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
Evidenced relationships across the Credit sector (every row carries a fetched source). Pendle Finance is emphasised; the graph shows the whole covered sector because the cross-entity structure is the signal.
Chain deployments (17)
Protocol infrastructure (own systems, not partnerships)