Live · updated 6 minutes ago
Pendle Price chart
Key stats
Performance
How the price moved over each period.
Supply
173.92M PENDLE circulate. No maximum supply is set.
- Circulating
- 173.92M
- Total supply
- 281.53M
- Max supply
- No max supply
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 15.47% of market cap. Trades easily.
$304.39M market cap, rank #143. Bigger is harder to push around.
62% of the total supply circulates. Little dilution ahead.
76.7% below its all-time high of $7.50.
Largest recent swing: 5.38% a day. Moderate.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is Pendle (PENDLE)?
Pendle is a DeFi protocol for trading yield. It lets users split a yield-bearing asset into its principal and its future yield, and trade each part on its own. The website calls it a leading crypto yield trading platform. PENDLE is the protocol's token, used for governance and for sharing in fees. The project's code is public on the pendle-finance GitHub organisation.
How Pendle works
A yield-bearing token is first wrapped into a standardized yield token, known as SY. Pendle then splits that into two parts:
- Principal token (PT): redeemable one to one for the underlying asset when its market expires. Buying a PT below its redemption value locks in a fixed yield.
- Yield token (YT): receives the yield the asset earns until expiry, then becomes worthless.
Each market has a fixed expiry date. Pendle's V2 lets users trade spot yield, earn fixed yield or take leveraged long-yield positions, and its Boros product lets users trade yield, including off-chain rates, with margin.
PENDLE supply and token design
PENDLE can be locked as vePENDLE for up to two years. Locking gives voting power over which pools receive PENDLE emissions, and it earns a share of protocol fees. Pendle charges a 3% fee on yield earned through YTs, and Binance Research reports that it is passed to vePENDLE holders. The longer the lock, the more voting power. No fixed maximum supply is reported, and emissions are set by the protocol's schedule. Live circulating supply is shown in the market data on this page.
The token runs on many networks, including Ethereum, Arbitrum, BNB Chain, Base, Sonic, Berachain and HyperEVM. The Ethereum contract is 0x808507121b80c02388fad14726482e061b8da827, and you should confirm it before any trade.
Official information is on pendle.finance.
What to check before using PENDLE
- PTs and YTs expire. A YT can lose all value at maturity if the yield falls short of what you paid.
- Each market inherits the risks of the underlying asset, such as a stablecoin depeg, a lending protocol failure or a staking issue.
- vePENDLE locks cannot be exited early. Locked tokens are illiquid for the lock period.
- Smart-contract risk applies on every chain where markets are deployed, even with audits.
- Many lookalike tokens exist across chains. Use the official site to find the correct address.
Pendle project profile
- Open source
- No
- Hardware wallet support
- Yes
Token contracts
- Ethereum:
0x808507…8da827 - Berachain:
0xff9c599d51c407a45d631c… - Hyperevm:
0xd6eb81136884713e843936… - Monad:
0x5e49e1f85813f2b6585886… - Sonic:
0xf1ef7d2d4c0c881cd63448… - Base:
0xa99f6e…9eeb3e - BNB Chain:
0xb3ed0a…7ed507 - Arbitrum One:
0x0c880f…a8c9e8
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Pendle market analysis
With a market capitalisation of $304.39 million, Pendle (PENDLE) is classed as a small-cap asset and ranks #143 of 1,341 cryptocurrencies with a reported market cap on CryptoWave, larger than about 89.3% of them. It accounts for roughly 0.01% of the combined tracked market value. Small-cap assets can move quickly on news or exchange listings, and liquidity can thin out fast in sell-offs.
Over the last 24 hours roughly $47.09 million of PENDLE changed hands, equal to 15.47% of its market cap, which puts its trading volume ahead of about 95.5% of tracked assets. That is an active level of turnover for an asset of this size. Its turnover ratio is higher than that of about 77% of tracked assets.
Price action: PENDLE moved −5.38% in 24 hours and −10.40% over 7 days. It underperformed Bitcoin by 3.20 percentage points over 24 hours and by 6.54 points over 7 days. Against the median tracked coin (behind by 3.14 points on the day and behind by 4.19 points on the week), it has been a relative laggard in recent sessions.
To overtake SoFiUSD (SOFID) just above it, Pendle would need to grow its market cap by about 0.4%; it is 0.8% larger than apxUSD (APXUSD) just below. Its market cap is 0.02% of Bitcoin's.
