Pendle (PENDLE)

Total Value Locked$3.188b
Chain Breakdown
Ethereum$2.794b
Base$195.02m
Sonic$99.28m
Arbitrum$53.24m
Berachain$23.72m
Mantle$13.34m
BSC$8.64m
Avalanche$57,861
OP Mainnet$52,597
Include in TVL (optional)
$198.2m
$1.57m
Market Cap$520.54m
$3.22
Fully Diluted Valuation$907.77m
$139.49m
Staked$198.2m
(38.08% of mcap)
$14.84m
$91.66m
$25.93m
$25.72m
1,332
$3.7m
USDETH

Protocol Information

Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.

Category:Yield

Audits:
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Development Activity

(updated at 01/04/25)

Weekly commits: 2
Monthly commits: 25
Weekly developers: 1
Monthly developers: 6

Last commit: 4 days ago (2025-04-01)

Token Information

Address:0x808507...8da827

View on CoinGecko View on Etherscan View on Blockscout

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: Yield

Revenue: Management + performance fees

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.

TVLFees and Revenue

Competitors

Napier($9.63m)Equilibria($181.81m)Penpie($118.4m)WOOFi Earn($12.16m)ReHold V2($12,159)Royco Protocol($2.469b)Convex Finance($860.73m)Aura($343.6m)Coinwind($242.25m)Elixir($212.98m)