Pendle
PENDLE
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Pendle price
in USD$5.047
+$0.292 (+6.14%)
USD
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Market cap
$849.22M #58
Circulating supply
168.83M / 281.53M
All-time high
$7.142
24h volume
$106.21M
3.7 / 5
About Pendle
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that specializes in yield tokenization, allowing users to trade and optimize yield-generating assets. The platform enables the separation of yield from the underlying asset, creating two distinct tokens: Principal Tokens (PT) for fixed yield and Yield Tokens (YT) for variable yield exposure. This innovative approach lets users lock in fixed returns or speculate on future yield rates, making it a versatile tool for both conservative and active investors. Pendle has gained significant traction in the DeFi space, with its Total Value Locked (TVL) surpassing $10 billion, driven by integrations with major protocols like Aave, Ethena, and Morpho. Its ecosystem continues to expand with new products like Boros, a platform for trading funding rates, further solidifying Pendle's role as a cornerstone of DeFi's yield economy.
AI-generated
Pendle’s price performance
Past year
--
--
3 months
+34.30%
$3.76
30 days
-10.90%
$5.66
7 days
+11.68%
$4.52
Pendle in the news
Almanak launched its alUSD stablecoin on Pendle today, offering a 1.25x multiplier on Almanak Points...
Ethena, Pendle, and Aave form a powerful DeFi yield engine. This article explores how they work together and how Hyperliquid could expand this system.
Pendle on socials
One thing to add here
For @Almanak__ alUSD,
- You can use your alUSD receipt (from depositing into the strategy) to get into @pendle_fi PT, YT, or LP strategies
- With alUSD LP ➔ you earn up to 30% APY + 1.25x Almanak points.
- With PT ➔ you earn 16% fixed APY (it went down from 21% earlier today)
- With YT ➔ you forego the yields but instead earn 59x Almanak points
For those who are new to Pendle, check this Pendle 101 guide out here:
[Make sure you understand the risks before deciding to get into any of these strategies]
0xJeff
Latest on yield opps
- @gizatechxyz launched swarm finance, an incentive layer for agents (this is like their own @turtledotxyz but for agents) — first opp is @pendle_fi agent offering ~13% on ETH
- @Almanak__ alUSD finally on Pendle — PT currently offering ~21% APY, LP & YT earn 1.25x additional multiplier on points. [Quite surprised implied yields is only 21%, there's clear gap for YT since actual yields is 33%]
- @USDai_Official USDai & sUSDai offering 20% & 18.7% respectively
- Other attractive opps @ethena_labs USDe at 17.5% @capmoney_ cUSD at 16.5%
This is literally the best time to make use of your idle capital.
Use your BTC, ETH, SOL, HYPE or your alts as collateral to borrow stables and put your stables in one of these strats.
Just saw the push of @SuiNetwork, the @Lombard_Finance LBTC on the Sui chain has exceeded 1,300 BTC, which I didn't expect, LBTC is so active on SUI.
Lombard really allows everyone to turn BTC from "lying in a wallet" to an asset that can be applied, and LBTC's TVL on Sui has exceeded $140 million.
Sui's growth during this period is also obvious, with a steady stream of millions of transactions per day, but the total fee is very low. In the same L1 and L2, the throughput and cost-efficiency ratio is very high.
Let's look at the whole chain level:
▪️ Number of holders: The total number of LBTC holders has exceeded 260,000, most of which are distributed on chains such as Ethereum, Sui, and Solana.
▪️ Usage: 80% of LBTC is used for DeFi farming and lending, rather than simply holding;
▪️TVL: The total lock-up value of full-chain LBTC exceeded $2 billion;
▪️ Integrated protocols: Connected to mainstream DeFi protocols such as Aave, Pendle, EigenLayer, and Suilend.
Overall, Sui and Lombard are amplifying each other's value: a low-cost, high-performance chain environment, and a real introduction of Bitcoin for circulation, 1+1 is greater than 2! 🤔
Guides
Find out how to buy Pendle
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Pendle’s prices
How much will Pendle be worth over the next few years? Check out the community's thoughts and make your predictions.
View Pendle’s price history
Track your Pendle’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Pendle on OKX Learn
How Pendle's Expansion into TradFi and DeFi Proposals is Reshaping Financial Markets
Introduction: Bridging DeFi and TradFi The financial industry is undergoing a transformative evolution as decentralized finance (DeFi) protocols like Pendle bridge the gap between traditional finance
PEPE, AAVE, and PENDLE: Top Insights on Meme Coins, Whale Activity, and DeFi Innovations
Introduction to PEPE, AAVE, and PENDLE The cryptocurrency market continues to evolve, with tokens like PEPE , AAVE , and PENDLE capturing significant attention due to their unique characteristics and
Pendle TVL Market: Key Milestones, Innovations, and Growth Projections You Need to Know
Introduction to the Pendle TVL Market The decentralized finance (DeFi) ecosystem has experienced explosive growth, and Pendle Finance is emerging as a transformative force in the fixed-income sector.
USDe, Pendle, and Aave: Unlocking DeFi Yield Strategies You Need to Know
Introduction to USDe, Pendle, and Aave in DeFi The decentralized finance (DeFi) ecosystem is undergoing rapid transformation, with protocols like Pendle, Aave, and yield-generating stablecoins such as
Trade a wide selection of crypto on OKX
Pendle FAQ
Currently, one Pendle is worth $5.047. 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.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$849.22M #58
Circulating supply
168.83M / 281.53M
All-time high
$7.142
24h volume
$106.21M
3.7 / 5