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Pendle PENDLE |
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$3.6 |
2.11 % (24h) |
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Marketcap |
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$582,965,907 |
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Volume 24h |
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$48,840,332 |
Description
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to tokenize and trade future yield from various assets.
Launched in 2021, Pendle allows users to separate the ownership of an asset from its future yield, creating unique financial products that can be traded or utilized in other DeFi protocols.
PENDLE, the platform's native token, is used for governance, staking, and fee payments.
Pendle aims to unlock new financial opportunities by providing innovative ways to manage and trade yield-bearing assets.