Pendle

Name: Pendle
Brand: Cryptocurrency
SKU: PENDLE
Price: 1.11 USD
Availability: InStock

PENDLE

0x8085...8da827

BUY PENDLE

$1.11

$0.0612(+5.51%)Today

Market cap

184.59M

Total volume (24h)

23.31M

Volume / Market cap

0.1263

Circulating supply

166.84M

Day range (24h)

$1.04$1.11

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.

HOW TO BUY PENDLE

Price history

Today (April 15, 2026)	$1.11	+5.51%
24 hours ago (April 14, 2026)	$1.05	+5.51%
1 week ago (April 8, 2026)	$1.03	+7.46%
1 month ago (March 16, 2026)	$1.38	-19.58%
1 year ago (April 15, 2025)	$3.04	-63.44%

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PENDLE market moves

AI summary for information only. Not financial advice.

24h change: -3.00%. From $1.09 to $1.05.

Pendle introduced fixed yield markets for Saturn's USDat and sUSDat backed by tokenized credit STRC maturing August 2026, and Strata's srmHYPER and jrmHYPER in July 2026. These pools enable users to fix rates and earn points boosts on Pendle. The additions strengthen Pendle's position in RWA yield trading amid high protocol TVL.
Grayscale narrowed its Q2 2026 assets list but kept PENDLE in the Financials category after dropping consumer projects. This reflects institutional recognition of Pendle's fixed yield infrastructure. Potential inclusion could boost liquidity and adoption.
Boros reopened WTIOIL and BRENTOIL markets with 0.4x max leverage and LO incentives up to 1000% APR. Weekend oil longs saw high rewards from negative funding flips. This expands Pendle's rates trading capabilities.

April 14, 2026

24h change: +2.65%. From $1.06 to $1.09.

Grayscale Investments added PENDLE to its Q2 2026 list of digital assets under review for potential investment products. This update highlights growing institutional interest in DeFi yield protocols. The list spans multiple crypto sectors and was trimmed from 36 to 30 assets.
Pendle retired its vePENDLE multi-year lockups and introduced sPENDLE, a liquid staking token with protocol buybacks and a 14-day withdrawal period. This upgrade aims to improve token utility and reduce long-term locking requirements. The platform maintains over $3 billion in locked tokens.
Pendle's total value locked fell 45% in a week to $3.5 billion as key yield markets mature. Revenue has also declined from peaks amid weaker DeFi conditions. The protocol remains a leader with $1.75 billion TVL across multiple chains.

April 14, 2026

24h change: -1.86%. From $1.08 to $1.06.

Grayscale Investments released its Q2 2026 assets under consideration, trimming the list to 30 while retaining PENDLE in the Financials category alongside DeFi leaders. This move highlights institutional acknowledgment of Pendle's role in fixed yield trading and onchain financial infrastructure. The protocol's TVL exceeds $1.7 billion, supporting its position.
Pendle overhauled its tokenomics by launching sPENDLE, replacing vePENDLE's multi-year locks with liquid staking and revenue-driven rewards. This aims to boost liquidity and align incentives with protocol revenue. The change supports Pendle's scaling as a leading yield trading platform.

April 13, 2026

24h change: +1.62%. From $1.06 to $1.08.

Grayscale published its Q2 2026 assets under consideration list which includes PENDLE among more than 30 tokens across sectors like smart contracts and AI. This step indicates potential institutional interest in Pendle's yield trading infrastructure. Past listings have led to new investment products for selected assets.
Pendle replaced vePENDLE multi-year lockups with sPENDLE liquid staking featuring protocol revenue buybacks and a 14-day withdrawal period. The upgrade enhances token utility and aligns incentives with protocol performance. It launched in January 2026 to scale the DeFi yield platform.

April 11, 2026

24h change: +2.78%. From $1.03 to $1.06.

Pendle retires its vePENDLE multi-year lockup model in favor of sPENDLE, a liquid staking token with faster withdrawals. This upgrade improves capital efficiency and user accessibility for yield trading. The protocol, with TVL over $3 billion at announcement, aims to attract more participants amid DeFi growth.

April 10, 2026

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MetaMask automatically displays popular tokens like Pendle（PENDLE）within your wallet. If you are not seeing your PENDLE in MetaMask, you can manually add it using the "Add to MetaMask" button above, over the price chart. Please remember that you first need to install MetaMask extension if you are on a PC or Mac (desktop computer). If you are on mobile, please check out our MetaMask Support guide here for more info.
You can buy Pendle (PENDLE) directly in your MetaMask wallet in seconds. MetaMask supports credit cards, debit cards, bank transfers, Apple Pay, Google Pay, PayPal, and local payment options based on your country or region worldwide, including the US, UK, EU, Türkiye, Japan, Korea, Venezuela, India, China, Taiwan, Brazil, Nigeria and more. This approach lets you skip extra steps and centralized exchanges, save on fees, and add Pendle (PENDLE) instantly and securely to your wallet.
You can swap Pendle (PENDLE) for thousands of tokens across hundreds of networks like Ethereum, Bitcoin, Solana, Linea, Base, and Arbitrum, right from your MetaMask wallet. Gas fees, AKA network fees, are included in every quote for complete transparency on the total cost. Just pick your input token, choose your output token, review the all-in rate, approve the transaction, and complete the swap in seconds.
You can easily bridge Pendle (PENDLE) across networks with MetaMask's Swap aggregator, which finds the fastest and cheapest routes available. MetaMask cross-network Swaps combine bridging and swapping into one transaction: Send Pendle from network A and receive a different token on network B without any wrapping required. This makes the process secure, simple, and cost-effective for users everywhere in the world.