Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$955.1m

TVL by Chain

Ethereum$613.58m

Arbitrum$128.86m

Plasma$125.8m

Monad$52.02m

Hyperliquid L1$21.93m

BSC$8.78m

Base$3.45m

Sonic$506,916

Mantle$107,199

Avalanche$45,856

OP Mainnet$13,611

Berachain$8,933

Key Metrics

Fees (Annualized)$24.81m
Fees 30d$1.05m

Ethereum$897,103

Arbitrum$58,749

Plasma$38,674

Hyperliquid L1$33,059

Monad$14,406

Base$1,463

Sonic$930

Mantle$333

BSC$332

Berachain$5

OP Mainnet$0

Fees 7d$480,248

Ethereum$427,595

Arbitrum$27,499

Monad$9,865

Plasma$9,702

Hyperliquid L1$4,604

Base$459

BSC$271

Mantle$248

Berachain$5

Sonic$2

OP Mainnet$0

Fees 24h$5,761

Ethereum$5,070

Monad$308

Arbitrum$176

Hyperliquid L1$169

Plasma$33

Base$4

BSC$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Fees$65.03m

Ethereum$53.11m

Arbitrum$5.54m

Plasma$1.65m

Berachain$1.49m

BSC$1.4m

Mantle$844,200

Base$502,020

Hyperliquid L1$314,099

Sonic$147,026

OP Mainnet$24,363

Monad$14,714

Revenue (Annualized)$24.06m
Revenue 30d$1.03m

Ethereum$880,939

Arbitrum$58,288

Plasma$38,612

Hyperliquid L1$31,282

Monad$14,144

Base$1,387

Sonic$930

Mantle$333

BSC$329

Berachain$5

OP Mainnet$0

Revenue 7d$476,594

Ethereum$424,629

Arbitrum$27,398

Plasma$9,684

Monad$9,639

Hyperliquid L1$4,263

Base$458

BSC$271

Mantle$248

Berachain$5

Sonic$2

OP Mainnet$0

Revenue 24h$5,499

Ethereum$4,834

Monad$300

Arbitrum$168

Hyperliquid L1$161

Plasma$32

Base$3

BSC$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$62.39m

Ethereum$51.01m

Arbitrum$5.33m

Plasma$1.58m

Berachain$1.48m

BSC$1.35m

Mantle$841,546

Base$431,845

Hyperliquid L1$202,069

Sonic$133,574

OP Mainnet$24,238

Monad$14,444

Holders Revenue (Annualized)$20.46m
Holders Revenue 30d$820,991

Ethereum$704,749

Arbitrum$46,628

Plasma$30,888

Hyperliquid L1$25,026

Monad$11,316

Base$1,105

Sonic$743

Mantle$266

BSC$262

Berachain$4

OP Mainnet$0

Holders Revenue 7d$381,277

Ethereum$339,704

Arbitrum$21,918

Plasma$7,747

Monad$7,712

Hyperliquid L1$3,411

Base$365

BSC$216

Mantle$198

Berachain$4

Sonic$1

OP Mainnet$0

Holders Revenue 24h$4,399

Ethereum$3,867

Monad$240

Arbitrum$134

Hyperliquid L1$129

Plasma$25

Base$3

BSC$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Holders Revenue$55.12m

Ethereum$45.37m

Arbitrum$4.48m

Berachain$1.47m

Plasma$1.26m

BSC$1.11m

Mantle$702,616

Base$403,635

Hyperliquid L1$161,656

Sonic$129,082

OP Mainnet$19,973

Monad$11,556

Incentives 1y$12.21m

Incentives 30d$118,377

Incentives 7d$19,702

Incentives 24h$5,354

Cumulative Incentives$90.38m

Earnings (Annualized)$11.85m

Earnings 30d$907,869

Earnings 7d$456,892

Earnings 24h$144.8

Cumulative Earnings-$27.99m

DEX Volume 30d$741.12m
DEX Volume 30d by chain

Ethereum$602.2m

Plasma$91.52m

Arbitrum$34.15m

Monad$7.77m

Base$4.48m

BSC$1m

Mantle$0

OP Mainnet$0

DEX Volume 7d$131.63m

Ethereum$109.33m

Monad$7.77m

Arbitrum$7.23m

Plasma$7.08m

BSC$200,990

Base$21,822

Mantle$0

OP Mainnet$0

DEX Volume 24h$6.74m

Ethereum$6.11m

Monad$458,025

Arbitrum$115,489

Plasma$50,861

Base$4,397

BSC$461

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$55.886b

Ethereum$50.767b

Arbitrum$3.087b

BSC$1.561b

Mantle$303.09m

Plasma$144.72m

Base$15.1m

Monad$8.22m

OP Mainnet$158,370

Market Cap$220.4m

$PENDLE Price$1.29

All Time High$7.5

All Time Low$0.034

Fully Diluted Valuation$362.47m

Outstanding FDV$364.03m

$PENDLE Volume 24h$32.69m

CEX Volume$16.08m

DEX Volume$12.79m(39.14% of total)

Staked$131.66m(59.74% 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 Tracked168

Average APY9.32%

User Activity

Active Addresses (24h)589

New Addresses (24h)51

Transactions (24h)1,118

Gas Used (24h)$0

Competitors

Equilibria ($9.72m)Spectra V2 ($27.9m)Penpie ($4.51m)Napier ($87,304)Stake DAO ($96.22m)Spark Savings ($1.547b)Convex Finance ($456.95m)Lorenzo sUSD1+ ($158.31m)Aster asBNB ($102.12m)Strata Markets ($66.14m)