Pendle (PENDLE)
Total Value Locked$4.485b
| ||||||||||||||||||
|
| Market Cap | $719.57m |
|---|---|
| $4.43 | |
| Fully Diluted Valuation | $1.248b |
| $72.8m | |
| Staked | $271.14m |
| (37.68% of mcap) | |
| $21.07m | |
| $64.5m | |
| $8.39m | |
| $8.07m | |
| 992 | |
| $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 23/05/25)
Weekly commits: 36
Monthly commits: 115
Weekly developers: 8
Monthly developers: 10
Last commit: 2 days ago (2025-05-23)
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: Yield
Revenue: Management + performance fees
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.