Pendle has emerged as a pioneering force in the decentralized finance (DeFi) ecosystem, offering innovative solutions for yield tokenization and interest rate markets. As of the latest update on July 4, 2025, Pendle (PENDLE) is trading at $3.38 CNY**, with a market capitalization of **$556.86 million. Over the past 24 hours, the cryptocurrency recorded a modest price increase of +0.35%, supported by a trading volume of $40.33 million—indicating sustained market activity and investor engagement.
This comprehensive guide explores Pendle’s current market performance, historical price movements, core technology, and future outlook—all tailored to help both new and experienced investors understand its potential within the evolving crypto landscape.
Current Market Overview
Pendle’s real-time market data reflects its growing relevance in the DeFi sector:
- Current Price: $3.38 CNY
- Market Cap: $556.86M
- Fully Diluted Valuation: $556.86M
- 24h Trading Volume: $40.33M
- Volume-to-Market Cap Ratio: 7.24%
- 24h High / Low: $3.66 / $3.46
- All-Time High (ATH): $7.52 (April 11, 2024)
- All-Time Low (ATL): $0.03349 (November 9, 2022)
- Circulating Supply: 164,635,980 PENDLE
- Total Supply: 281,527,448.46 PENDLE
Pendle is built on the Arbitrum network, with its smart contract address being 0x0c88...9a8c9e8. It is also valued against major cryptocurrencies: approximately 0.0003102 BTC and 0.001324 ETH per PENDLE.
👉 Discover how Pendle integrates with leading DeFi protocols to unlock yield opportunities.
What Is Pendle (PENDLE)?
Pendle is a decentralized protocol designed to tokenize future yield streams from various digital assets, including Bitcoin and Ethereum. By separating ownership of an asset from its yield, Pendle enables users to trade, hedge, or leverage anticipated returns—offering greater flexibility in managing crypto portfolios.
Core Features
Yield Tokenization: Users can lock yield-generating assets (e.g., staked ETH, liquidity pool tokens) and receive two types of tokens:
- Principal Tokens (PT): Represent the underlying asset.
- Yield Tokens (YT): Represent the right to future yield.
- Trading Markets: PTs and YTs are tradable on Pendle’s AMM, allowing speculation on interest rate changes or hedging strategies.
- Smart Contract Security: All operations are executed via audited smart contracts, ensuring transparency and immutability.
- Cross-Chain Support: Currently active on Arbitrum, with plans to expand across multiple Layer 2 networks.
This mechanism appeals to yield farmers, traders, and institutional investors seeking more sophisticated financial instruments in DeFi.
Historical Price Performance
Understanding Pendle’s price trajectory helps assess its volatility and long-term potential.
| Period | Change (%) | Low | High |
|---|---|---|---|
| 24 Hours | +0.35% | $3.46 | $3.66 |
| 7 Days | -8.55% | $3.12 | $4.00 |
| 30 Days | -18.52% | $3.12 | $4.71 |
| 90 Days | +21.94% | $2.39 | $4.71 |
| 1 Year | -39.72% | $1.84 | $7.13 |
| All Time | +80.19% | $0.033 | $7.52 |
Over the past year, Pendle experienced significant volatility, peaking near $7.52 before correcting due to broader market trends. Despite a current decline of 55% from its ATH, the asset remains up over 10,000% from its ATL, reflecting strong foundational growth since launch.
Key Factors Influencing Pendle’s Price
Several dynamics shape PENDLE’s market value:
- Market Demand for Yield Products: As DeFi matures, demand for structured yield instruments grows.
- Adoption by Major Protocols: Integration with platforms like Lido, Aave, or Rocket Pool boosts utility.
- Macro Crypto Trends: Bitcoin halvings, ETH staking yields, and regulatory clarity impact investor sentiment.
- Protocol Upgrades: New features like improved AMM curves or cross-chain bridges can drive interest.
- Community Sentiment & Governance Participation: Active governance often signals healthy ecosystem development.
👉 Explore how Pendle compares to other yield-focused DeFi projects in performance and innovation.
Frequently Asked Questions (FAQ)
What is Pendle’s highest price ever?
Pendle reached its all-time high of $7.52 on April 11, 2024. This surge coincided with increased DeFi activity and growing interest in yield-trading protocols during that period.
What was Pendle’s lowest recorded price?
The lowest price was $0.03349, recorded on November 9, 2022—shortly after its initial launch when market awareness was limited.
How can I buy Pendle?
You can purchase PENDLE on major cryptocurrency exchanges that support Arbitrum-based tokens. The process typically involves creating an account, completing KYC verification, depositing funds (via fiat or crypto), and placing a trade order.
Is investing in Pendle risky?
Yes. Like all cryptocurrencies, Pendle carries risks such as market volatility, smart contract vulnerabilities, regulatory uncertainty, and shifts in investor sentiment. Always conduct independent research before investing.
Can I earn passive income with Pendle?
Absolutely. By locking yield-bearing assets into Pendle’s vaults, users can generate income through trading fees and incentives. Additionally, selling YT tokens allows immediate monetization of future yield.
What affects Pendle’s price in the short term?
Short-term fluctuations are driven by trading volume, news about partnerships or upgrades, broader market movements (e.g., BTC/ETH trends), and speculative trading behavior.
Future Outlook & Price Predictions
While no prediction is guaranteed, analysts use historical data and market trends to estimate potential trajectories:
- By 2026: Some models project PENDLE could reach $4.33, representing a ~28% increase from current levels.
- By 2031: Long-term forecasts suggest a possible price of $10.62, implying a cumulative return of over +211% if adoption accelerates and DeFi expands globally.
Success will depend on continued protocol innovation, user growth, and integration with emerging DeFi trends like restaking and modular finance.
👉 Stay ahead with real-time alerts and advanced analytics for PENDLE and other top DeFi tokens.
Final Thoughts
Pendle stands at the forefront of a new wave of financial innovation in blockchain—transforming static yields into dynamic, tradable assets. While its price has seen ups and downs typical of high-growth crypto projects, the underlying technology offers tangible utility in today’s complex DeFi environment.
Whether you're a yield optimizer, trader, or long-term believer in decentralized finance, monitoring Pendle’s developments could provide valuable insights into the future of digital asset management.
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