Pendle
PENDLE
About
Performance
News
Socials
Guides
Learn
Explore
FAQ
Pendle price
in USD$4.694
-$0.148 (-3.06%)
USD
We can’t find that one.
Check your spelling or try another.
Check your spelling or try another.
Market cap
$794.81M #67
Circulating supply
169.36M / 281.53M
All-time high
$7.142
24h volume
$98.30M
3.7 / 5
About Pendle
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that specializes in yield tokenization, allowing users to trade and optimize future yield opportunities. It works by splitting yield-bearing assets into two components: Principal Tokens (PT), which represent the underlying asset's value at maturity, and Yield Tokens (YT), which give holders the right to future yield. This innovative approach enables users to lock in fixed yields, speculate on future interest rates, or leverage their positions for higher returns. Pendle has become a cornerstone of DeFi, supporting a wide range of assets like stablecoins, liquid staking tokens, and real-world assets (RWAs), making it a versatile tool for both passive income seekers and active yield traders.
AI-generated
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
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.
Pendle’s price performance
Past year
--
--
3 months
+7.12%
$4.38
30 days
-15.03%
$5.52
7 days
+3.87%
$4.52
Pendle on socials
we are entering the real altseason phase
The ghost month is turning green, meaning that traders are getting back to their desks from sunny Europe.
stocks, $BTC, real estate, and gold are all at ATH, yet there is no euphoria in the markets.
The real FOMO giga pump is still coming, and many who sold too early will buy the top of the top and lose again.
USD is getting weaker, that's why assets may appear "more expensive" than they are in real terms.
What I am holding:
▶︎ $PENDLE
▶︎ $ENA
▶︎ $XPL
▶︎ $PLUME
I am betting on yield, stablecoins, payments, and RWAs
I don't care if we dip or grow; I am holding them for the long term.
may the bull market gods let us win
Update to my @pendle_fi x @boros_fi trading series
On the 5th we saw some wild spikes on rates. I took advantage here and exited my longs.
- The move was super fast, looked like a few players were longing and causing the increase in price
- Funding rates were flipping positive again but usually implied rates take a little while longer to price in, it just felt a little too fast for me
- High 7's is good enough risk wise to exit or at least begin exiting. I personally felt better to just de-risk.
Managed to take a screenshot below to show what my position looked like at the time.
Fortunately I did close because this went all the way back down as funding rates went from -10%, to 10%, then back to -8% all within a couple hours.
Since then prices have been up-trending slowly although I've been on the sidelines now sitting flat on ETH.
If there is anything for me to trade atm, it'll be shorting BTC rates in the mid to high 7's.
Until then I'll be waiting for a better trade opportunity - Hyperliquid markets will certainly add to the vol and fun.
Wajahat Mughal
Made a mistake today
Another update to my @pendle_fi trading series on @boros_fi
I closed my short ETH rate and flipped long
- I thought we're close to a bottom. Historically, funding doesn't go negative on ETH for long periods of time.
- Down only on ETH had been too easy and I thought shorts would start closing in general, especially as implied rates hit 5-6%
- Assuming some bounce back to the mid 6's, I thought I could hit a nice scalp with a reversion trade essentially even though I'm paying net funding to keep positions open
What I didn't expect was Binance funding rates to go to -5% and even for a short time period, -10%.
Had I kept my original ETH short, I would've continued to print so hard over the last couple days due to the funding spread.
I then opened a short on the 2nd market since there was a spread in my favour and I expect that gap to close a bit with time + also hedges me a little until Binance funding normalises somewhat.
That should explain why I have 2 opposite positions open from 2 different markets.
Plan now is to keep these positions and close if there's any further drop in funding.
Keen to hear what you think/what would you do if you were in my position here?
Is DeFi on @avax booming again in 2021 style?👀
With +$30M TVL, @aegis_im just expanded to Avax chain.🔻
Their product -> YUSD is a Bitcoin-backed stablecoin that earns yield from basis.
(long spot/short perp)
They have one of the highest APY on Pendle where 1 PT-sYUSD earns you 14,44% fixed APY.
With the expansion to AVAX, users can provide liquidity to earn:
✅ Swap fees
✅ 5x Aegis points
✅ $AVAX incentives
YUSD/USDC on @LFJ_gg offers up to 60% APR in AVAX rewards.📊
More details below.👇
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
Diversify your portfolio with over 60 euro trading pairs available on OKX
Pendle FAQ
Currently, one Pendle is worth $4.694. 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.
ESG Disclosure
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
$794.81M #67
Circulating supply
169.36M / 281.53M
All-time high
$7.142
24h volume
$98.30M
3.7 / 5