Pendle

Name: Pendle
Brand: Cryptocurrency
SKU: PENDLE
Price: 1.42 USD
Availability: InStock

PENDLE

0x8085...8da827

BUY PENDLE

$1.42

-$0.0743(-5.23%)Today

Market cap

241.15M

Total volume (24h)

58.73M

Volume / Market cap

0.2436

Circulating supply

170.65M

Day range (24h)

$1.36$1.52

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 (May 29, 2026)	$1.42	-5.23%
24 hours ago (May 28, 2026)	$1.50	-5.23%
1 week ago (May 22, 2026)	$1.91	-25.52%
1 month ago (April 29, 2026)	$1.34	+5.89%
1 year ago (May 29, 2025)	$4.49	-68.37%

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Ways to use PENDLE on MetaMask

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Sell PENDLE

Exchange PENDLE for cash.

Swap PENDLE

Trade PENDLE on and across blockchains.

Predict

Trade PENDLE and crypto prediction markets.

Perps

Long or short tokens with up to 50x leverage.

Stake

Put your crypto to work & earn passive income.

PENDLE market moves

24h change: -10.39%. From $1.90 to $1.70.

Pendle has built a position of approximately 2.45 million STRC shares held non-custodially with associated principal token markets on Morpho reaching over 50 million dollars in TVL. These markets offer fixed APYs near 19 percent, which users can amplify through looping strategies to reach 50-60 percent effective APY or higher in some cases. The development illustrates the Pendle Effect where the protocol acts as infrastructure that drives liquidity and yield expression for tokenized assets. It matters because it shows growing integration between DeFi yield trading and emerging onchain fixed income and RWA products.
Pendle replaced its vePENDLE multi-year lockup system with sPENDLE, a liquid staking token that features a 14-day withdrawal period or instant redemption with a fee. Protocol revenue is directed toward PENDLE buybacks and rewards for sPENDLE holders. Existing vePENDLE locks were converted with multipliers for a transition period. This change aims to increase capital efficiency for participants and better align tokenomics with ongoing protocol revenue.
Pendle's Boros rates trading platform has reached notable open interest and is adding markets for funding rate derivatives, BTC linear rates on venues like Hyperliquid and OKX, and tools to track funding costs. It positions Pendle to capture part of the large perps funding rate market and support institutional fixed income and RWA activity. The infrastructure enables programmable strategies including those using AI agents for yield, LP management, and margin. This extends Pendle's original yield tokenization into broader decentralized rates markets.

May 22, 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.