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
$2.13
-4.0% 24h
Latest data · 15 min delay
Funding, governance, and treasury data (DeFi Llama + curated).
— · 2023-08-23
Investors
OTC
— · 2023-11-09
Investors
Seed
$3.7M · 2021-05-04
Investors
Total supplied
—
Tier 2No daily history from the current sources
Pending live refresh
Total borrowed
—
Tier 2No daily history from the current sources
Pending live refresh
TVL (net)
DeFi Llama$1.22B
DeFi Llama10h ago
Fees (30d)
DeFi Llama$432.8K
DeFi Llama1d ago
Revenue (30d)
DeFi Llama$426.0K
DeFi Llama1d ago
Wtd avg borrow APY
—
Tier 2No daily history from the current sources
Pending live refresh
Wtd avg supply APY
—
PendingNo daily history from the current sources
Pending live refresh
Top collateral assets
—
PendingList metric; no series
Pending live refresh
Bad debt
—
Tier 2No daily history from the current sources
Pending live refresh
Market cap
DeFi Llama$374.3M
No daily history from the current sources
DeFi Llama10h ago
FDV
CoinGecko$599.2M
FDV history not tracked
CoinGecko10h ago
P/TVL
Derived0.31×
No daily history from the current sources
Derived0s ago
TVL Δ 30d
Derived (DeFi Llama)-2.59%
Derived from the TVL series
Derived (DeFi Llama)0s ago
Chain count
Derived (DeFi Llama)13
Count metric; no series
Derived (DeFi Llama)10h ago
