Yeah something must be wrong because I have the same and the only spot that has shown any wear is the very middle of the rest where the arrow sits on the rest... I would take it in for review by a pro shop.
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PSE Money Maker X, Sure-Lock w/ Viper Scope 4X, PSE Vibracheck Stabilizers, Bodoodle Timber Rattler Rest, STAN SX2 Release, and America's Best Bowstring. 
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Bear Charge, Trophy Ridge Sight, B-Stinger 10" Sport Hunter Xtreme Stabilizer, NAP Apache Rest, Tru-Fire Edge 4 Camo Release, and America's Best Bowstring.
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