# Exiting/Selling YTs

As with PTs, as rates fluctuate, active market participants require the ability to fluidly move in and out of YT positions. To facilitate this market participation, Swivel provides the ability to exit/sell YTs on our orderbook. 

Selling YTs to an initiating counterparty:

**Bob has 1000 ytUSDC.**\
**Bob fills Charlie's order for 1000 ytUSDC, and in return receives 50 USDC.**\
**This leaves Bob with 50 USDC + any accrued interest.**

![Selling YTs to an initiating YT counterparty](/files/9Op3eFjCZqdypv6TnuUr)

YTs can also be sold to counterparties redeeming their PTs early:

**Bob has 1000 ytUSDC.**\
**Bob fills Alice's order, selling Alice 1000 ytTokens.**\
**Alice redeems 1000 ptUSDC + 1000 ytUSDC for 1000 USDC and then pays Bob 50 USDC.**\
**This leaves Bob with 50 USDC + any accrued interest.**

![Selling YTs to an exiting PT counterparty](/files/soONQtc1ThEFWIesjt0V)


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