Pendle price

in USD
$2.713
-- (--)
USD
Last updated on --.
Market cap
$454.61M #79
Circulating supply
168.19M / 281.53M
All-time high
$7.142
24h volume
$61.33M
Rating
3.7 / 5
PENDLEPENDLE
USDUSD

About Pendle

PENDLE is a revolutionary cryptocurrency that enables users to unlock and trade future yield from various assets in decentralized finance (DeFi). By utilizing Pendle’s unique yield tokenization system, investors can split assets into Principal Tokens (PTs) for fixed yield and Yield Tokens (YTs) for variable yield, providing unparalleled flexibility and composability. PENDLE supports diverse use cases, including passive income strategies, yield farming, and risk management, making it a cornerstone for stablecoin, liquid staking, and funding rate derivatives. Trusted by top DeFi protocols and integrated across leading ecosystems, PENDLE empowers users to maximize capital efficiency while participating in the growing decentralized yield market.
AI insights
RWA
CertiK
Last audit: Sep 26, 2022, (UTC+8)

Pendle issuer risk

Please take all and any precaution and be advised that this crypto-asset is classified as a high-risk crypto-asset. This crypto-asset lacks a clearly identifiable issuer or/and an established project team, which increases or may increase its susceptibility to significant market risks, including but not limited to extreme volatility, low liquidity, or/and the potential for market abuse or price manipulation. There is no absolute guarantee of the value, stability, or the ability to sell this crypto-asset at preferred or desired prices.

Disclaimer

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Pendle’s price performance

Past year
-45.12%
$4.94
3 months
-49.73%
$5.40
30 days
-44.32%
$4.87
7 days
-10.11%
$3.02
55%
Buying
Updated hourly.
More people are buying PENDLE than selling on OKX

Pendle on socials

Data Wolf 🐺
Data Wolf 🐺
Most analysts I know make these tables and dashboards to get a job (me too), but most of the time it's low-key theatrics to score an interview. Actually useful data products usually require some specificity in addressing a use case, and they can be quite diverse. If you argue to make dashboards for the common lending user, then the UI from the protocols is adequate, tbh. If you manage to find a small use case to help the average user, then as mentioned, it's a small niche. Very little eyeballs, or maybe it's not compelling enough as a job portfolio. A good example is like AAVE revenue dashboards. If you are yield farming, then who cares? The people who do are probably financial modelers (who then need Excel to make their models, but we already know CSV exports are PITA and expensive. Again, another deterrent). Then there are the people of AAVE themselves, which probably already have done it and/or used it internally. Yet another deterrent to do duplicative work. It's like saying, "Who are you as a freelancer that can possibly have the same knowledge, problem definition, and resources to address Facebook's data problem?" Chances are you can never really tackle it because you are not in it. This makes the average solo data analyst's data product be stuck in an odd place where it's neither consumed by normies nor bigger protocols. The only alpha here, as I've realized, is that you need to truly dig hard at what some problems the protocols face are and see yourself as competing against their internal data analysts, working on problems that they know but don't have the bandwidth to address. But the chance of this is low, and it's hard because you probably don't know their idea maze well enough. Top of my mind, the only protocol where you can flex your analytic skill is Pendle. TN has been remarkably transparent in sharing his fears and concerns, so you can have a data project that addresses this :3. This, coupled by most dashboard makers using off-chain data (APIs) and closed queries, means the velocity of work getting passed around drops too. Maybe I am wrong and am ranting, but this is just the state of the space now. I think people are jaded in general, and protocols are internalizing the data for themselves because the space is maturing.
ilemi
ilemi
Where did the data/dune wizard mafia go? In 2022 we would already have like five dashboards analyzing the liquidity sitting in each vault and market. Should be simple to have a query with the columns “vault”, “tvl”, “liquid balance (usdc/underlying token not in markets)” and another with the net flows of each vault, columns of “vault”, “holder/balance”, “7 day outflows”, “7 day inflows”
Snowball(抓住金狗版)🔶 BNB.edge 🦭
Snowball(抓住金狗版)🔶 BNB.edge 🦭
👍 @plumenetwork @plumeinchina The Nest flagship vault nBASIS will launch on November 5 on Pendle. This is the first time in Web3 that the combination of "regulated basis arbitrage + government bonds" has been split into tradable fixed/variable yield components. ➡️ For users: You can directly lock in a base annualized return of 6.4%-8.9% on the Ethereum mainnet. You can also use Pendle's YT leverage to seek higher returns and stack up to 10 times Nest points. 🙋 How to participate: 1. Users mint nBASIS (ERC-20, price ≈ $1.04) in Nest. 2. Deposit into Pendle. It will then be split into: - PT-nBASIS: Earn a fixed annual return of 6.4%-8.9%. - YT-nBASIS: Seek future expected returns + up to 10 times Nest points. 3. Through PT/YT trading or LP, users can earn: - Arbitrage: Buy discounted PT and wait for maturity to redeem at face value. - Leverage: Reclaim PT collateral and add to YT to amplify long returns. - Reward Farming: Hold or trade YT to earn additional Nest Points rewards. 🆚 I made a comparison. You can see that nBASIS is positioned above U.S. Treasuries and below synthetic dollars on the yield + risk curve. However, due to its split characteristics and additional incentive methods, it has a higher ceiling in terms of DeFi gameplay. I personally think it will soon experience explosive growth. ➡️ I believe the yield from stacking points could reach 20-30%. This yield rate is simply the best choice for large funds seeking stability. I personally think the earlier you participate, the better, as the first season will end in March. The earlier you enter, the more points you accumulate, and the more airdrops you will receive in the future.
Plume - RWAfi Chain
Plume - RWAfi Chain
The RWAfi ecosystem keeps expanding. @nBASIS from @NestCredit is live on @pendle_fi, bringing institutional yield and DeFi composability together on Plume.
Laolu🧙‍♂️
Laolu🧙‍♂️
The original fixed interest rate track is Pendle alive... Alas, the background is not the best, the data is not the best, but the team is the best!
撸毛小狗Ⓜ️Ⓜ️T
撸毛小狗Ⓜ️Ⓜ️T
The first DeFi protocol to officially shut down after the Balancer hack. @NotionalFinance An OG DeFi protocol from 2021, it innovatively introduced a fixed APR deposit mechanism.. At that time, it was quite impressive, with Pantera Capital and Coinbase leading a $10 million funding round. Then after the TGE, the TVL plummeted, and the token price dropped from a high of $20 to now $0.13. The day before yesterday, Balancer was hacked, and Notional had deposits in it. It was already in the ICU, equivalent to pulling the plug. The entire platform had 1600 ETH in deposits, losing 720 of them. The official announcement stated that the platform would be shutting down. There was no mention of compensation. (The platform's token circulating market value is only $600,000, so they can't afford to compensate.) It's truly disheartening. No one knows, today we see various projects that are thriving and in high demand, but in a few years, who knows if they will end up like this.

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Pendle FAQ

Currently, one Pendle is worth $2.713. For answers and insight into Pendle's price action, you're in the right place. Explore the latest Pendle charts and trade responsibly with OKX.
Cryptocurrencies, such as Pendle, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pendle have been created as well.
Check out our Pendle price prediction page to forecast future prices and determine your price targets.

Dive deeper into Pendle

Pendle is a yield-trading protocol that allows users to earn fixed or flexible yields.
Market cap
$454.61M #79
Circulating supply
168.19M / 281.53M
All-time high
$7.142
24h volume
$61.33M
Rating
3.7 / 5
PENDLEPENDLE
USDUSD
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