Pendle price
in USD$5.048
-$0.144 (-2.78%)
USD
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Market cap
$853.39M #67
Circulating supply
168.75M / 281.53M
All-time high
$7.142
24h volume
$50.56M
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
+28.34%
$3.93
30 days
-4.25%
$5.27
7 days
+9.12%
$4.63
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

Since everyone is getting involved in Falcon's buidlpad, I’ve compiled some key information discussed by everyone and compared the two projects, specifically the differences with the previous project @Lombard_Finance. After all, Lombard hasn't launched yet, so there’s a chance to get in before @FalconStable's TGE 👀
Given the current market conditions, everyone is already assuming that Falcon's TGE will exceed 1B, meaning there’s a potential for a 2-3x increase in the presale space, and even a 10x oversubscription is a profitable opportunity.
This time, Falcon is raising 4M, with a valuation of 350-450M, which varies based on the amount staked by users. This is also a new model for Buidlpad.
At the same time, Buidlpad has launched a new HODL model, allowing users to stake directly through Buidlpad to earn additional rewards, with a maximum of 60x points bonus.
KYC period: September 16 - September 19: Both Falcon and Buidlpad's KYC must be completed ⚠️
Deposit date: Ends on September 19, and you must stake at least 3000 USDf / sUSDf to participate and receive an investment quota.
Next is the previously introduced Lombard. Last time, $BARD raised 14x; I wonder how many times Falcon will achieve this time 🧐
With the same TGE unlock ratio (100%) and valuation as Lombard (450M), could Lombard become a dark horse? 👀
Recently, the biggest news for Lombard should be its ecological collaboration with MegaETH. On the first day after MegaETH's mainnet launch, LBTC will become a core asset within the ecosystem. Additionally, it has partnered with @DogeOS to bring liquidity into the Dogecoin ecosystem.
Due to the emergence of news related to the Doge ETF, ancient memes like $DOGE and $PEPE have finally started to rise, which is worth paying attention to.
The significant difference in discussion around the two projects can be attributed to:
1️⃣ The difference in sectors. This is very direct; Lombard, even though it is one of the leaders in the btcfi sector, has seen some decline in heat, slightly lagging behind projects like Falcon that focus on savings and stablecoins.
With epic projects like $WLFI and $XPL emerging, current traders who are not interested in playing the altcoin season tend to prefer putting their funds into projects like Falcon, backed by DWF's resources. DWF hasn't had a major performance in a while, so expectations are naturally higher.
However, in terms of timing, if Lombard rushes its TGE and performs well, I believe there is also a chance. Personally, I am optimistic about this collaboration with MegaETH.
2. Whether @pendle_fi has launched, providing other opportunities to earn returns.
Projects with high return ceilings must have gone through Pendle, which is also a good way to attract smart players.
3. Whether Kaito has launched or released its own yapper program, creating expectations that can bind participants' interests long-term.
This is also why everyone is eager to earn every badge in Falcon, combined with the current market recovery; it must be said that they have done quite well.


Many people ask what happens to HyperEVM when the incumbent DeFi protocols deploy without realizing the incumbents are already here:
>Morpho deployed, which Felix builds on top of
>Hyperlend friendly fork via Aave
>Hyperliquid perps as #1 perps exchange all time
>Pendle deployed with over $1bn TVL
>Bridged USDC at $5.5bn, Native USDC incoming
>Tether deployed via USDT0
What other incumbents are we waiting on? Uniswap?
Guides
Find out how to buy Pendle
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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
Pendle FAQ
Currently, one Pendle is worth $5.048. 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.
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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
$853.39M #67
Circulating supply
168.75M / 281.53M
All-time high
$7.142
24h volume
$50.56M
3.7 / 5

