Pendle (PENDLE)
Total Value Locked$4.888b
| ||||||||||||||||||
|
| Market Cap | $590.07m |
|---|---|
| $3.63 | |
| Fully Diluted Valuation | $1.023b |
| $162.7m | |
| Staked | $224.42m |
| (38.03% of mcap) | |
| $18.48m | |
| $89.88m | |
| $13.77m | |
| $42.59m | |
| $42.59m | |
| $28.66m | |
| $13.93m | |
| 1,637 | |
| $3.7m | |
Protocol Information
Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.
Category:Yield
Development Activity
(updated at 11/06/25)
Weekly commits: 6
Monthly commits: 48
Weekly developers: 3
Monthly developers: 9
Last commit: 2 days ago (2025-06-11)
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.
Fees: Total yield from deposited assets + trading fees paid by yield traders.
Revenue: Share of yields and trading fees collected by protocol
Addresses: This only counts users that interact with protocol directly (so not through another contract, such as a dex aggregator), and only on arbitrum, avax, bsc, ethereum, xdai, optimism, polygon.