Pendle (PENDLE) Price, About, Market Cap & FAQ
Live Pendle (PENDLE) price, market cap, tokenomics & original About overview, order flow chart, liquidation heatmap, and PENDLE FAQ.
About Pendle (PENDLE)
- Category: DeFi
- Launch Year: 2021
- Consensus: DeFi Yield Tokenization Protocol
- Supply Model: 258,446,028 PENDLE
- Network: Yield-Trading DeFi Protocol
Pendle (PENDLE) is a DeFi crypto asset launched in 2021 operating on Yield-Trading DeFi Protocol architecture. Designed as a premier DeFi interest-rate derivatives protocol splitting yield-bearing assets into Principal (PT) and Yield (YT) tokens, the network secures state transitions through DeFi Yield Tokenization Protocol.
From a tokenomics standpoint, PENDLE manages issuance via vePENDLE vote-escrow directs pool incentives and shares swap and YT fee revenue, with a supply profile defined by 258,446,028 PENDLE. Primary ecosystem demand comes from fixed-yield defi locking (pt), leveraged points & yield (yt), ethena & lrt integration, connecting network usage to token velocity and staking lockups.
On derivatives and market structure desks, traders track PENDLE liquidity depth, spot-vs-perp funding rate APR spreads, and multi-timeframe RSI momentum alongside correlated DeFi peers (ENA, LDO, EIGEN, AAVE) to gauge capital rotation.
Compare PENDLE 24h volume turnover, RSI momentum, and funding APR against ENA and LDO to identify relative-strength breakouts or overcrowding.
Frequently Asked Questions
What is Pendle (PENDLE) and how does its network work?
Pendle (PENDLE) is a DeFi crypto asset launched in 2021 operating on Yield-Trading DeFi Protocol architecture. Designed as a premier DeFi interest-rate derivatives protocol splitting yield-bearing assets into Principal (PT) and Yield (YT) tokens, the network secures state transitions through DeFi Yield Tokenization Protocol. Launched in 2021, PENDLE operates in the DeFi crypto sector.
What is Pendle (PENDLE) max supply and consensus mechanism?
Pendle relies on DeFi Yield Tokenization Protocol consensus with a supply profile defined by 258,446,028 PENDLE. From a tokenomics standpoint, PENDLE manages issuance via vePENDLE vote-escrow directs pool incentives and shares swap and YT fee revenue, with a supply profile defined by 258,446,028 PENDLE. Primary ecosystem demand comes from fixed-yield defi locking (pt), leveraged points & yield (yt), ethena & lrt integration, connecting network usage to token velocity and staking lockups.
What is the live PENDLE price and market capitalization today?
According to live exchange feeds on TraderMap, Pendle (PENDLE) trades around live market price. Use the built-in converters to check PENDLE to USD, EUR, or GBP rates instantly.
How do traders analyze PENDLE liquidations and perpetual funding rates?
Compare PENDLE 24h volume turnover, RSI momentum, and funding APR against ENA and LDO to identify relative-strength breakouts or overcrowding. On TraderMap, you can inspect 5x–100x leverage clusters, Open Interest changes, and whale prints for PENDLE.
What are the core utility and ecosystem use cases of PENDLE?
Primary demand drivers for PENDLE include Fixed-Yield DeFi Locking (PT), Leveraged Points & Yield (YT), Ethena & LRT Integration. Traders also benchmark PENDLE momentum against ENA, LDO, EIGEN, AAVE.