Pendle
Current price
$1.92
−12.31%24h
LiveUpdated 18s ago
TodayPendle drops 12.3%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−1.94%
- 24 hours−12.31%
- 7 days−15.48%
- 30 days−17.60%
- 1 year−41.15%
Pendle's move in context
Lagging the market today
−12.31% today against −3.24% for the market as a whole, a gap of 9.1 points. A gap this wide suggests something specific to Pendle may be moving it, not just the market mood.
Part of a slide
−15.5% over 7 days and −17.6% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Pendle
Pendle: Yield Tokenization for DeFi Innovation
Pendle is a decentralized finance (DeFi) platform focused on yield tokenization, enabling users to unlock future yield streams and trade them independently. By tokenizing yield, Pendle allows DeFi users to create additional liquidity and financial strategies that were previously not possible. Built on Ethereum and Avalanche, Pendle is designed to maximize the potential of yield farming and fixed-income products in the decentralized economy.
Key Features of Pendle
Yield Tokenization: Pendle introduces a unique approach to yield farming by separating the yield component from underlying assets. This enables users to lock in future yield or trade it separately, providing flexibility and liquidity in yield-bearing assets.
Fixed-Term and Fixed-Yield Products: Pendle provides fixed-income options by allowing users to buy yield-bearing tokens at a discounted rate. This brings a new level of predictability to DeFi, attracting users seeking stability in an otherwise volatile market.
Automated Market Maker (AMM) Integration: Pendle features a specialized AMM optimized for yield trading, facilitating efficient exchanges and minimizing slippage. This AMM is crucial for creating a smooth and liquid market for yield tokens.
Benefits of Using Pendle
Increased Liquidity: By separating and tokenizing yield, Pendle allows users to create liquidity in yield assets, making it easier for investors to trade and manage their assets.
Flexibility in Yield Management: Pendle’s yield tokenization enables users to devise diverse strategies, such as locking in returns or speculating on yield fluctuations.
Pendle is an innovative project that enhances DeFi by introducing new ways to interact with yield-bearing assets, creating flexible, liquid markets for these assets and attracting a range of DeFi participants.
Pendle market
- Position by market cap among the coins we track.
- #85
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $495.44M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.90High $2.21
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $7.45
- Now 26% of itReached 11 Apr 2024 · Needs +289% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 258.45M PENDLE
- 100% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 281.53M PENDLE
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 258.45M PENDLE
- The most coins that can ever exist. Some coins have no limit.
Pendle converter
1 Pendle = $1.92
