PENDLE Exchange

Looking to exchange PENDLE? Swapzone compares live offers from 18+ partners by rate

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PENDLE^ETH

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Pendle Market Data & Key Metrics

Price

$ 2.26

24h % price

-7.56%

7d % price

-3.75%

Market Cap

$ 392,171,025.45

24h volume

$ 49,753,066.66

Coin supply

281,527,448.459

Popular PENDLE Exchange Pairs

Échanger PENDLE contrePairsStatus

Bitcoin

pendle / btc

Active

Ethereum

pendle / eth

Active

Monero

pendle / xmr

Active

ZCash

pendle / zec

Active

Litecoin

pendle / ltc

Active

XRP

pendle / xrp

Active

Tether

pendle / usdt

Active

Stellar

pendle / xlm

Active

TRON

pendle / trx

Active

USD Coin

pendle / usdc

Active

Other Cryptocurrencies to Exchange

Popular Alternatives to Buy

Bitcoinbtc Cardanoada Ethereumeth GRAMton Litecoinltc Moneroxmr Pirate Chainarrr Solanasol Stellarxlm Tetherusdt TRONtrx USD Coinusdc USDCEusdceop XRPxrp ZCashzec

What is PENDLE?

About Pendle

PENDLE is the governance and incentive token of Pendle Finance

PENDLE tokenomics

Pendle has no hard cap. Its weekly emission schedule deliberately decreased 1.1% per week from launch through April 2026

What determines PENDLE's value

PENDLE's demand flows from Pendle Finance's position as the largest yield derivatives venue in DeFi — the protocol held approximately $1.5 billion in TVL in Q1 2026

How to Exchange Pendle on Swapzone

Select a pair to exchange

Choose PENDLE as the asset you send

Choose the best offer

Compare PENDLE offers by rate

Enter receiving wallet address

Paste a standard Ethereum 0x wallet address that supports ERC-20 tokens

Send deposit to generated address

Send the exact PENDLE amount to the generated deposit address on the network the partner specifies. Do not confuse PENDLE with sPENDLE

Watch your exchange complete

Follow the order status on the Swapzone page. The swap completes after the partner confirms your deposit and sends the asset you chose to your wallet.

How to Choose the Best Pendle Exchange

Swapzone shows every live PENDLE offer in one list

By best rates

By the highest transaction speed

By best rating

PENDLE is a mid-cap token

Pendle (PENDLE) Price Analysis

PENDLE's price context is protocol fees against terminal inflation. sPENDLE stakers receive rewards funded by open-market buybacksNo prediction is certain. Regulatory changesDisclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and trading carries substantial risk of loss. Past performance is not indicative of future results.

Frequently Asked Questions About Pendle (PENDLE)

What are PT and YT tokens? dropdown

Pendle splits a yield-bearing asset into a Principal Token

What is sPENDLE? dropdown

A liquid staking token launched in January 2026 that replaces vePENDLE. It has a 14-day withdrawal period instead of multi-year locks

What happened to vePENDLE? dropdown

sPENDLE staking went live on January 20

Does PENDLE have a maximum supply? dropdown

No hard cap. Emissions fell 1.1% a week until April 2026

How much PENDLE is circulating? dropdown

About 173.6 million as of October 2026

How do buybacks reward stakers? dropdown

Protocol fees fund open-market PENDLE purchases that pay sPENDLE stakers

How big is Pendle? dropdown

About $1.5 billion in TVL in Q1 2026

What did the January 2026 emissions change do? dropdown

An algorithmic emissions model is expected to cut overall emissions by about 30% and send incentives to pools with real demand

What is Boros? dropdown

A Pendle product targeting the $63 billion perpetuals open-interest market with funding-rate derivatives. Pendle held only 0.1% of that category in late 2025

What are the main risks specific to PENDLE? dropdown

Dependence on yield-bearing assets such as Ethena's sUSDe

How do I exchange PENDLE on Swapzone? dropdown

Open swapzone.io/exchange/pendle