Ask about Pendle
Logo of PendlePendle(PENDLE)
Total Value Locked$1.012b

TVL by Chain

Ethereum$626.11m

Plasma$132.43m

Arbitrum$131.09m

Monad$62m

BSC$32.19m

Hyperliquid L1$23.71m

Base$3.71m

Sonic$525,780

Mantle$111,822

Avalanche$45,912

OP Mainnet$15,116

Berachain$8,352

Key Metrics

Fees (Annualized)$24.72m
Fees 30d$828,196

Ethereum$698,680

Arbitrum$53,258

Plasma$34,445

Monad$23,392

Hyperliquid L1$16,794

Base$684

BSC$598

Mantle$330

Sonic$11

Berachain$5

OP Mainnet$0

Fees 7d$61,576

Ethereum$46,914

Monad$4,709

Arbitrum$4,552

Plasma$4,547

Hyperliquid L1$548

BSC$295

Base$9

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Fees 24h$4,631

Ethereum$3,656

Monad$522

Arbitrum$253

Plasma$150

BSC$27

Hyperliquid L1$21

Base$2

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Fees$65.13m

Ethereum$53.18m

Arbitrum$5.55m

Plasma$1.65m

Berachain$1.49m

BSC$1.4m

Mantle$844,200

Base$502,030

Hyperliquid L1$314,721

Sonic$147,026

OP Mainnet$24,363

Monad$23,392

Revenue (Annualized)$23.98m
Revenue 30d$814,198

Ethereum$687,137

Arbitrum$52,708

Plasma$34,383

Monad$22,838

Hyperliquid L1$15,517

Base$681

BSC$592

Mantle$330

Sonic$11

Berachain$5

OP Mainnet$0

Revenue 7d$59,648

Ethereum$45,393

Plasma$4,540

Monad$4,495

Arbitrum$4,388

Hyperliquid L1$531

BSC$292

Base$9

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Revenue 24h$4,376

Ethereum$3,425

Monad$514

Arbitrum$240

Plasma$150

BSC$25

Hyperliquid L1$20

Base$2

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Revenue$62.48m

Ethereum$51.08m

Arbitrum$5.33m

Plasma$1.58m

Berachain$1.48m

BSC$1.35m

Mantle$841,546

Base$431,856

Hyperliquid L1$202,674

Sonic$133,574

OP Mainnet$24,238

Monad$22,838

Holders Revenue (Annualized)$20.36m
Holders Revenue 30d$651,353

Ethereum$549,709

Arbitrum$42,163

Plasma$27,506

Monad$18,271

Hyperliquid L1$12,415

Base$539

BSC$473

Mantle$263

Sonic$8

Berachain$4

OP Mainnet$0

Holders Revenue 7d$47,717

Ethereum$36,315

Plasma$3,633

Monad$3,596

Arbitrum$3,509

Hyperliquid L1$425

BSC$233

Base$6

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Holders Revenue 24h$3,500

Ethereum$2,740

Monad$411

Arbitrum$192

Plasma$120

BSC$20

Hyperliquid L1$16

Base$1

Berachain$0

Mantle$0

OP Mainnet$0

Sonic$0

Cumulative Holders Revenue$55.2m

Ethereum$45.43m

Arbitrum$4.49m

Berachain$1.47m

Plasma$1.27m

BSC$1.11m

Mantle$702,616

Base$403,642

Hyperliquid L1$162,140

Sonic$129,082

OP Mainnet$19,973

Monad$18,271

Incentives 1y$11.66m

Incentives 30d$86,393

Incentives 7d$14,405

Incentives 24h$2,095

Cumulative Incentives$90.4m

Earnings (Annualized)$12.32m

Earnings 30d$727,805

Earnings 7d$45,243

Earnings 24h$2,281

Cumulative Earnings-$27.91m

DEX Volume 30d$546.67m
DEX Volume 30d by chain

Ethereum$422.77m

Plasma$66.72m

Arbitrum$30.81m

Monad$25m

BSC$1.07m

Base$165,087

Hyperliquid L1$128,754

Mantle$0

OP Mainnet$0

DEX Volume 7d$72.96m

Ethereum$50.84m

Monad$9.27m

Plasma$9.2m

Arbitrum$3.36m

BSC$148,423

Hyperliquid L1$128,754

Base$20,577

Mantle$0

OP Mainnet$0

DEX Volume 24h$5.2m

Ethereum$3.99m

Monad$888,461

Arbitrum$163,015

BSC$86,493

Hyperliquid L1$62,679

Base$5,448

Plasma$136

Mantle$0

OP Mainnet$0

Cumulative DEX Volume$55.996b

Ethereum$50.846b

Arbitrum$3.091b

BSC$1.561b

Mantle$303.09m

Plasma$153.92m

Monad$25m

Base$15.12m

OP Mainnet$158,370

Hyperliquid L1$128,754

Market Cap$256.06m

$PENDLE Price$1.5

All Time High$7.5

All Time Low$0.034

Fully Diluted Valuation$421.26m

Outstanding FDV$423.29m

$PENDLE Volume 24h$42.3m

CEX Volume$23.45m

DEX Volume$17.54m(41.46% of total)

Staked$151.34m(59.1% 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 APY8.76%

User Activity

Active Addresses (24h)434

New Addresses (24h)126

Transactions (24h)769

Gas Used (24h)$0

Competitors

Equilibria ($10.81m)Spectra V2 ($28.77m)Penpie ($4.59m)Napier ($92,157)Stake DAO ($99.91m)Spark Savings ($1.184b)Convex Finance ($468.44m)Lorenzo sUSD1+ ($163m)Aster asBNB ($105.75m)infiniFi ($63.73m)