Based on market data; not investment advice.
Pendle FAQ
What is Pendle (PENDLE)?
Pendle is a DeFi protocol where users split yield-bearing assets into principal and yield tokens and trade them. PENDLE is its governance and fee-sharing token.
What is PENDLE used for?
PENDLE can be locked as vePENDLE for up to two years to vote on emissions and share in protocol fees.
How do Pendle PT and YT work?
A PT redeems one to one for the underlying asset at expiry, while a YT receives the yield until then. Each market has a fixed expiry date.
Is there a maximum supply of PENDLE?
No fixed maximum supply is reported. Emissions follow the protocol's schedule and are directed by vePENDLE voters.
Price history
| Date | Close | Change |
|---|---|---|
| 2026-11-03 | $1.75 | 0.74% |
| 2026-11-02 | $1.76 | 4.97% |
| 2026-11-01 | $1.85 | 0.00% |
| 2026-10-31 | $1.85 | 0.33% |
| 2026-10-30 | $1.85 | 5.49% |
| 2026-10-29 | $1.75 | 12.29% |
| 2026-10-28 | $1.99 | 0.25% |
| 2026-10-27 | $2.00 | 2.46% |
| 2026-10-26 | $1.95 | 0.56% |
| 2026-10-25 | $1.96 | 2.29% |
| 2026-10-24 | $2.01 | 1.47% |
| 2026-10-23 | $2.04 | 0.49% |
| 2026-10-22 | $2.05 | 5.01% |
| 2026-10-21 | $2.16 | 0.05% |
| 2026-10-20 | $2.16 | 2.62% |
| 2026-10-19 | $2.10 | 2.54% |
| 2026-10-18 | $2.05 | 1.25% |
| 2026-10-17 | $2.07 | 1.05% |
| 2026-10-16 | $2.10 | 1.80% |
| 2026-10-15 | $2.06 | 0.49% |
| 2026-10-14 | $2.05 | 3.94% |
| 2026-10-13 | $2.13 | 4.25% |
| 2026-10-12 | $2.05 | 7.46% |
| 2026-10-11 | $2.21 | 0.36% |
| 2026-10-10 | $2.20 | 3.92% |
| 2026-10-09 | $2.12 | 1.92% |
| 2026-10-08 | $2.08 | 7.35% |
| 2026-10-07 | $2.25 | 5.91% |
| 2026-10-06 | $2.39 | 2.69% |
| 2026-10-05 | $2.45 | 0.20% |
| 2026-10-04 | $2.45 | 1.54% |
| 2026-10-03 | $2.41 | 2.51% |
| 2026-10-02 | $2.35 | 0.97% |
| 2026-10-01 | $2.37 | 0.54% |
| 2026-09-30 | $2.39 | 2.71% |
| 2026-09-29 | $2.32 | 2.43% |
| 2026-09-28 | $2.38 | 9.60% |
| 2026-09-27 | $2.64 | 2.61% |
| 2026-09-26 | $2.57 | 0.59% |
| 2026-09-25 | $2.55 | 1.58% |
| 2026-09-24 | $2.59 | 5.11% |
| 2026-09-23 | $2.47 | 1.79% |
| 2026-09-22 | $2.51 | 0.32% |
| 2026-09-21 | $2.52 | 7.08% |
| 2026-09-20 | $2.71 | 3.71% |
| 2026-09-19 | $2.62 | 1.12% |
| 2026-09-18 | $2.59 | 10.18% |
| 2026-09-17 | $2.35 | 0.73% |
| 2026-09-16 | $2.33 | 3.00% |
| 2026-09-15 | $2.26 | 4.31% |
| 2026-09-14 | $2.37 | 13.21% |
| 2026-09-13 | $2.09 | 4.70% |
| 2026-09-12 | $2.19 | 8.89% |
| 2026-09-11 | $2.01 | 2.29% |
| 2026-09-10 | $1.97 | 1.75% |
| 2026-09-09 | $2.00 | 6.09% |
| 2026-09-08 | $2.13 | 4.39% |
| 2026-09-07 | $2.23 | 5.89% |
| 2026-09-06 | $2.11 | 4.41% |
| 2026-09-05 | $2.02 | 4.99% |