Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$1.056b

TVL by Chain

Ethereum$630.06m

Plasma$161.76m

Arbitrum$130.53m

Monad$68.99m

BSC$33.52m

Hyperliquid L1$27.18m

Base$3.73m

Sonic$533,120

Mantle$113,300

Avalanche$45,555

OP Mainnet$15,600

Berachain$7,755

Key Metrics

Fees (Annualized)$24.7m
Fees 30d$934,139

Ethereum$789,195

Arbitrum$63,223

Plasma$36,667

Monad$25,312

Hyperliquid L1$15,133

BSC$3,557

Base$701

Mantle$330

Sonic$16

Berachain$5

OP Mainnet$0

Fees 7d$164,675

Ethereum$136,684

Arbitrum$13,861

Plasma$6,429

Monad$3,722

BSC$3,246

Hyperliquid L1$645

Base$74

Sonic$14

Berachain$0

Mantle$0

OP Mainnet$0

Fees 24h$116,861

Ethereum$101,506

Arbitrum$11,191

BSC$2,651

Monad$506

Hyperliquid L1$499

Plasma$431

Base$67

Sonic$10

Berachain$0

Mantle$0

OP Mainnet$0

Cumulative Fees$65.4m

Ethereum$53.41m

Arbitrum$5.57m

Plasma$1.66m

Berachain$1.49m

BSC$1.41m

Mantle$844,200

Base$502,168

Hyperliquid L1$315,805

Sonic$147,050

Monad$25,818

OP Mainnet$24,363

Revenue (Annualized)$23.95m
Revenue 30d$920,335

Ethereum$777,702

Arbitrum$62,703

Plasma$36,597

Monad$24,672

Hyperliquid L1$14,091

BSC$3,523

Base$699

Mantle$330

Sonic$16

Berachain$5

OP Mainnet$0

Revenue 7d$162,734

Ethereum$134,982

Arbitrum$13,797

Plasma$6,418

Monad$3,598

BSC$3,214

Hyperliquid L1$637

Base$74

Sonic$14

Berachain$0

Mantle$0

OP Mainnet$0

Revenue 24h$116,433

Ethereum$101,115

Arbitrum$11,190

BSC$2,648

Hyperliquid L1$496

Monad$480

Plasma$427

Base$67

Sonic$10

Berachain$0

Mantle$0

OP Mainnet$0

Cumulative Revenue$62.75m

Ethereum$51.31m

Arbitrum$5.36m

Plasma$1.59m

Berachain$1.48m

BSC$1.36m

Mantle$841,546

Base$431,994

Hyperliquid L1$203,749

Sonic$133,598

Monad$25,152

OP Mainnet$24,238

Holders Revenue (Annualized)$20.3m
Holders Revenue 30d$736,263

Ethereum$622,161

Arbitrum$50,160

Plasma$29,278

Monad$19,737

Hyperliquid L1$11,274

BSC$2,817

Base$554

Mantle$263

Sonic$13

Berachain$4

OP Mainnet$0

Holders Revenue 7d$130,184

Ethereum$107,986

Arbitrum$11,037

Plasma$5,135

Monad$2,877

BSC$2,570

Hyperliquid L1$510

Base$57

Sonic$12

Berachain$0

Mantle$0

OP Mainnet$0

Holders Revenue 24h$93,147

Ethereum$80,892

Arbitrum$8,952

BSC$2,118

Hyperliquid L1$397

Monad$384

Plasma$342

Base$54

Sonic$8

Berachain$0

Mantle$0

OP Mainnet$0

Cumulative Holders Revenue$55.41m

Ethereum$45.61m

Arbitrum$4.5m

Berachain$1.47m

Plasma$1.27m

BSC$1.11m

Mantle$702,616

Base$403,752

Hyperliquid L1$163,000

Sonic$129,102

Monad$20,121

OP Mainnet$19,973

Incentives 1y$11.3m

Incentives 30d$80,328

Incentives 7d$12,697

Incentives 24h$3,086

Cumulative Incentives$90.41m

Earnings (Annualized)$12.65m

Earnings 30d$840,007

Earnings 7d$150,037

Earnings 24h$113,347

Cumulative Earnings-$27.66m

DEX Volume 30d$522.4m
DEX Volume 30d by chain

Ethereum$407.25m

Plasma$57.34m

Monad$28.55m

Arbitrum$26.48m

BSC$2.03m

Hyperliquid L1$631,304

Base$118,911

Mantle$0

OP Mainnet$0

DEX Volume 7d$73.51m

Ethereum$56.71m

Monad$7.16m

Plasma$6.48m

BSC$1.27m

Arbitrum$1.22m

Hyperliquid L1$631,304

Base$38,381

Mantle$0

OP Mainnet$0

DEX Volume 24h$8.89m

Ethereum$7.21m

Monad$682,731

Arbitrum$443,877

Hyperliquid L1$352,913

Plasma$133,346

BSC$67,102

Base$1,541

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$56.064b

Ethereum$50.9b

Arbitrum$3.093b

BSC$1.562b

Mantle$303.09m

Plasma$160.52m

Monad$29.24m

Base$15.15m

Hyperliquid L1$984,217

OP Mainnet$158,370

Market Cap$253.89m

$PENDLE Price$1.49

All Time High$7.5

All Time Low$0.034

View $PENDLE token page

Fully Diluted Valuation$417.65m

Outstanding FDV$420.47m

$PENDLE Volume 24h$22.96m

CEX Volume$14.68m

DEX Volume$10.69m(46.53% of total)

Staked$149.66m(58.95% 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 APY8.8%

User Activity

Active Addresses (24h)479

New Addresses (24h)60

Transactions (24h)812

Gas Used (24h)$0

Competitors

Equilibria ($10.64m)Spectra V2 ($29.06m)Penpie ($4.06m)Napier ($93,457)Stake DAO ($104.73m)Spark Savings ($1.115b)Convex Finance ($491.9m)Lorenzo sUSD1+ ($152.78m)Aster asBNB ($106.2m)infiniFi ($62.4m)