Market cap
$374.12M
0.55 %
Volume (24h)
$17.08M
0.55 %
Circulating supply
169,240,987 PENDLE
Total supply
281,527,448 PENDLE
Max. supply
258,446,028 PENDLE
Pendle (PENDLE)
$ 2.14
0.55 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$374.12M
Volume 24h$17.08M
Circulating supply169.24M65% of max 258.45M
All-time high$7.5-71% from peak · 2024-04-11
Pendle (PENDLE) is a cryptocurrency that powers the Pendle protocol, designed to enable users to tokenize and trade future yield on DeFi assets. It simplifies yield management by allowing users to lock in or speculate on future yields in a decentralized manner.
Frequently asked questions
What is Pendle and how is it different?
Pendle is a DeFi protocol that lets users tokenize and trade future yields from assets like staking or lending. Unlike traditional yield farming, Pendle allows users to separate and trade yield components independently.
How does Pendle's technology work?
Pendle uses smart contracts to split yield-bearing assets into principal and yield tokens. These tokens can be traded separately, enabling users to lock in yields or speculate on future yield changes.
How is PENDLE coin emission structured?
PENDLE has a fixed hard cap of 258,446,028 coins, ensuring a limited supply. The distribution is managed through protocol incentives and community rewards.
How can I store and use PENDLE?
PENDLE can be stored in any Ethereum-compatible wallet. It’s used for governance, staking, and participating in the Pendle ecosystem to earn rewards.