The current real-time price of PENDLE is $1.894. In the past 24 hours, PENDLE has traded between $1.855 and $2.032, showing strong market activity. The all-time high of PENDLE is $7.5, and the all-time low is $0.0337.
From a short-term perspective, the price change of PENDLE over the past 1 hour is , over the past 24 hours is +0.37%, and over the past 7 days is -6.32%. These figures provide a quick overview of the latest price trends and market dynamics of PENDLE on LBank.-11.21%
The live price of PENDLE today is $1.894, with a current market cap of $309.029M. The 24-hour trading volume is 52M. The price of PENDLE to USD is updated in real time.
Before deciding whether to buy or sell PENDLE, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s PENDLE technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for PENDLE.
How much will PENDLE be worth tomorrow, next week, or next month in ? What about your PENDLE assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! PENDLE Price Prediction
To learn more about PENDLE, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x4f30...170210  | 69.859M | 22.21% |
ethereum | 0xa3a7...d60eec | 30.067M | 9.56% |
ethereum | 0x8119...456ee1 | 23.501M | 7.47% |
ethereum | 0x399b...22ec9a | 16.220M | 5.16% |
ethereum | 0x9999...664144 | 13.860M | 4.41% |
Other | 161.025M | 51.19% |
Pendle utilizes a unique "yield stripping" mechanism to split yield-bearing assets into two separate components: the Principal Token (PT) and the Yield Token (YT). The process begins by wrapping an asset into a Standardized Yield token. The PT represents the base value of the original deposit, while the YT represents the right to all future yield generated by that asset. This allow users to manage and trade principal and interest as independent financial instruments.
Upon reaching maturity, YT tokens expire and their value drops to zero because there is no remaining future yield to collect. Conversely, PT tokens become fully redeemable for the underlying asset on a 1:1 basis. At this stage, the fixed yield is considered realized, and holders can withdraw their original principal plus the accrued interest by converting their PT back into the base asset.
Users can secure a fixed yield by purchasing Principal Tokens (PT). Since PT represents the future right to the underlying asset and is typically sold at a discount to the current market price, it functions similarly to a zero-coupon bond. By buying PT and holding it until the maturity date, the user effectively locks in a guaranteed interest rate, as the token will be redeemable for its full value regardless of market yield fluctuations.
Traders who believe the yield of a specific asset will increase can "long" the yield by purchasing Yield Tokens (YT). Because YT is significantly less expensive than the full underlying asset, it offers high capital efficiency. This provides traders with leveraged exposure to interest rates; if the actual staking rewards or yield generated during the period exceed the price paid for the YT, the trader earns a profit on the difference.
Pendle is a popular tool for farming protocol rewards or points. When a user holds a Yield Token (YT), they are entitled to all the yield and associated incentives generated by the underlying principal. This allows users to accumulate rewards at a significant multiple—often 10x to 50x—compared to simply holding the asset, as the YT provides the rewards for the full principal amount at a fraction of the cost.
vePENDLE is the governance version of the protocol token, obtained by locking PENDLE for a specific period. This system follows a vote-escrowed model, allowing holders to receive a portion of the protocol's revenue sourced from yield collected by YT tokens and swap fees. Additionally, vePENDLE holders can vote on the allocation of incentives to specific liquidity pools, allowing them to boost their own potential returns.
Time (UTC+8) | Type | News |
|---|---|---|
01-16 04:32:17 | Market Information | Pendle (PENDLE) is experiencing significant market interest, with Grayscale adding it to its Q1 2026 "Assets Under Consideration" list, signaling potential institutional capital inflows. The protocol consistently ranks among top DeFi yield farms, offering high APYs and maintaining a strong $3.57 billion TVL. Despite a recent $3.7 million incident with the Yield Protocol, Pendle swiftly recapitalized the vault, demonstrating resilience. Technical analysis indicates a "STRONG BUY" signal, further reinforced by prominent investor Arthur Hayes' recent substantial PENDLE purchase. New pool integrations continue to expand Pendle's growing ecosystem. |
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