Introduction to Pendle Finance
Pendle Finance is a decentralized finance (DeFi) protocol that enables tokenized future yield trading on automated market maker (AMM) systems. The platform allows users to:
- Acquire yield-generating assets
- Earn additional yield opportunities
- Lock in future yields in advance
- Trade future yield streams without underlying collateral requirements
👉 Discover how Pendle Finance is revolutionizing yield trading
PENDLE Token Metrics
Current Market Data (Live Updates)
- Price: $3.3733
- 24H Change: -7.31%
- 24H Trading Volume: $41.1M
- Market Cap: $556.08M
- Fully Diluted Valuation (FDV): $950.9M
- Circulating Supply: 164.63M PENDLE (58.5% of total)
Performance Timeline
| Period | Price Change |
|---|---|
| 24 Hours | -7.31% |
| 7 Days | -3.7% |
| 3 Months | +0.85% |
| 6 Months | -38% |
| 1 Year | 0% |
Tokenomics Breakdown
Allocation Structure
| Category | Tokens | Percentage |
|---|---|---|
| Liquidity Rewards | 85.74M | 37% |
| Team | 50.98M | 22% |
| Ecosystem Fund | 41.71M | 18% |
| Investors | 34.76M | 15% |
| Balancer LDB | 16.22M | 7% |
| Advisors | 2.32M | 1% |
Technical Specifications
- Blockchain: Ethereum & Avalanche
- Category: DeFi AMM Protocol
- Ecosystem: Avalanche (AVAX) Compatible
- Launch Price: $1.6957
- Max Supply: 281,527,448 PENDLE
Project Resources
- Website: pendle.finance
- Documentation: Pendle Lite Paper
- GitHub: pendle-finance
👉 Explore advanced yield trading strategies with Pendle
Frequently Asked Questions
What makes Pendle Finance unique?
Pendle introduces novel financial instruments that allow traders to speculate on future yield rates while enabling yield farmers to lock in rates upfront—creating a two-sided market for yield derivatives.
How does the token allocation support long-term growth?
The structured vesting schedule (particularly the 37% liquidity rewards) ensures continuous protocol participation incentives while preventing market flooding from concentrated unlocks.
What risks should investors consider?
As with all DeFi protocols, Pendle faces smart contract risks, yield volatility, and the competitive landscape of yield optimization platforms. The -38% 6-month performance indicates significant market sensitivity.
Which exchanges support PENDLE trading?
PENDLE is available on 36 exchanges including major centralized and decentralized platforms, ensuring strong liquidity across market conditions.
How does Pendle integrate with Avalanche?
The protocol operates natively on both Ethereum and Avalanche blockchains, allowing users to benefit from Avalanche's low fees and fast transactions for yield operations.
Market Outlook and Recent Developments
Pendle continues to innovate with strategic partnerships like the recent collaboration with Aethir for decentralized cloud computing integration. Analysts highlight its 2025 growth strategy focusing on:
- Cross-chain yield market expansion
- Institutional-grade yield products
- Enhanced capital efficiency mechanisms
The protocol's ability to maintain steady developer activity (GitHub) and community engagement (social metrics) suggests ongoing commitment to its roadmap despite broader market challenges.