpETH—including its official name, decimal precision, and current USD price—is not available in the provided dataset. The token’s naming convention and its presence in a Pendle yield-splitting market suggest it may function as a yield-bearing ETH derivative or liquid staking instrument, but its exact issuer and core utility remain unverified.
LP operators should note that slpETH currently lacks visible liquidity or governance participation on Base itself. Its primary on-chain footprint is tied to Pendle’s yield tokenization mechanics on Ethereum, meaning any Base-based exposure would likely rely on cross-chain bridges or wrapped representations rather than native protocol integration.