Pendle (PENDLE)
Total Value Locked$4.871b
| ||||||||||||||||||
|
| Market Cap | $550.79m |
|---|---|
| $3.38 | |
| Fully Diluted Valuation | $952.77m |
| $45.28m | |
| Staked | $210.58m |
| (38.23% of mcap) | |
| $16.95m | |
| $57.37m | |
| $15.64m | |
| $27.48m | |
| $27.48m | |
| $25.81m | |
| $1.67m | |
| 2,060 | |
| $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 16/06/25)
Weekly commits: 10
Monthly commits: 52
Weekly developers: 4
Monthly developers: 9
Last commit: 11 days ago (2025-06-16)
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.