Price Data
Analysis
Trade
Market Cap
All-Time High
All-Time Low
Fully Diluted Valuation
Circulating Supply
Total Supply
Categories
Performance since ICO
Currency | USD | BTC | ETH |
---|---|---|---|
ROI | 333% | 145% | 319% |
Pendle Protocol
Pendle is a yield-trading protocol primarily built on Ethereum, with additional deployments on Arbitrum, BNB Chain, and Avalanche(check our Avalanche ecosystem screener). It enables users to:
- Trade yield on yield-bearing assets
- Earn fixed yield or gain yield exposure
- Tokenize ownership of yield-bearing assets
Recent Video Interview
Main points of the interview:
- Pendle as a platform for trading the earnings (yield) of an asset.
- Pendle was inspired by the high APYs during DeFi summer 2020, leading to the creation of a solution to lock in yield.
- The protocol's success in 2023 is attributed to iterative product improvements, strategic partnerships, and capturing market trends like liquid staking.
Key Features:
-
Yield Tokenization:
- Wraps yield-bearing tokens into Standardized Yield (SY) tokens
- Splits SY into Principal Tokens (PT) and Yield Tokens (YT)
-
Pendle AMM:
- Facilitates trading of PT and YT
-
Advanced Yield Strategies:
- Fixed yield earning
- Long yield positions
- Enhanced yield without additional risk
- Customizable strategy combinations
Tokenomics:
- Native Token: PENDLE
- Total Supply: 251,061,124 PENDLE
- Use Cases:
- Governance
- Staking for vePENDLE (boosted rewards)
- Protocol fee sharing
Token Distribution and Unlock Schedule:
- Team & Advisors: 20% (50,212,225 PENDLE)
- 1-year cliff, then linear unlock over 3 years
- Investors: 21.5% (53,978,141 PENDLE)
- 1-year cliff, then linear unlock over 2 years
- Community: 58.5% (146,870,758 PENDLE)
- Includes liquidity mining, ecosystem fund, and treasury
- Various unlock schedules depending on allocation purpose
Pendle aims to bring TradFi interest derivative concepts to DeFi, creating a robust yield market and unlocking new possibilities for yield management across multiple blockchain networks.
Pendle Price Analysis
As of February 22 2025 Pendle has a marketcap of $583,815,333.00. This is 54.544% from its all time high of $7.50. In terms of its tokenomics, there's a total supply of 258,446,028.245 with 63.47% currently outstanding. Keep in mind Pendle has a fully diluted value of $919,853,440.00 which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
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PENDLE Markets
Exchange | Pair | 24h volume |
---|---|---|
PENDLE / USDT | $9,641,268.00 | |
PENDLE / USDT | $6,334,780.00 | |
PENDLE / USDT | $5,391,339.00 | |
PENDLE / USDT | $5,350,559.00 | |
PENDLE / USDT | $4,469,500.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X82AF49447D8A07E3BD95BD0D56F35241523FBAB1 | $3,201,326.00 | |
PENDLE / USDT | $2,567,199.00 | |
PENDLE / USDT | $2,329,788.00 | |
PENDLE / USDT | $2,203,097.00 | |
PENDLE / USDT | $1,828,229.00 | |
PENDLE / USDT | $1,569,070.00 | |
PENDLE / USDT | $1,423,303.00 | |
PENDLE / USDT | $1,379,496.00 | |
PENDLE / USDT | $1,302,164.00 | |
PENDLE / USDT | $1,185,433.00 | |
PENDLE / USDT | $1,164,802.00 | |
PENDLE / USDT | $1,098,584.00 | |
PENDLE / USDT | $1,092,024.00 | |
PENDLE / EUR | $932,715.00 | |
PENDLE / USDT | $902,770.00 | |
0X808507121B80C02388FAD14726482E061B8DA827 / 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 | $875,291.00 | |
PENDLE / USDT | $872,947.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XFD086BC7CD5C481DCC9C85EBE478A1C0B69FCBB9 | $851,222.00 | |
PENDLE / USDC | $817,327.00 | |
PENDLE / USDT | $761,705.00 | |
PENDLE / USDT | $641,223.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XAF88D065E77C8CC2239327C5EDB3A432268E5831 | $616,315.00 | |
PENDLE / USDT | $583,904.00 | |
PENDLE / USDT | $491,446.00 | |
0X808507121B80C02388FAD14726482E061B8DA827 / 0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $409,499.00 | |
PENDLE / USDT | $381,569.00 | |
PENDLE / USDT | $326,099.00 | |
Camelot V3 | 0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X82AF49447D8A07E3BD95BD0D56F35241523FBAB1 | $314,856.00 |
PENDLE / USDT | $302,643.00 | |
