Pendle price
in USD$4.920
-$0.156 (-3.08%)
USD
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Market cap
$827.45M #68
Circulating supply
168.63M / 281.53M
All-time high
$7.142
24h volume
$64.04M
3.7 / 5


About Pendle
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that specializes in yield tokenization, allowing users to trade and optimize yield-generating assets. The platform enables the separation of yield from the underlying asset, creating two distinct tokens: Principal Tokens (PT) for fixed yield and Yield Tokens (YT) for variable yield exposure. This innovative approach lets users lock in fixed returns or speculate on future yield rates, making it a versatile tool for both conservative and active investors. Pendle has gained significant traction in the DeFi space, with its Total Value Locked (TVL) surpassing $10 billion, driven by integrations with major protocols like Aave, Ethena, and Morpho. Its ecosystem continues to expand with new products like Boros, a platform for trading funding rates, further solidifying Pendle's role as a cornerstone of DeFi's yield economy.
AI-generated
Pendle’s price performance
Past year
--
--
3 months
+30.33%
$3.78
30 days
-8.28%
$5.36
7 days
-0.65%
$4.95
Pendle’s biggest 24-hour price drop was on Dec 20, 2024, (UTC+8), when it fell by $1.349 (-24.61%). In Dec 2024, Pendle experienced its biggest drop over a month, falling by $3.010 (-42.15%). Pendle’s biggest drop over a year was by $3.778 (-67.57%) in 2025.
Pendle’s all-time low was $1.813 (+171.37%) on Mar 11, 2025, (UTC+8). Its all-time high was $7.142 (-31.12%) on Dec 7, 2024, (UTC+8). Pendle’s circulating supply is 168,627,370 PENDLE, which represents 59.89% of its maximum circulating supply of 281,527,448 PENDLE.
Pendle in the news
Almanak launched its alUSD stablecoin on Pendle today, offering a 1.25x multiplier on Almanak Points...
Ethena, Pendle, and Aave form a powerful DeFi yield engine. This article explores how they work together and how Hyperliquid could expand this system.
Pendle on socials

For DeFi folks looking for a clear path, @levva_fi is “DeFAI”
AI yield optimization protocol with Smart Vaults automatically allocated to Aave, Pendle, Morpho, Origin, Aerodrome on Base.
Connect your wallet, choose your strategy, deposit $USDC or $ETH, and let AI do the rest.
Disclaimer: Not financial advice, DYOR.
1/4 - @levva_fi ⤵️

Levva
Levva is now live on @base 🟦
Levva 2.0 launches today, Sept 10 — bringing AI-powered Smart Vaults that make onchain portfolios simple and accessible.
✔️ At launch, strategies connect with trusted protocols including @OriginProtocol, @aave, @MorphoLabs, @AerodromeFi, and @pendle_fi.
Levva x Base is another step toward making onchain finance effortless and open for everyone.
@buildonbase

Note: Breed VC seeded Hyperbeat

Hyperbeat
What happened this week at Hyperbeat?
+ Earn and Morphobeat TVL: $460M.
+ Validator Stake: 4.63M HYPE ~$250M (ATH).
+ Masterswap volume: $101.22M (+$21.22M) (ATH).
+ beHYPE TVL: 2.56M HYPE ~$135M.
+ 16 HB Builder Codes issued (+2) (ATH).
+ Week 23 Hearts: 47.87M/51M distributed.
+ dnPUMP $5M caps reached, 7d Net APY ~15.48%.
+ Masterswap crosses $100 000 000 volume
+ beHYPE live - the fully onchain HYPE Liquid Staking Token that lets you participate in validator governance.
+ @hyperlendx, @felixprotocol & @HypurrFi launch beHYPE markets.
+ @spectra_finance launches beHYPE pool.
+ @HyperSwapX hosts beHYPE liquidity.
+ Hyperbeat collaborated with multiple validators and ecosystem teams on the USDH vote, resulting in updated guidelines and various frameworks. Congratulations to Native Markets on winning the ticker.
What's next?
• dnCoreWriter.
• dnFART and dnETH.
• Hyperbeat USDC.
• Pendle beHYPE pool.
• beHYPE enshrined instant liquidity module.
• beHYPE Modular Security Framework.
• Native on-ramp for deposits from CEX and other off-chain sources.
• Hyperbeat Pay, a Hyperliquid-native alternative to banking.


Note: dcf cap seeded hyperbeat

Hyperbeat
What happened this week at Hyperbeat?
+ Earn and Morphobeat TVL: $460M.
+ Validator Stake: 4.63M HYPE ~$250M (ATH).
+ Masterswap volume: $101.22M (+$21.22M) (ATH).
+ beHYPE TVL: 2.56M HYPE ~$135M.
+ 16 HB Builder Codes issued (+2) (ATH).
+ Week 23 Hearts: 47.87M/51M distributed.
+ dnPUMP $5M caps reached, 7d Net APY ~15.48%.
+ Masterswap crosses $100 000 000 volume
+ beHYPE live - the fully onchain HYPE Liquid Staking Token that lets you participate in validator governance.
+ @hyperlendx, @felixprotocol & @HypurrFi launch beHYPE markets.
+ @spectra_finance launches beHYPE pool.
+ @HyperSwapX hosts beHYPE liquidity.
+ Hyperbeat collaborated with multiple validators and ecosystem teams on the USDH vote, resulting in updated guidelines and various frameworks. Congratulations to Native Markets on winning the ticker.
What's next?
• dnCoreWriter.
• dnFART and dnETH.
• Hyperbeat USDC.
• Pendle beHYPE pool.
• beHYPE enshrined instant liquidity module.
• beHYPE Modular Security Framework.
• Native on-ramp for deposits from CEX and other off-chain sources.
• Hyperbeat Pay, a Hyperliquid-native alternative to banking.

Guides
Find out how to buy Pendle
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Pendle’s prices
How much will Pendle be worth over the next few years? Check out the community's thoughts and make your predictions.
View Pendle’s price history
Track your Pendle’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Pendle FAQ
Currently, one Pendle is worth $4.920. For answers and insight into Pendle's price action, you're in the right place. Explore the latest Pendle charts and trade responsibly with OKX.
Cryptocurrencies, such as Pendle, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pendle have been created as well.
Check out our Pendle price prediction page to forecast future prices and determine your price targets.
Dive deeper into Pendle
Pendle is a yield-trading protocol that allows users to earn fixed or flexible yields.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$827.45M #68
Circulating supply
168.63M / 281.53M
All-time high
$7.142
24h volume
$64.04M
3.7 / 5

