Pendle PENDLE
Rank #134 by market cap
Last 7 days
CM Profile: Pendle
Cryptominium Profile. What we have established, measured and written about PENDLE, and what we have not.
- Measured
- Selling $100,000 on 2 exchange order books lost between 0.53% and 0.78%, on 3 November 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
- Not established
- What an on-chain sale would return on Base, BNB Chain and Ethereum. It trades mostly off-chain there, so we do not measure it on-chain.
- 7 of its chains are not among the 3 we read.
- Whether it can be held without a company. We have no sourced answer yet.
- 5 other questions about what it can do have no written answer. Some may not apply to it.
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold PENDLE. How each part is worked out
What changed
Week to 3 November- Price down 12.0% since 27 October.
- On Coinbase, $100,000 now costs 0.78% to sell, against 0.38% over the previous month.
The price fell and selling got more expensive.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell PENDLE
Selling $100,000 of PENDLE into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken PENDLE/USD | 0.53% | $99,472 | 2026-11-03 |
| Coinbase PENDLE/USD | 0.78% | $99,225 | 2026-11-03 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps PENDLE on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What Pendle is
Pendle is a protocol that enables the tokenization and trading of future yield. It is built around a purpose-made automated market maker designed to support assets whose value decays over time, giving users a way to separate, trade, and gain optionality over yield that has not yet been earned.
The core mechanism is tokenizing a yield-bearing position into separate claims on principal and future yield. This lets a holder trade or hedge the yield component independently of the underlying asset, and lets others take positions on where that yield is headed, all routed through an AMM built specifically to handle the fact that a yield claim's value erodes as it approaches maturity.
This is a mechanism for structuring and trading yield, not a yield-bearing asset itself, a lending market, or a stablecoin — whatever returns exist come from the underlying positions users create, not from the protocol issuing them. It is categorized by CoinGecko across several overlapping tags — DEX, DeFi, AMM, derivatives, yield farming — which signals a product that sits at the intersection of these categories rather than fitting neatly into one. It is deployed across a wide set of chains, including Ethereum, Arbitrum, Base, BNB Chain, Optimism, and several newer or less-established networks; breadth of deployment says nothing about depth of usage or liquidity on any single one of them. The source material describes what the protocol does mechanically; it says nothing about who built it, when it launched, or how its token accrues value, and none of that should be inferred.
What Pendle can do
Selling $100,000 on Kraken lost 0.53% against the mid price, before trading fees. Check your own amount →
Our own measurement · measured 3 November 2026
PENDLE can be staked one for one into sPENDLE, which shares in the PENDLE the protocol buys back with its fees, provided the holder votes when a proposal is open. Unstaking takes 14 days, or is immediate for a 5% fee.
Source: Pendle docs: sPENDLE · checked 2 October 2026
PENDLE has no fixed total. New tokens are issued as incentives, at a rate the docs set at 2% a year from April 2026, and they say governance may propose changes.
Source: Pendle docs: tokenomics · checked 2 October 2026
What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up
Where PENDLE lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Pendle data synced 81s ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell PENDLE.