0XA99F6E6785DA0F5D6FB42495FE424BCE029EEB3E / 0X4200000000000000000000000000000000000006 | $295,343.00 | |
PENDLE / USDT | $288,350.00 | |
PENDLE / USDT | $279,117.00 | |
PENDLE / TRY | $259,957.00 | |
PENDLE / USDT | $258,883.00 | |
PENDLE / USDT | $225,809.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X82AF49447D8A07E3BD95BD0D56F35241523FBAB1 | $209,816.00 | |
PENDLE / USDT | $208,478.00 | |
PENDLE / USDT | $180,205.00 | |
PENDLE / USDT | $178,486.00 | |
PENDLE / FDUSD | $172,505.00 | |
PENDLE / USDT | $166,039.00 | |
Balancer V2 | 0X808507121B80C02388FAD14726482E061B8DA827 / 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 | $159,844.00 |
PENDLE / SGD | $155,767.00 | |
PENDLE / USD | $155,639.00 | |
PENDLE / USDT | $145,228.00 | |
PENDLE / USDT | $138,823.00 | |
0XB3ED0A426155B79B898849803E3B36552F7ED507 / 0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C | $128,954.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XAF88D065E77C8CC2239327C5EDB3A432268E5831 | $124,930.00 | |
PENDLE / USDT | $121,523.00 | |
PENDLE / USDT | $120,959.00 | |
PENDLE / TRY | $112,970.00 | |
PENDLE / USD | $111,705.00 | |
PENDLE / USDT | $109,568.00 | |
PENDLE / USDC | $89,741.00 | |
Mercado Bitcoin | PENDLE / BRL | $68,069.00 |
PENDLE / USDT | $66,215.00 | |
PENDLE / USDT | $65,078.00 | |
PENDLE / BTC | $53,910.00 | |
PENDLE / USD | $49,399.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XFD086BC7CD5C481DCC9C85EBE478A1C0B69FCBB9 | $35,868.00 | |
0XB3ED0A426155B79B898849803E3B36552F7ED507 / 0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C | $34,945.00 | |
PENDLE / USDT | $34,285.00 | |
PENDLE / USDT | $29,126.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XB688BA096B7BB75D7841E47163CD12D18B36A5BF | $28,676.00 | |
PENDLE / EUR | $28,500.00 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X82AF49447D8A07E3BD95BD0D56F35241523FBAB1 | $27,245.00 | |
PENDLE / USDT | $21,196.00 | |
PENDLE / USDT | $21,057.00 | |
Camelot V3 | 0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X2AC2B254BC18CD4999F64773A966E4F4869C34EE | $17,093.24 |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XFD086BC7CD5C481DCC9C85EBE478A1C0B69FCBB9 | $14,900.25 | |
PENDLE / USDT | $12,905.83 | |
0XB3ED0A426155B79B898849803E3B36552F7ED507 / 0X2170ED0880AC9A755FD29B2688956BD959F933F8 | $12,718.24 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XAF88D065E77C8CC2239327C5EDB3A432268E5831 | $11,366.97 | |
PENDLE / EUR | $7,762.96 | |
PENDLE / USDC | $5,302.43 | |
0X808507121B80C02388FAD14726482E061B8DA827 / 0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 | $4,846.57 | |
PENDLE / BRL | $4,637.31 | |
PENDLE / BTC | $3,332.20 | |
PENDLE / USDC | $3,249.72 | |
PENDLE / IDR | $3,082.05 | |
Balancer V2 | 0X22FC5A29BD3D6CCE19A06F844019FD506FCE4455 / 0X808507121B80C02388FAD14726482E061B8DA827 | $2,883.38 |
PENDLE / TRY | $2,757.96 | |
PENDLE / USDT | $2,605.70 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0X35CA1E5A9B1C09FA542FA18D1BA4D61C8EDFF852 | $1,756.58 | |
PENDLE / USDC | $1,713.19 | |
PENDLE / PHP | $1,608.23 | |
0XBC7B1FF1C6989F006A1185318ED4E7B5796E66E1 / 0X1F32B1C2345538C0C6F582FCB022739C4A194EBB | $951.88 | |
PENDLE / USDC | $872.48 | |
0X0C880F6761F1AF8D9AA9C466984B80DAB9A8C9E8 / 0XFF970A61A04B1CA14834A43F5DE4533EBDDB5CC8 | $494.14 | |
PENDLE / USDT | $24.37 | |
PENDLE / USD | $18.08 | |
PENDLE_USDT | ||
PENDLEUSDT | ||
PENDLEUSDT | ||
PENDLE-USD | ||
Bitmart | PENDLEUSDT | |
KCEX | PENDLE_USDT | |
PENDLE-USDT-PERPETUAL | ||
PENDLE-SWAP-USDT | ||
PENDLEUSDT_UMCBL | ||
PENDLE_USDT | ||
PENDLE-PERPUSDT | ||
PENDLE-USDT | ||
PENDLEUSDTM | ||
PENDLE-USDT | ||
PENDLE_USDT | ||
PENDLE-USDT | ||
PENDLE_USDT | ||
PENDLEUSDT | ||
PENDLE-USD-PERP | ||
PENDLE-PERP | ||
PENDLE-PERP | ||
PENDLE-USDT.PERP | ||
PENDLE-PERP | ||
PENDLE-USDT | ||
PF_PENDLEUSD | ||
PERP_PENDLE_USDT | ||
PENDLEUSD-PERP | ||
PENDLE-USD | ||
PENDLEUSDT | ||
Orderly (Derivatives) | PENDLE-PERP | |
PENDLE-PERPUSDT | ||
PENDLE-USD | ||
PENDLE_PERP.USD | ||
PENDLE_USDT | ||
PENDLE_PERP | ||
PENDLE-USDT | ||
PENDLE-USD | ||
Polynomial Trade | SPENDLEPERP |