Pendle

Pendle Price

pendle

$2.43arrow+0.83%
24H
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$--
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Last updated: 2025-12-07 01:00:48

Price Statistics

Market Cap
399.31M
24H Volume
--
All-Time High
7.50
Circulating Supply
164.28M

How do you feel about Pendle today?

PENDLE Live Price Summary

As of 7 Des 2025, the total market cap is $399.31M with a change of +1.18% in the last 24 hours. The price of PENDLE today is $2.43. The 24 hour trading volume is $--. The circulating supply of PENDLE is 164.28M with a maximum supply of 281.53M. PENDLE ranks 175 by market cap. The highest price in the last 24 hours is $2.45. The lowest price in the last 24 hours is $2.38.

What Is the Highest Price of PENDLE?

The highest price of PENDLE is recorded on 11 Apr 2024, with an all time low of $7.50.

What Is the Lowest Price of PENDLE?

The lowest price of PENDLE is recorded on 15 Nov 2022, with an all time low of $0.03377729.

 

Price History (USD)

What Can You Do With Pendle?

Trade on Our Spot Market

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Convert Your Crypto

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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
Earn

Crypto Pre-Market Listings

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

Crypto Pre-market Listings
Trade Now

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
Earn

Crypto Pre-Market Listings

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

Crypto Pre-market Listings
Trade Now

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 7 Des 2025, Pendle (PENDLE) is trading at $2.43.

In the last 24 hours, the lowest price is $2.38, and the highest price is $2.45, with a trading volume of $--.

The market cap is $399.31M, ranking it #175 among all cryptocurrencies.

How much is one Pendle ?

One Pendle is $2.43.

The price may change throughout the day due to market volatility.

How to invest in Pendle ?

Start by checking the price of Pendle, see the 24 hour trading price from $2.38 to $2.45 and the total market cap of $399.31M. To start trading, create a Bybit account and complete Identity Verification Lv.1. Deposit via fiat or crypto. Once done, go to the Pendle trading page to place an order.

Where to buy Pendle?

You can buy Pendle on Bybit. Sign up, fund your account, and start trading. You can also click the buy/trade button above.

How to buy Pendle?

Sign up on Bybit and complete Identity Verification Lv.1. Deposit funds via fiat or crypto. Go to the trading page and search for Pendle or PENDLE. Place a market order to buy at the current price of $2.43, or set a limit order of your targeted price. Once done, Pendle will appear in your Bybit wallet.

How to sell Pendle?

Log in to your Bybit account and go to the trading page. Type Pendle into the search bar. Choose the trading pair you would like to transact. Place a market order to sell instantly, or set a limit order at your targeted selling price. Once sold, the funds will appear in your account. You can withdraw them or convert to another crypto.

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 $2.43 and a market capitalization of $399.31M (ranking it at #175), Pendle has demonstrated significant activity. Its 24-hour trading range—from $2.38 to $2.45—and historical performance, highlighted by an all-time high of $7.50 on 11 Apr 2024 and an all-time low of $0.03377729 on 15 Nov 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?

There are currently 164.28M Pendle in circulation. The max supply is capped at 281.53M.

 

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.

For comprehensive details, please review Bybit’s Terms of Service.

Pendle Resources

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