PENDLE Live Price Summary
As of July 2, 2025, Pendle (PENDLE) is trading at $3.37, with a 24-hour trading volume of undisclosed value. Key metrics:
- Market Cap: $553.94M (Rank #143)
- Circulating Supply: 164.71M PENDLE
- Max Supply: 281.53M PENDLE
- 24H Price Range: $3.26 (low) to $3.48 (high)
- 24H Change: -3.12%
Historical Price Performance
All-Time High (ATH)
PENDLE peaked at $7.50 on April 11, 2024.
All-Time Low (ATL)
The lowest recorded price was $0.03377729 on November 15, 2022.
What Is Pendle?
Pendle is a DeFi yield trading protocol on Ethereum that enables users to tokenize and trade future yield from yield-generating assets. It splits assets into:
- Principal Tokens (PT): Represents the base value.
- Yield Tokens (YT): Represents future yield rights, tradable separately.
👉 Discover how Pendle revolutionizes yield farming
Pendle (PENDLE) Price History
- Launch: April 28, 2021 ($1.80).
- 2021 Volatility: Peaked at $2.45 (May 2021), then fluctuated between $0.30–$1.27.
- 2022 Bear Market: Dropped to $0.04 post-Terra crash.
- 2023 Recovery: Surged to $0.33 by March 2023.
PENDLE Token Utility
- Staking: Stake PENDLE to earn vePENDLE (vote-escrowed tokens).
- Governance: vePENDLE holders participate in platform decisions.
- Rewards: Earn yields from ecosystem incentives.
Pendle Tokenomics
| Category | Distribution |
|---------------------|------------------|
| Circulating Supply | 65.1% (164.71M) |
| Ecosystem Fund | 19.2% |
| Incentives | 10% |
| Team (Vested) | 5.7% |
Total Supply: 231,725,335 PENDLE.
Emissions: Weekly reductions until 2026, then 2% annual inflation.
Pendle Founders
Anonymous team led by pseudonymous developers: TN Lee, GT, YK, and Vu.
How to Store PENDLE
Recommended wallets:
- Trust Wallet (Mobile).
- Ledger (Hardware wallet for enhanced security).
👉 Secure your PENDLE with trusted wallets
Frequently Asked Questions (FAQ)
1. What is Pendle’s current price?
As of July 2025, PENDLE trades at **$3.37**, with a 24H range of $3.26–$3.48.
2. How do I invest in Pendle?
- Sign up on an exchange like Bybit.
- Complete KYC verification.
- Deposit funds (fiat/crypto).
- Trade PENDLE via spot or futures markets.
3. Is Pendle a good investment?
PENDLE offers exposure to DeFi yield innovations but carries volatility risks. Research historical trends (ATH: $7.50; ATL: $0.03) and project updates before investing.
4. Where can I buy Pendle?
Available on Bybit and other major exchanges.
5. What’s Pendle’s max supply?
281.53M PENDLE (currently 164.71M in circulation).
Key Takeaways
- Pendle enables yield tokenization for flexible DeFi strategies.
- Price fluctuates with market sentiment but shows recovery potential.
- Governance and staking incentivize long-term holding.
For real-time updates, monitor PENDLE’s price on trusted platforms.