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Pendle (PENDLE) price, chart, coin profile and news

Find the latest Pendle (PENDLE) price, coin profile, news and history to get you started with Pendle trading and investing.

What is Pendle?

PENDLE is the native token of the Pendle protocol. It is an ERC-20 token built on Ethereum.

Pendle is a unique automated market maker (AMM) built on top of existing protocols. Pendle is the first protocol to allow for trading tokenised future yield. With Pendle, holders of assets that generate yield can lock in future yield upfront, without underlying collateral.

When holders of yield-generating assets deposit their tokens on Pendle, the user mints ownership tokens (OT) and yield tokens (YT). Ownership tokens represent the underlying principal, while yield tokens can be used in 2 different ways: depositing YT to earn fees and selling YT.

Pendle (PENDLE) is the 1086th largest cryptocurrency in the world by market cap, valued at $4,968,496. The current price of Pendle is $0.051264, which is -0.358% lower than yesterday. Prices have ranged between $0.052653 and $0.050338 over the past 24 hours. All prices are listed in US dollars and accurate as of December 07, 2022 08:12 UTC.

Recent Pendle developments

January, 2022: wMEMO is live on Pendle. Users can now mint, stake, and trade wMEMO yield.

Pendle (PENDLE) price

Use our graph to track the performance of (PENDLE) over time.

Pendle at a glance

Information last updated December 07, 2022 08:12 UTC.
Coin symbol PENDLE
Coin Marketcap US$4,968,496
Total PENDLE supply 231,725,335
Circulating PENDLE 96,950,723
Current price US$0.051264
All time high US$2.45
All time high date May 05, 2021
Notable team members TN Lee, GT, YK and Vu
Partnerships BENQI, Trader Joe, Olympus Pro
Industry Automated Market Maker (AMM)
Token uses Liquidity, Governance
Network Ethereum

Pendle price performance over time

Historical prices compared with the price of US$0.051264.

1 hour -0.24%
24 hours -0.36%
7 days 28.42%
14 days 34.62%
30 days -17.09%
60 days -3.87%
200 days 7.21%
1 year -86.50%

Disclaimer: Cryptocurrencies, including Pendle, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PENDLE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Pendle or any other cryptocurrency discussed.

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