Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$949.04m

TVL by Chain

Ethereum$593.69m

Arbitrum$133.74m

Plasma$131.74m

Monad$53.08m

Hyperliquid L1$23.99m

BSC$8.35m

Base$3.73m

Sonic$539,543

Mantle$112,657

Avalanche$45,826

OP Mainnet$15,446

Berachain$8,858

Key Metrics

Fees (Annualized)$24.79m
Fees 30d$837,640

Ethereum$704,622

Arbitrum$57,606

Plasma$34,584

Monad$21,590

Hyperliquid L1$17,887

Base$684

Mantle$330

BSC$322

Sonic$11

Berachain$5

OP Mainnet$0

Fees 7d$87,656

Ethereum$70,632

Monad$7,184

Arbitrum$5,646

Plasma$3,425

Hyperliquid L1$731

BSC$25

Base$11

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Fees 24h$10,280

Ethereum$8,327

Plasma$866

Arbitrum$603

Monad$444

Hyperliquid L1$36

BSC$3

Base$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Fees$65.12m

Ethereum$53.18m

Arbitrum$5.55m

Plasma$1.65m

Berachain$1.49m

BSC$1.4m

Mantle$844,200

Base$502,028

Hyperliquid L1$314,697

Sonic$147,026

OP Mainnet$24,363

Monad$22,034

Revenue (Annualized)$24.04m
Revenue 30d$823,247

Ethereum$692,768

Arbitrum$57,053

Plasma$34,522

Monad$21,074

Hyperliquid L1$16,488

Base$681

Mantle$330

BSC$319

Sonic$11

Berachain$5

OP Mainnet$0

Revenue 7d$85,384

Ethereum$68,847

Monad$6,930

Arbitrum$5,446

Plasma$3,417

Hyperliquid L1$708

BSC$25

Base$11

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Revenue 24h$9,973

Ethereum$8,092

Plasma$866

Arbitrum$573

Monad$403

Hyperliquid L1$35

BSC$3

Base$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$62.48m

Ethereum$51.09m

Arbitrum$5.33m

Plasma$1.58m

Berachain$1.48m

BSC$1.35m

Mantle$841,546

Base$431,854

Hyperliquid L1$202,651

Sonic$133,574

OP Mainnet$24,238

Monad$21,477

Holders Revenue (Annualized)$20.42m
Holders Revenue 30d$658,593

Ethereum$554,213

Arbitrum$45,639

Plasma$27,617

Monad$16,860

Hyperliquid L1$13,191

Base$541

Mantle$263

BSC$254

Sonic$8

Berachain$4

OP Mainnet$0

Holders Revenue 7d$68,308

Ethereum$55,078

Monad$5,544

Arbitrum$4,356

Plasma$2,735

Hyperliquid L1$566

BSC$20

Base$9

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Holders Revenue 24h$7,978

Ethereum$6,474

Plasma$693

Arbitrum$458

Monad$322

Hyperliquid L1$28

BSC$3

Base$0

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Holders Revenue$55.19m

Ethereum$45.43m

Arbitrum$4.48m

Berachain$1.47m

Plasma$1.26m

BSC$1.11m

Mantle$702,616

Base$403,641

Hyperliquid L1$162,121

Sonic$129,082

OP Mainnet$19,973

Monad$17,182

Incentives 1y$11.78m

Incentives 30d$90,114

Incentives 7d$16,282

Incentives 24h$3,628

Cumulative Incentives$90.39m

Earnings (Annualized)$12.26m

Earnings 30d$733,133

Earnings 7d$69,102

Earnings 24h$6,345

Cumulative Earnings-$27.91m

DEX Volume 30d$565.3m
DEX Volume 30d by chain

Ethereum$437.12m

Plasma$74.37m

Arbitrum$31.25m

Monad$21.39m

BSC$987,172

Base$176,054

Mantle$0

OP Mainnet$0

DEX Volume 7d$102.34m

Ethereum$75.03m

Monad$13.63m

Plasma$9.23m

Arbitrum$4.39m

BSC$44,456

Base$16,748

Mantle$0

OP Mainnet$0

DEX Volume 24h$9.53m

Ethereum$8.07m

Monad$785,877

Arbitrum$673,688

Base$1,360

Plasma$86

BSC$2

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$55.991b

Ethereum$50.844b

Arbitrum$3.092b

BSC$1.561b

Mantle$303.09m

Plasma$153.9m

Monad$22.18m

Base$15.11m

OP Mainnet$158,370

Market Cap$256.25m

$PENDLE Price$1.5

All Time High$7.5

All Time Low$0.034

Fully Diluted Valuation$421.6m

Outstanding FDV$423.29m

$PENDLE Volume 24h$33.15m

CEX Volume$21.22m

DEX Volume$13.4m(40.43% of total)

Staked$152.54m(59.53% 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 APY8.84%

User Activity

Active Addresses (24h)496

New Addresses (24h)79

Transactions (24h)965

Gas Used (24h)$0

Competitors

Equilibria ($10.68m)Spectra V2 ($28.05m)Penpie ($4.61m)Napier ($93,106)Stake DAO ($100.38m)Spark Savings ($1.583b)Convex Finance ($480.3m)Lorenzo sUSD1+ ($162.33m)Aster asBNB ($107.89m)infiniFi ($64.93m)