All the latest news and key insights you need from Pendle
Pendle is a DeFi protocol that enables the trading of tokenized future yield. By separating yield from the principal of yield-bearing assets, Pendle allows users to lock in fixed yield or speculate on variable yield—something that traditional DeFi platforms do not offer. Built on Ethereum and other EVM-compatible chains, Pendle brings greater flexibility and efficiency to yield management by leveraging tokenization and automated markets.
In traditional DeFi systems, users who deposit into yield-generating protocols cannot isolate or manage the yield component independently from the principal. This creates inefficiencies and limits advanced strategies such as yield speculation, hedging, or fixed-income products. Pendle was created to solve this by introducing a new primitive: the ability to split yield-bearing tokens into two separate components—principal and yield—giving users enhanced control over their DeFi strategies. It aims to unlock a deeper yield derivatives market within Web3.
$PENDLE is the native token of the Pendle ecosystem, serving as both a governance and utility token. Users can lock $PENDLE to receive vePENDLE, which grants voting rights and access to boosted yield opportunities. vePENDLE holders can direct emission incentives to specific liquidity pools, participate in protocol decisions, and earn a share of protocol fees. Additionally, $PENDLE is used to incentivize liquidity providers and secure long-term ecosystem growth.
Pendle launches its Ethereum mainnet and introduces the concept of tokenized future yield.
Pendle V2 goes live on Ethereum and Arbitrum, bringing AMM improvements and yield support.
Pendle joins a major exchange’s Launchpool program, greatly increasing exposure and adoption.
Launch of BeraStone staking with ETH-based yields and long-term incentives.
ROI | PRICE | MARKET CAP | INVESTMENT |
---|---|---|---|
1xx | $5.82 | $979.2M | |
0.01xx | $0.06 | $10.0M | $5.106 |
0.03xx | $0.15 | $25.0M | $12.766 |
0.05xx | $0.30 | $50.0M | $25.532 |
0.10xx | $0.59 | $100.0M | $51.063 |
0.26xx | $1.49 | $250.0M | $127.659 |
0.51xx | $2.97 | $500.0M | $255.317 |
0.77xx | $4.46 | $750.0M | $382.976 |
1.02xx | $5.94 | $1.0B | $510.634 |
3.06xx | $17.83 | $3.0B | $1,531.902 |
5.11xx | $29.72 | $5.0B | $2,553.17 |
ATHx | $7.50 | $1.3B | $644.33 |