Pendle Finance

Credit · Fixed Income · PENDLE

NetworkCreditFixed Income3 coinsVerified

Pendle tokenizes yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT), creating an on-chain market for fixed-rate yield and yield speculation/hedging. Pendle V2's specialized AMM and vote-escrowed vePENDLE coordinate liquidity across dozens of maturity-dated yield markets, and Boros extends the model to funding-rate trading.

Tokenized yield — split principal and yield (PT/YT).

PENDLE price

$1.48

-1.6% 24h

Latest data · 15 min delay

Official Docs Website Twitter / X

Overview Metrics Research Asset coverage Risks Competitors Partnerships AI agent skills

Protocol TVL

$129.4M

Latest data

Users

75.0K

Depositors

Market cap

$253.7M

Latest data

Coins under Pendle Finance

Member products

Network pulse

On-chain + off-chain aggregates across member coins

1/3 coins live

Protocol TVLDeFi Llama

$129.4M

Member mcap totalCoinGecko

$265.9M

Weighted 24h moveMcap-weighted

-2.4%

−$6.5M implied

Fees · 24hDeFi Llama

$16.9K

Revenue · 24hDeFi Llama

$16.5K

Protocol TVL · 30ddefillama

Coins under Pendle Finance

Click a row for live on-chain + market data

3 coins

Symbol	Category	Price	24h	Mkt cap
PENDLE	Token	$1.55	-2.4%	$265.9M
PT-stETH	Receipt	—	—	—
YT-stETH	Receipt	—	—	—

Universal metrics

Consistent cross-network snapshot · synced 7d ago

Price

$1.48

-1.6% 24h

TVL$129.4M

Funding rounds3

Token market (secondary)

Market cap$253.7M

Volume (24h)$28.5M

FDV$417.4M

Circulating supply171.1M

Total supply281.5M

Market-cap rank#143

CMC id9481

Price 7d+20.6%

Price 30d+3.9%

TVL 1d+0.5%

TVL 7d+6.5%

TVL by chain

Ethereum$633.7M

Plasma$134.9M

Arbitrum$129.4M

Monad$59.0M

Hyperliquid L1$23.6M