Pendle

Pendle
PENDLE
Contract address
0x8085...8da827
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$1.33
$0.0212(+1.59%)Today
Market cap
223.75m
Total volume (24h)
25.61m
Volume / Market cap
0.1145
Circulating supply
167.60m
Day range (24h)
$1.28$1.37
All-time low
$0.0338
All-time high
$7.50

About Pendle (PENDLE)

Pendle Protocol is a decentralized finance (DeFi) platform, launched in July 2021 by lead developers Josh and Tong. Pendle’s core focus is the tokenization and trading of yield from yield-bearing assets. Its native cryptocurrency is called PENDLE, an ERC-20 token that is compatible with the Ethereum ecosystem. 
To participate in the platform, you must lock up your PENDLE token(s) for a period of up to 24 months. You will then receive vePENDLE,  aka vote-escrowed PENDLE. 
Pendle Protocol offers incentives for holding vePENDLE, such as: increased yield with up to 250% rewards; a share of protocol fees and revenue; voting power—the longer your lock period the more power you have.
The main use case for PENDLE token are participating in governance, earning rewards, and paying platform fees. Holders of PENDLE are predominantly active DeFi traders and community-driven crypto enthusiasts.

Price history

Today (29 April 2026)$1.33+1.59%
24 hours ago (28 April 2026)$1.31+1.59%
1 week ago (22 April 2026)$1.35-1.20%
1 month ago (30 March 2026)$1.12+18.75%
1 year ago (29 April 2025)$3.37-60.48%

Calculator

PENDLE market moves

AI summary for information only. Not financial advice.


24h change: -0.84%. From $1.32 to $1.31.

  • Pendle shared its weekly print highlighting the distribution of 7.49 million CHIPS to sPENDLE holders from fees earned between April 7 and 20. This initiative aims to incentivize holding by sharing protocol revenue. It underscores Pendle's ongoing efforts to reward stakers amid stable TVL and yields.

24h change: +1.82%. From $1.29 to $1.31.

  • Pendle retired multi-year vePENDLE lockups and launched sPENDLE, a liquid staking token linked to protocol revenue. This upgrade shortens withdrawal times and enhances capital efficiency for users. It follows Pendle's strong performance with billions in TVL processed.
  • Pendle offers fixed yields from RWA like AVLT at 19.62% APY maturing May 2026 and apyUSD at 15.54% APY. Pools such as apxUSD see strong activity with over $4 million in 24-hour volume. These provide stable returns from tokenized real-world assets amid DeFi demand.

24h change: +3.75%. From $1.27 to $1.32.

  • Pendle's TVL dropped 20% to $1.41 billion, led by declines on Ethereum at $894 million and other chains like Arbitrum and Base. Fees increased 119% to $17,704 in 24 hours, showing sustained activity. Active addresses stood at 514 with 899 transactions.
  • Pendle's price increased 16.63% in recent 24 hours alongside a 103% surge in trading volume. This reflects heightened market interest in the yield trading protocol. Current price stabilizes near $1.28 after the move.

24h change: +4.47%. From $1.27 to $1.33.

  • Pendle's TVL dropped 20% to $1.41 billion, led by declines on Ethereum at $894 million and other chains like Arbitrum and Base. Fees increased 119% to $17,704 in 24 hours, showing sustained activity. Active addresses stood at 514 with 899 transactions.
  • Pendle's price increased 16.63% in recent 24 hours alongside a 103% surge in trading volume. This reflects heightened market interest in the yield trading protocol. Current price stabilizes near $1.28 after the move.

24h change: +3.09%. From $1.27 to $1.31.

  • Pendle's TVL dropped 20% to $1.41 billion, led by declines on Ethereum at $894 million and other chains like Arbitrum and Base. Fees increased 119% to $17,704 in 24 hours, showing sustained activity. Active addresses stood at 514 with 899 transactions.
  • Pendle's price increased 16.63% in recent 24 hours alongside a 103% surge in trading volume. This reflects heightened market interest in the yield trading protocol. Current price stabilizes near $1.28 after the move.

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