Pendle Price
pendle
Price Statistics
PENDLE Live Price Summary
As of May 5, 2026, the total market cap is $317.99M with a change of +18.74% in the last 24 hours. The price of PENDLE today is $1.87. The 24 hour trading volume is $148.47M. The circulating supply of PENDLE is 169.68M with a maximum supply of --. PENDLE ranks 144 by market cap. The highest price in the last 24 hours is $1.87. The lowest price in the last 24 hours is $1.57.
Pendle price analysis by TradeGPT
- Pendle benefits from a recovery in macro risk appetite and the RWA sector's thematic-driven rally, showing a short-term increase in both price and volume, maintaining a strong pattern.
- The current $1.
- 51–$1.
- 56 range forms effective support, while $1.
- 636 is a key resistance level.
- A breakout with volume could target medium-term objectives of $1.
- 68 and $2.
- 35.
- In the mid to long term, the platform's all-time high TVL, accumulation of RWA assets, and continued innovation in risk-management products further reinforce its positioning as a real yield distribution platform.
- In the short term, it is recommended to monitor resistance breakouts and volume confirmation; for long-term holdings, focus on RWA penetration and product evolution, watch for allocation opportunities, and adjust positions dynamically.
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Pendle News
Williams: The long-term federal funds rate may be around 3%.
Williams says the neutral interest rate may be higher than recent low readings.
Nagel: If inflation outlook does not improve, rate hike possible in June
Eurozone: Higher inflation and ECB hikes support the Euro – BNP Paribas
What Can You Do With Pendle?
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.
View More
Frequently Asked Questions about PENDLE(Pendle)
- As of May 5, 2026, Pendle (PENDLE) is trading at $1.87.
- In the last 24 hours, the lowest price is $1.57, and the highest price is $1.87, with a trading volume of $148.47M.
- The market cap is $317.99M, ranking it #144 among all cryptocurrencies.
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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Price History (USD)
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