
Pendle PENDLEPrice $ 3.19
Rank: 123
PENDLE Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Pendle (PENDLE) Chart
PENDLE to USD Converter

IDO
28 Apr 2021 — 28 Apr 2021
Raised
$ 11.83M
Price:
$ 0.797
ROI:
4x +299.7%
Platform:
N/A
ATH ROI:
9.44x +844.2%
PENDLE Price Statistics
Market Cap
$ 514.69M
FDV
$ 897.39M
ATH Market Cap
$ 1.19B
Vol. (24h) / MCap
0.195
Max Supply
PENDLE 281,527,448
Total Supply
PENDLE 281,527,448
Circulating Supply
PENDLE 161.47M
(57.4% of Max Supply)
IDO ROI
4.00x
IDO Price
$ 0.797
28 Apr 2021
All Time High
$ 7.53
11 Apr 2024
All Time Low
$ 0.0336
14 Nov 2022
From ATH
From ATL










What is Pendle (PENDLE)?
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies.
There are 3 main parts to fully understand Pendle:
Yield Tokenization
First, Pendle wrap yield-bearing tokens into SY(standardized yield tokens), which is a wrapped version of the underlying yield-bearing token that is compatible with the Pendle AMM (e.g. stETH → SY-stETH). SY is then split into its principal and yield components, PT (principal token) and YT (yield token) respectively, this process is termed as yield-tokenization, where the yield is tokenized into a separate token.
Pendle AMM
Both PT and YT can be traded via Pendle’s AMM. Even though this is the core engine of Pendle, understanding of the AMM is not required to trade PT and YT.
vePENDLE
As a yield derivative protocol, we are bringing the TradFi interest derivative market into DeFi, making it accessible to all.
By creating a yield market in DeFi, Pendle unlocks the full potential of yield, enabling users to execute advanced yield strategies, such as:
Fixed yield (e.g. earn fixed yield on stETH)
Long yield (e.g. bet on stETH yield going up by purchasing more yield)
Earn more yield without additional risks (e.g. provide liquidity with your stETH)
A mix of any of the above strategies
Pendle Price Today
Pendle's current price is $ 3.19, it has increased +1.39% over the past 24 hours.
Pendle's All Time High (ATH) of $ 7.53 was reached on 11 Apr 2024, and is currently -57.7% down.
The current circulating supply of Pendle is 161.47 Million tokens, and the maximum supply of Pendle is 281.53 Million.
Pendle’s 24 hour trading volume is $ 99.75 Million.
Pendle's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 514.43 Million.
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