Pendle (PENDLE)
Total Value Locked$2.369b
| Plasma | $901.11m |
|---|---|
| Ethereum | $873.94m |
| Arbitrum | $461.83m |
| Hyperliquid L1 | $89.98m |
| BSC | $22.79m |
| Base | $17.79m |
| Sonic | $1.63m |
| Mantle | $170,999 |
| Berachain | $52,686 |
| Avalanche | $52,279 |
| OP Mainnet | $17,937 |
| Include in TVL (optional) | |
|---|---|
| $106.47m | |
| $572,871 |
| Market Cap | $191.65m |
|---|---|
| $1.16 | |
| Fully Diluted Valuation | $328.19m |
| $30.99m | |
| Staked | $106.47m |
| (55.56% of mcap) | |
| $26.18m | |
| $12.51m | |
| $12.39m | |
| 605 | |
| $3.7m | |
Protocol Information
Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.
Category:Yield
Development Activity
(updated at 16/06/25)
Weekly commits: 10
Monthly commits: 52
Weekly developers: 4
Monthly developers: 9
Last commit: 8 months ago (2025-06-16)
Methodology
TVL: V1 TVL counts the collateral backing the yield tokens and USDC in the pendle markets, plus staked OT liquidity, and SLP/JLP staked in masterchef. Staking TVL is just staked PENDLE on 0x07282F2CEEbD7a65451Fcd268b364300D9e6D7f5. Pool2 refers to the Pe,P pool on mainnet, and Pa,P pool on avax.
Fees: Total yield from deposited assets + trading fees paid by yield traders.
Revenue: Sum of 5% fee from all yield + points accrued and 80% trading fees.
Addresses: This only counts users that interact with protocol directly (so not through another contract, such as a dex aggregator), and only on arbitrum, avax, bsc, ethereum, xdai, optimism, polygon.