Pendle price
in USD$3.124
-- (--)
USD
Market cap
$526.92M #72
Circulating supply
169.48M / 281.53M
All-time high
$7.142
24h volume
$114.15M
Rating
3.7 / 5


About Pendle
PENDLE is a revolutionary cryptocurrency that enables users to unlock and trade future yield from various assets in decentralized finance (DeFi). By utilizing Pendle’s unique yield tokenization system, investors can split assets into Principal Tokens (PTs) for fixed yield and Yield Tokens (YTs) for variable yield, providing unparalleled flexibility and composability. PENDLE supports diverse use cases, including passive income strategies, yield farming, and risk management, making it a cornerstone for stablecoin, liquid staking, and funding rate derivatives. Trusted by top DeFi protocols and integrated across leading ecosystems, PENDLE empowers users to maximize capital efficiency while participating in the growing decentralized yield market.
AI insights
Pendle’s price performance
Past year
-26.45%
$4.25
3 months
-29.66%
$4.44
30 days
-36.75%
$4.94
7 days
-27.24%
$4.29
Pendle on socials

After the major liquidation on October 11, the implied yield in the sKAITO yield market on the Pendle platform is exceptionally high (up to 80%), which reflects not only changes in market yield expectations but also a significant portion due to panic selling of PT leading to discounts.
This is because of Pendle's AMM mechanism, which only has the sKAITO-sKAITO PT LP pool, and YT trades by borrowing from the PT LP pool through Flash Swap. The harsher the discount on PT, the higher the price of YT.

"From the Kaito Robotics public theme leaderboard, let's explore which core circles are laying out their strategies and what alpha opportunities can be mined⛏️ (1)"
"Address for digging!! Searching for clues🕵️!! Based on the rankings over the entire time period🔁"
"1. Andrew Kang @Rewkang VC Investor"
"From Mechanism Capital @MechanismCap, this fund's website looks quite simple, and their vision is: We invest in the starting point of the next paradigm. Technologies that eliminate old models. The systems we support not only improve the world but also reshape it.☄️"
"The main projects include ethena, arbitrum, pendle, pumpfun, etc."
"This fund is currently at the forefront of humanoid robotics technology exploration, and the content they publish is worth referencing and learning for those interested in this track."
"Grasp the understanding of the web2 narrative, and when it extends to web3, you become an excellent team member, my friend."
"2. Eli5DeFi @eli5_defi High-quality visual content research blogger in the English-speaking area"
"This teacher's content operation is very good, combining foresight and practicality, so you can watch and learn more. (I don't know much about other information, will continue to learn from the teacher📑"
"3. Simon Dedic @sjdedic VC Investor"
"From Moonrock Capital @MoonrockCapital. First of all, this teacher's thesis is very interesting, and his latest tweet introduces the narrative of energy. He believes that physical AI and robotics will ultimately become key participants in centralized energy networks. This is indeed a bit cool, so look more and think about things that excite you."
"This fund's portfolio includes peaq, bio, etc. These have all been mentioned by teacher Lu... you can pay attention to this."
"4. Davide Crapis @DavideCrapis AI Lead at the Ethereum Foundation"
"This great person's pinned post outlines the mission of the Ethereum Foundation's AI team: to make Ethereum the preferred settlement and coordination layer for AI and machine economy."
"Focus on two areas: AI economy on Ethereum and decentralized stack."
"Must happen on Ethereum. Cool🆒! Keep up with this master, don't get lost."
"5. s4mmy @S4mmyEth Blogger focusing on crypto AI research"
"Has written a lot of integrated analyses on crypto AI, the content is well done, vertical track, pay attention."
"_______________________________________________"
"That's all for today, I will continue to dig into the alpha lines behind this leaderboard🧵."
"I will also organize all the accounts related to robotics on the leaderboard into a list for you to add and use (continuously updated):"
"But know that VCs have to shout for their own bags, they are the ones who create narratives. Be humble and cautious, maintain independent thinking. This is just a starting point for information, the continuous optimization of the source path depends on your own efforts."
"Congratulations to openmind @openmind_agi for becoming the first open-source robotics project🤖️. Follow Clara @ClaraChengGo to unlock the first-hand participation posture of openmind🔓"
"Finally, let's thank Kaito AI @KaitoAI"
"Follow me for continuous updates on valuable Alpha content😙"


I have followed up on a large number of protocols, and I will share more ongoing projects later:
CAP is a decentralized stablecoin protocol that has not yet issued a token.
The business model of CAP = users deposit USDC → mint stablecoin cUSD → professional institutions execute diversified strategies to earn returns → collateral provided by stakers → everyone shares the profits.
The collateral here is to prevent institutions from misbehaving. The system introduces a re-staking collateral mechanism that uses Symbiotic/EigenLayer to delegate ETH to provide collateral for operators, earning up to 4% APR in USDC fees plus PoS rewards.
This allows ordinary people to obtain stablecoins while enabling institutions and stakers to earn returns through a secure structured approach.
1. A total of approximately $13.9 million has been raised. Franklin Templeton and Triton Capital are the lead investors.
2. Currently in phase 3, starting on October 13, 2025, with a TVL of $280 million.
3. The core components are:
Minting mechanism: Users deposit USDC/USDT 1:1 to mint cUSD, which is fully redeemable. The stcUSD variant allows staking for enhanced returns.
4. The two main highlight assets of the product are cUSD + stcUSD.
cUSD: A digital dollar asset backed by blue-chip stablecoins.
stcUSD: The yield version of cUSD.
cUSD holders continue to enjoy 10x Caps, while others follow the PT YT model, with points up to 20x.
Currently, cap @capmoney_ focuses on stabilizing the demand for Pendle and Morpho, integrating more blue-chip DeFi to drive the demand for cUSD, maintaining the market expansion of cUSD and stcUSD, while enhancing user stickiness through extended participation time, wallet integration, and delegation mechanisms.
Guides
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Track your Pendle’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Pendle on OKX Learn
CRV and PENDLE Fund Trends: How Altcoins Are Reshaping the Crypto Market
Understanding the Shift from Stablecoins to Altcoins The cryptocurrency market is undergoing a significant transformation, with funds moving away from stablecoins and into altcoins like CRV , PENDLE ,
Pendle Minting Token: Unlocking Future Yields with DeFi Innovation
What is Pendle Minting Token? Pendle minting token is a pioneering innovation in decentralized finance (DeFi) that allows users to tokenize and trade the future yields of yield-bearing assets. By leve
Pendle TVL Billion: How This DeFi Protocol Is Redefining Yield Trading
Pendle's Total Value Locked (TVL): Milestones and Growth Trajectory Pendle Finance has solidified its position as a leading force in the decentralized finance (DeFi) sector, achieving remarkable miles
Pendle Yield and Kaito: Unlocking DeFi Potential with Yield Tokenization
Introduction to Pendle Yield and Kaito In the dynamic world of decentralized finance (DeFi), protocols like Pendle are revolutionizing how users interact with yield-bearing assets. By introducing yiel
Pendle FAQ
Currently, one Pendle is worth $3.124. For answers and insight into Pendle's price action, you're in the right place. Explore the latest Pendle charts and trade responsibly with OKX.
Cryptocurrencies, such as Pendle, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pendle have been created as well.
Check out our Pendle price prediction page to forecast future prices and determine your price targets.
Dive deeper into Pendle
Pendle is a yield-trading protocol that allows users to earn fixed or flexible yields.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$526.92M #72
Circulating supply
169.48M / 281.53M
All-time high
$7.142
24h volume
$114.15M
Rating
3.7 / 5

