Pendle Finance
Credit · Fixed Income · PENDLE
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
Asset coverage
Collateral, oracles, risk parameters, and deployment facts.
Member coins & supported assets
PENDLEPENDLE
Governance & utility token
PT-stETH, PT-eETH, etc.PT-stETH
Fixed-yield principal
YT-stETH, YT-eETH, etc.YT-stETH
Tradable future yield