PENDLE / altcoin
Pendle
PENDLE
Pendle — DeFi protocol for trading yield
Price · 1 year
$1.76-61.4% · 1Y
ATH $7.50 on Apr 2024·upd. May 27
How much will you earn?
PENDLE
| Platform | Interest | Total |
|---|---|---|
★ Bybit Earn | +0.1348 | 10.1348 |
On Bybit Earn:+0.0004per day·+0.0112per month·+0.1348per year
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
Coin signals
- 🪙 Small market cap: $331M
- 💧 Modest liquidity: $45M / 24h
- 📉 Price -74% below ATH. Peak: Apr 2024
- 📅 Down over the year (-56%)
- 📊 Low market cap rank (#139)
All platforms for PENDLE
| Platform | Best | Type | Platf. risk | |
|---|---|---|---|---|
| Bybit Earn | 1.34 % | flexible | C | Open |
What is PENDLE
Pendle (PENDLE) splits yield-bearing assets into PT (principal) and YT (yield). Users can lock in fixed yield or speculate on yield changes. A flagship for RWA / restaking yield trading.
Known risks
- ⚠Complex for retail users
- ⚠Depends on inflow of yield-bearing assets
