Pendle
PENDLE
Rank #237
1.42
24h
24h:
-1.01%
7d:
-5.78%
30d:
+4.05%
Market Cap
244.586M
24h:
-0.96%
Volume
23.23M
Circulating Supply
171.758M PENDLE
Total Supply
281.527M PENDLE
Pendle is a permissionless yield-trading protocol where users can execute various yield strategies. Pendle wraps yield-bearing tokens into standardized yield tokens (SY), which are then split into principal tokens (PT) and yield tokens (YT). Both PT and YT can be traded via Pendle’s AMM. Through vePENDLE, the platform brings traditional finance interest derivatives to DeFi, allowing users to execute advanced yield strategies like fixed yield, long yield, and liquidity provision.
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