Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$970.96m

TVL by Chain

Ethereum$589.23m

Arbitrum$133.64m

Plasma$131.77m

Monad$55.88m

BSC$32.14m

Hyperliquid L1$23.91m

Base$3.69m

Sonic$529,387

Mantle$112,135

Avalanche$45,542

OP Mainnet$15,220

Berachain$8,373

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$8,230

Ethereum$4,024

Plasma$1,369

Monad$1,291

Arbitrum$1,257

BSC$259

Hyperliquid L1$30

Base$0

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$502,028

Hyperliquid L1$314,730

Sonic$147,026

OP Mainnet$24,363

Monad$24,161

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$8,047

Ethereum$3,888

Plasma$1,368

Monad$1,261

Arbitrum$1,245

BSC$256

Hyperliquid L1$29

Base$0

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$62.49m

Ethereum$51.09m

Arbitrum$5.33m

Plasma$1.58m

Berachain$1.48m

BSC$1.35m

Mantle$841,546

Base$431,854

Hyperliquid L1$202,683

Sonic$133,574

OP Mainnet$24,238

Monad$23,585

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$6,437

Ethereum$3,110

Plasma$1,094

Monad$1,009

Arbitrum$996

BSC$205

Hyperliquid L1$23

Base$0

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$403,641

Hyperliquid L1$162,147

Sonic$129,082

OP Mainnet$19,973

Monad$18,869

Incentives 1y$11.71m

Incentives 30d$88,388

Incentives 7d$15,425

Incentives 24h$3,200

Cumulative Incentives$90.4m

Earnings (Annualized)$12.3m

Earnings 30d$736,590

Earnings 7d$63,147

Earnings 24h$4,847

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$10.17m

Ethereum$7.16m

Monad$2.77m

Arbitrum$95,528

Hyperliquid L1$76,865

BSC$40,144

Plasma$20,645

Base$4,513

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$56.001b

Ethereum$50.849b

Arbitrum$3.091b

BSC$1.561b

Mantle$303.09m

Plasma$153.94m

Monad$26.89m

Base$15.12m

OP Mainnet$158,370

Hyperliquid L1$142,940

Market Cap$257.39m

$PENDLE Price$1.5

All Time High$7.5

All Time Low$0.034

Fully Diluted Valuation$423.46m

Outstanding FDV$423.29m

$PENDLE Volume 24h$46.74m

CEX Volume$28.45m

DEX Volume$17.57m(37.58% of total)

Staked$155.1m(60.26% 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.

CategoryYield

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 APY8.79%

User Activity

Active Addresses (24h)524

New Addresses (24h)126

Transactions (24h)823

Gas Used (24h)$0

Competitors

Equilibria ($10.85m)Spectra V2 ($28.43m)Penpie ($4.75m)Napier ($92,479)Multipli.fi ($55.26m)Spark Savings ($1.285b)Lorenzo sUSD1+ ($162.88m)Convex Finance ($119.03m)Aster asBNB ($106.22m)infiniFi ($64.17m)