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Pendle (PENDLE) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

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Pendle

PENDLE

About Pendle

Pendle is a unique protocol that seeks to enable the tokenization and trading of future yield. It aims to provide users with greater control over future yield by offering optionality and opportunities for its utilization. The core technology of Pendle includes yield tokenization, which separates any yield-bearing asset into distinct yield and principal components for enhanced control. The protocol is cross-chain compatible, supporting various networks including Ethereum, Arbitrum, BNB Chain, and Optimism.

Pendle operates through a novel Automated Market Maker (AMM) designed specifically for yield trading. This AMM supports assets with time decay, a feature that differentiates Pendle from other protocols. The AMM is designed with concentrated liquidity, a dual fee-structure, and negligible impermanent loss concerns. Additionally, Pendle users can lock their $PENDLE tokens for a stake in the protocol, further enhancing their interaction with the ecosystem.

Pendle aims to provide a platform where users can find stability among volatile yields without a lock-up period. This feature makes Pendle a potential tool for those seeking to manage their yield exposure over time. Users can choose to go long on yield or hedge their yield exposure, depending on their risk tolerance and market outlook. The protocol's cross-chain compatibility also broadens its potential use cases, as it can interact with various blockchain networks.

While the specific historical milestones of Pendle are not detailed, the protocol has established itself as a known platform in the cryptocurrency space. It has undergone audits by several known firms, including Ackee Blockchain, Dedaub, and Dingbats, which have also audited other well-known projects in the industry. This trust and validation from industry experts highlight Pendle's focus on transparency and security in its operations. The protocol's $PENDLE token also plays a role in its ecosystem, providing users with a stake in the protocol.

Market

Canada Market Stats

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

CA$972.4M

Volume (24h)

CA$67.1M

Circulating supply

156.1M PENDLE

All time high

CA$10.30

Canada Market performance

Price change (1h)

+0.04%

Price change (1d)

-1.82%

Price change (1w)

+22.2%

Price change (2w)

+11.99%

Price change (1m)

-5.3%

Price change (1y)

+432.36%

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Pendle is on the rise this week.

The price of Pendle has increased by 0.04% in the last hour and decreased by 1.82% in the past 24 hours. Pendle’s price has also risen by 22.20% in the past week. The current price is CA$6.22 per PENDLE with a 24-hour trading volume of CA$67.06M. Currently, Pendle is valued at 39.63% below its all time high of CA$10.30. This all-time high was the highest price paid for Pendle since its launch.

The current circulating supply of Pendle is 156,129,647.19 PENDLE which means that Pendle has as total market cap of 156,129,647.19.

FAQ

What is the current price of Pendle?

We update our Pendle to CAD currency in real-time. Get the live price of Pendle on Coinbase.

What is the market cap of Pendle?

The current market cap of Pendle is CA$972.41M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Pendle?

The all-time high of Pendle is CA$10.30. This all-time high is highest price paid for Pendle since it was launched.

What is the 24 hour trading volume of Pendle?

Over the last 24 hours, the trading volume of Pendle is CA$67.06M.

What other assets are similar to Pendle?

Assets that have a similar market cap to Pendle include Terra, SingularityNET, Venus BNB, and many others. To see a full list, see our comparable market cap assets.

How many Pendle are there?

The current circulating supply of Pendle is 156 million.

Can I buy Pendle on Coinbase?

Yes, Pendle is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Pendle guide.