Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$1.011b

TVL by Chain

Ethereum$625.92m

Plasma$132.44m

Arbitrum$130.98m

Monad$61.93m

BSC$32.19m

Hyperliquid L1$23.49m

Base$3.71m

Sonic$525,471

Mantle$111,491

Avalanche$45,815

OP Mainnet$15,044

Berachain$8,376

Key Metrics

Fees (Annualized)$24.76m
Fees 30d$839,095

Ethereum$702,655

Arbitrum$58,603

Plasma$35,731

Monad$22,870

Hyperliquid L1$17,635

Base$684

BSC$572

Mantle$330

Sonic$11

Berachain$5

OP Mainnet$0

Fees 7d$80,723

Ethereum$60,259

Monad$8,167

Arbitrum$6,674

Plasma$4,692

Hyperliquid L1$653

BSC$268

Base$8

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Fees 24h$4,386

Ethereum$3,167

Plasma$639

Arbitrum$359

Monad$183

BSC$18

Hyperliquid L1$18

Base$2

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Fees$65.13m

Ethereum$53.18m

Arbitrum$5.55m

Plasma$1.65m

Berachain$1.49m

BSC$1.4m

Mantle$844,200

Base$502,030

Hyperliquid L1$314,718

Sonic$147,026

OP Mainnet$24,363

Monad$23,053

Revenue (Annualized)$24.02m
Revenue 30d$824,978

Ethereum$691,072

Arbitrum$58,051

Plasma$35,668

Monad$22,324

Hyperliquid L1$16,272

Base$681

BSC$568

Mantle$330

Sonic$11

Berachain$5

OP Mainnet$0

Revenue 7d$78,572

Ethereum$58,622

Monad$7,889

Arbitrum$6,468

Plasma$4,684

Hyperliquid L1$634

BSC$267

Base$8

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Revenue 24h$4,239

Ethereum$3,046

Plasma$639

Arbitrum$342

Monad$176

Hyperliquid L1$18

BSC$16

Base$2

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$62.48m

Ethereum$51.08m

Arbitrum$5.33m

Plasma$1.58m

Berachain$1.48m

BSC$1.35m

Mantle$841,546

Base$431,856

Hyperliquid L1$202,672

Sonic$133,574

OP Mainnet$24,238

Monad$22,500

Holders Revenue (Annualized)$20.4m
Holders Revenue 30d$659,977

Ethereum$552,857

Arbitrum$46,437

Plasma$28,534

Monad$17,860

Hyperliquid L1$13,019

Base$540

BSC$453

Mantle$263

Sonic$8

Berachain$4

OP Mainnet$0

Holders Revenue 7d$62,857

Ethereum$46,898

Monad$6,311

Arbitrum$5,173

Plasma$3,749

Hyperliquid L1$507

BSC$213

Base$6

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Holders Revenue 24h$3,390

Ethereum$2,437

Plasma$511

Arbitrum$273

Monad$141

Hyperliquid L1$14

BSC$13

Base$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Holders Revenue$55.2m

Ethereum$45.43m

Arbitrum$4.49m

Berachain$1.47m

Plasma$1.27m

BSC$1.11m

Mantle$702,616

Base$403,642

Hyperliquid L1$162,138

Sonic$129,082

OP Mainnet$19,973

Monad$18,001

Incentives 1y$11.72m

Incentives 30d$89,552

Incentives 7d$16,589

Incentives 24h$4,364

Cumulative Incentives$90.4m

Earnings (Annualized)$12.3m

Earnings 30d$735,426

Earnings 7d$61,983

Earnings 24h-$124.56

Cumulative Earnings-$27.91m

DEX Volume 30d$561.94m
DEX Volume 30d by chain

Ethereum$431.37m

Plasma$74.31m

Arbitrum$30.89m

Monad$24.12m

BSC$1.01m

Base$180,378

Hyperliquid L1$66,075

Mantle$0

OP Mainnet$0

DEX Volume 7d$102.37m

Ethereum$72.79m

Monad$15.81m

Plasma$9.2m

Arbitrum$4.42m

Hyperliquid L1$66,075

BSC$65,254

Base$16,684

Mantle$0

OP Mainnet$0

DEX Volume 24h$5.11m

Ethereum$3.91m

Monad$888,728

Arbitrum$163,014

BSC$86,539

Hyperliquid L1$58,492

Base$5,448

Plasma$136

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$55.996b

Ethereum$50.846b

Arbitrum$3.091b

BSC$1.561b

Mantle$303.09m

Plasma$153.92m

Monad$25m

Base$15.12m

OP Mainnet$158,370

Hyperliquid L1$124,567

Market Cap$255.49m

$PENDLE Price$1.49

All Time High$7.5

All Time Low$0.034

Fully Diluted Valuation$420.32m

Outstanding FDV$420.47m

$PENDLE Volume 24h$38.4m

CEX Volume$23.66m

DEX Volume$17.67m(46.03% of total)

Staked$151.52m(59.31% of mcap)

$PENDLE Liquidity$26.18m

Uniswap V3$10.3m

Balancer V2$5.32m

Camelot V2$4.54m

Uniswap V3$1.87m

Curve DEX$1.5m

Camelot V3$1.23m

Aerodrome Slipstream$565,104

SushiSwap$282,208

Uniswap V3$260,204

PancakeSwap AMM V3$155,967

PancakeSwap AMM V3$68,973

Joe V2.1$49,705

Velodrome V2$40,450

Total Raised$3.7m

May 4, 2021$3.7mRound: SeedInvestors: AllianceDAO, Bitlink Capital, Bitscale Capital, CMS Holdings, Crypto.com Capital, D1 Ventures, Fisher8 Capital, Genesis Block Ventures, Harvest Finance, HashKey, imToken Ventures, LedgerPrime, Lemniscap, Mechanism Capital, Origin Capital, Parataxis Capital, Signum Capital, Sora Ventures

Aug 23, 2023Round: Investors: Binance Labs

Nov 9, 2023Round: OTCInvestors: The Spartan Group

Protocol Information

Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.

Category:Yield

Audits:

WebsiteGitHubTwitterSafe Harbor Agreement

Methodology

TVL: V1 TVL counts the collateral backing the yield tokens and USDC in the pendle markets, plus staked OT liquidity, and SLP/JLP staked in masterchef. Staking TVL is just staked PENDLE on 0x07282F2CEEbD7a65451Fcd268b364300D9e6D7f5. Pool2 refers to the Pe,P pool on mainnet, and Pa,P pool on avax.View code on GitHubFees: Total yield from deposited assets + trading fees paid by yield traders.View code on GitHubRevenue: Sum of 5% fee from all yield + points accrued and 80% trading fees.View code on GitHubHolders Revenue: 80% revenue distributed to sPENDLE holders (100% before September 2025).View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked160

Average APY8.72%

User Activity

Active Addresses (24h)524

New Addresses (24h)126

Transactions (24h)823

Gas Used (24h)$0

Competitors

Equilibria ($10.85m)Spectra V2 ($28.7m)Penpie ($4.61m)Napier ($92,157)Stake DAO ($95.93m)Spark Savings ($1.184b)Convex Finance ($468.7m)Lorenzo sUSD1+ ($162.93m)Aster asBNB ($105.75m)infiniFi ($63.73m)