Pendle
Market Open
13 Sep, 07:19
$
2. 132600
-0.0591
-2.6965%
$
180,370 Volume
$ 2.1917
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PENDLEUSD Overview
PENDLEUSD denotes the market price of Pendle (PENDLE) expressed in US dollars. It shows how much one unit of the PENDLE token is worth in USD at a given moment and is used as a reference for trading, valuation, and portfolio reporting.
Pendle is a blockchain-native token and governance/utility asset associated with the Pendle protocol, a decentralized finance platform focused on tokenizing and trading future yield. The token was introduced in the DeFi wave of the early 2020s and was developed by the Pendle protocol team. PENDLE is an ERC-20 asset with protocol-level utility, governance rights, and defined tokenomics that govern distribution and incentives.
The PENDLEUSD price emerges from market forces across spot venues and decentralized exchanges. Liquidity, order flow, yield dynamics on underlying protocols, trader sentiment, and broader macroeconomic conditions all influence valuation. Price discovery is achieved through matching of buy and sell orders and arbitrage between venues.
For traders and investors, PENDLEUSD provides a USD-denominated measure for evaluating exposure to Pendle’s tokenized yield mechanics. It facilitates spot trading, hedging, portfolio allocation, and cross-asset comparisons within crypto and fiat frameworks.
Like many DeFi tokens, PENDLE can exhibit elevated volatility and liquidity may vary by exchange, so execution costs and market impact should be considered.
Pendle is a blockchain-native token and governance/utility asset associated with the Pendle protocol, a decentralized finance platform focused on tokenizing and trading future yield. The token was introduced in the DeFi wave of the early 2020s and was developed by the Pendle protocol team. PENDLE is an ERC-20 asset with protocol-level utility, governance rights, and defined tokenomics that govern distribution and incentives.
The PENDLEUSD price emerges from market forces across spot venues and decentralized exchanges. Liquidity, order flow, yield dynamics on underlying protocols, trader sentiment, and broader macroeconomic conditions all influence valuation. Price discovery is achieved through matching of buy and sell orders and arbitrage between venues.
For traders and investors, PENDLEUSD provides a USD-denominated measure for evaluating exposure to Pendle’s tokenized yield mechanics. It facilitates spot trading, hedging, portfolio allocation, and cross-asset comparisons within crypto and fiat frameworks.
Like many DeFi tokens, PENDLE can exhibit elevated volatility and liquidity may vary by exchange, so execution costs and market impact should be considered.
PENDLEUSD Chart
Analyzing PENDLE's latest breakout after new updates fuel price rally
PENDLE's breakout odds could have several catalysts.
Ambcrypto | 4 days ago
Pendle becomes second-largest protocol on XLayer by TVL in under a month
Pendle's rapid growth on XLayer highlights the potential for strategic DeFi integrations to significantly impact network liquidity dynamics. Pendle becomes second-largest protocol on XLayer by TVL in under a month.
Cryptobriefing | 5 days ago
Why PENDLE crypto could rally another 12% if THESE signals hold
PENDLE's rally isn't over as investors are likely to keep fueling the market, data shows.
Ambcrypto | 6 days ago
PENDLEUSD FAQ
What is the current Pendle price?
The current price is $2.132600, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0591 (-2.6965%), showing how much the asset has moved compared to the previous close.
What is the previous close for Pendle?
The previous close was $2.191700, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-2.6965%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($2.133000) and highest ($2.210900) prices traded during the selected period, helping assess volatility.
Why is Pendle (PENDLE) moving today?
Price movements in Pendle are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($2.132600) is below the previous close ($2.191700), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Pendle?
You can view real-time charts, price updates, and market data for Pendle (PENDLE) directly on this page.
