Pendle

Pendle Price

pendle

$3.06
bybit downs
-4.03%
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Last updated: 2025-04-06 00:00:55

Price Statistics

Market Cap
495.56M
24H Volume
78.24M
All-Time High
7.50
Circulating Supply
161.47M

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Trade on Our Spot Market

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Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

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Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

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Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

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Trade on Our Spot Market

Buy and sell crypto with real-time Spot prices—zero delays.

Trade in our Spot Market
Trade

Convert Your Crypto

Convert crypto at zero cost—fast, secure, and easy.

Convert Your Crypto
Convert

Earn Crypto Passively

Earn passive rewards—simply deposit your funds and watch them grow.

Earn Crypto Passively
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Crypto Pre-Market Listings

Get early access to new tokens—trade them before they’re officially listed.

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Price History (USD)

PENDLE Live Price Summary

As of Apr 6, 2025, the global cryptocurrency market cap is $495.56M with a -3.81% change in the last 24 hours. Today's price of PENDLE is $3.06, with a 24-hour trading volume of $78.24M. PENDLE is -4.03% in the last 24 hours, with a circulating supply of 161.47M PENDLE coins and a maximum supply of 281.53M PENDLE coins. PENDLE ranks 135 by market cap. It has a 24H high of $3.27 recorded on Apr 6, 2025, and its 24H low so far is $3.04, recorded on Apr 6, 2025.

What Is the Highest Price of PENDLE?

PENDLE has an all-time high (ATH) of $7.50 , recorded on Apr 11, 2024.

What Is the Lowest Price of PENDLE?

PENDLE has an all-time low (ATL) of $0.03377729, recorded on Nov 14, 2022.

About Pendle (PENDLE)

What Is Pendle?

Pendle is a DeFi yield trading protocol built on the Ethereum blockchain that allows yield-generating asset holders to secure future yield in advance through automated yield farming strategies. It provides an accessible, secure and user-friendly platform for users to take advantage of high-yield returns with minimal effort. 

Pendle separates an underlying yield-generating token into two components: a Principal Token (PT) and a future Yield Token (YT). YT embodies the potential earnings of the underlying asset, allowing users to sell it for instant income or acquire it for pure yield exposure.

Pendle (PENDLE) Price

PENDLE launched on Apr 28, 2021 at $1.80. Its price fluctuated for a few days before reaching its high of $2.45 on May 5, 2021. PENDLE’s price then sank to a low of $0.53 on May 24 before it promptly rebounded to $1.27 the next day. Its price continued to fluctuate wildly over the next few weeks, remaining between $0.60 and $1.14. In July 2021, PENDLE began to gradually decline to a low of $0.31 before recovering to a high of $1.27 on Aug 24. This was then followed by another decline to $0.43. October 2021 was the last time PENDLE’s price came close to the $1 mark, declining further from November due to the bear market at that time. 

PENDLE rallied to a low high of $0.60 on Jan 6, 2022, but it couldn’t maintain it and quickly fell once again. Its decline was further exacerbated by the Terra LUNA crash in May. The token eventually found support at the $0.04 mark by June 2022, and its price remained relatively constant with no huge spikes for the rest of the year. However, in the middle of January 2023, PENDLE started to show signs of recovery as it increased in value from $0.04 to $0.09 by mid-January. It doubled its price to $0.18 on Feb 20 and, despite a slight dip in price, PENDLE has continued to rally to $0.33, its highest price in months, by mid-March 2023. 

What Is PENDLE Used For?

PENDLE is the main platform token of the Pendle Finance ecosystem. Users who choose to stake their PENDLE tokens receive vote-escrowed PENDLE, or vePENDLE, in exchange. These vePENDLE tokens allow users to access new features, such as earning rewards and participating in governance.

Pendle (PENDLE) Tokenomics

PENDLE has a total and max supply of 231,725,335 tokens, with a circulating supply of close to 97 million and a 24-hour trading volume of slightly more than $1 million. 

