Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.
Pendle (PENDLE) is a decentralized finance protocol that provides financial services without traditional intermediaries like banks. It is currently ranked #147 by market capitalization, trading at $1.42 with a total market cap of $243.58M.
Pendle leads the yield derivatives category with $1.5 billion in TVL as of April 2026, representing an 89% decline from the $13.4 billion September 2025 peak and reaching multi-year lows despite institutional validation signals and aggressive cross-chain expansion. Trading at $1.34 with $36 million in daily volume, PENDLE shows modest 8% recovery from March lows but remains down 80% from the $6.85 peak, reflecting persistent DeFi deleveraging and severe revenue compression. The protocol enables...
$1.42
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
Cycle Potential
0x
vs. bull target
Probability
0%
Success chance
Risk Level
0/10
Low Risk
Market Cap
$243.58M
Volume
$32.17M
Circulating Supply
171.01M
39.3% not yet in circulation
Total Supply
281.53M
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