The tokens are distributed as follows:

  • Circulating: 65.1%
  • Ecosystem Fund: 19.2%
  • Incentives: 10%
  • Team (Vested): 5.7%

Until April 2023, team tokens will gradually become available, and after that, the circulating supply will be boosted by incentives and ecosystem growth. As of October 2022, weekly emissions are at 667,705. However, the emissions will decrease by 1.1% every week until April 2026. Then, a sustainable 2%-per-annum inflation rate will kick in, dedicated to incentives. As the ecosystem evolves, users can participate in governance to propose possible changes and align with the best practices in the industry. 

Who Is the Founder of Pendle (PENDLE)?

Pendle was founded by a group of anonymous individuals who go by the pseudonyms TN Lee, GT, YK and Vu.

Read more: Pendle (PENDLE): Unlocking the Full Potential of the Yield Market

How to Store PENDLE

You can store PENDLE tokens in Trust Wallet, with more options being made available soon.

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Frequently Asked Questions (FAQ)

How much is Pendle today?

As of Apr 6, 2025, the current trading price of Pendle (PENDLE) is $3.06. Over the past 24 hours, the price has ranged between a low of $3.04 and a high of $3.27, accompanied by a trading volume of $78.24M. The overall market capitalization is $495.56M, positioning it at rank #135 among other cryptocurrencies.

How much is one Pendle ?

At this moment, one unit of Pendle is valued at $3.06. Please note that due to market fluctuations, this price may vary throughout the day.

How to invest in Pendle ?

Investing in Pendle begins with comprehensive research into its market performance and potential risks. Start by reviewing its current price of $3.06, along with its recent 24-hour trading range—from $3.04 to $3.27—and its overall market cap of $495.56M. To get started, create a Bybit account, complete Identity Verification Lv. 1, and then deposit funds either via fiat or by transferring another cryptocurrency. After your account is set up and funded, you can navigate to the Bybit trading interface where you can place an order for Pendle. Finally, consider transferring your coins to a secure wallet to ensure their safety.

Where to buy Pendle?

To purchase Pendle on Bybit. You can easily sign up, fund your Bybit account, and start trading, making it easy for both beginners and experienced traders to buy cryptocurrencies. Alternatively, you can just click on the buy/trade button above.

How to buy Pendle?

To buy Pendle on Bybit, start by signing up for an account on the Bybit platform and completing Identity Verification Lv. 1 to comply with KYC requirements. After your account is verified, deposit funds using your preferred method—Bybit supports both fiat deposits (depending on your region) and cryptocurrency transfers. With funds in your account, navigate to the trading section where you can search for Pendle (often listed under its symbol, PENDLE). You can then place an order—choosing either a market order for an immediate purchase at the current price of $3.06 or a limit order if you prefer to set your own price. Once the order is executed, your Pendle will be credited to your Bybit wallet, where you can choose to keep them or transfer them to another secure wallet.

How to sell Pendle?

Selling Pendle on Bybit follows a process similar to buying. Begin by logging into your Bybit account and navigating to the trading interface. Locate Pendle within your portfolio or the market listings. When you are ready to sell, decide whether to use a market order for a quick sale at the prevailing price, or a limit order if you wish to set a specific selling price. Once your order is placed and executed, the funds from the sale will be available in your account. You can then choose to withdraw these funds to your bank account or convert them into another cryptocurrency, according to your investment strategy.

Is Pendle a good investment?

Determining if Pendle is a suitable investment depends on several factors, including your risk tolerance, market research, and long-term financial goals. With a current price of $3.06 and a market capitalization of $495.56M (ranking it at #135), Pendle has demonstrated significant activity. Its 24-hour trading range—from $3.04 to $3.27—and historical performance, highlighted by an all-time high of $7.50 on Apr 11, 2024 and an all-time low of $0.03377729 on Nov 14, 2022, provide valuable context. While these metrics are promising, it is essential to conduct your own research and consider professional financial advice to determine if this asset fits into your portfolio strategy.

How many Pendle are there?

Currently, there are 161.47M units of Pendle in circulation, with a maximum supply capped at 281.53M. These figures are important to consider when evaluating scarcity and potential market dynamics, and they can change over time due to network updates or new coin emissions.

Disclaimer

Investments in cryptocurrencies, including but not limited to purchasing Pendle and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.

Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.

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