Pendle Finance is a permissionless yield-trading protocol in DeFi. It tokenizes and trades yield from assets, offering fixed and leveraged yield exposure without liquidation risk. With the Pendle AMM and vePENDLE, users can execute advanced yield strategies, unlocking the full potential of yield in the decentralized finance ecosystem.
After expanding to BNB chain, Pendle Finance was listed on Binance. As of May 21, 2024, Pendle is trading at $6.08, with a marketcap of $928,478,644. Should you buy Pendle token? Investors wants to know what Pendle’s price prediction is for 2024, 2025 to 2030. Let’s find out.
What is Pendle Finance?
Pendle Finance is a permissionless yield-trading protocol in the decentralized finance (DeFi) space. It allows users to engage in various yield-management strategies by tokenizing and trading yield from yield-bearing assets. Pendle is present over 3 blockchain: ETH, Arbitrum and BSC.
The protocol has three main components:
- Yield Tokenization: Pendle wraps yield-bearing tokens into Standardized Yield Tokens (SY), which are compatible with Pendle’s Automated Market Maker (AMM). SY tokens represent a wrapped version of the underlying yield-bearing token and are split into two components: the Principal Token (PT) and the Yield Token (YT). This process is known as yield-tokenization, where the yield is separated into a distinct token.
- Pendle AMM: The Pendle AMM is the core engine of the protocol. It enables the trading of both the Principal Tokens (PT) and the Yield Tokens (YT). Users can trade these tokens without needing an in-depth understanding of the underlying AMM mechanism.
- vePENDLE: vePENDLE stands for “vested Pendle.” It represents a yield derivative protocol that aims to bring the traditional finance interest derivative market, with a notional value of over $400 trillion, into the realm of decentralized finance. vePENDLE allows users to access and participate in the yield market in DeFi, opening up opportunities for executing advanced yield strategies.
Pendle Finance empowers users to execute various yield strategies, including earning fixed yield on assets like stETH, speculating on the increase in yield by acquiring more yield tokens, and earning additional yield without taking on additional risks by providing liquidity with assets like stETH. The protocol provides a Yield-Trading Handbook to guide users in executing these strategies effectively.
About Pendle
| Attribute | Value |
|---|---|
| Token | PENDLE |
| Rank | #109 |
| Website | pendle.finance |
| Explorers | ETH: 0x808507121b80c02388fad14726482e061b8da827 |
| ARB: 0x0c880f6761f1af8d9aa9c466984b80dab9a8c9e8 | |
| BNB: 0xb3Ed0A426155B79B898849803E3B36552f7ED507 | |
| Whitepaper | Click here |
| Price (PENDLE) | $6.08 |
| Market Cap | $928,478,644 |
| Circulating Supply | 153,894,405 PENDLE |
| Max Supply | 258,446,028 PENDLE |
| Total Supply | 258,446,028 PENDLE |
What is vePendle?
vePENDLE is the governance system of Pendle Finance. It operates by allowing users to lock their PENDLE tokens, with the value of vePENDLE increasing based on the duration of the lock. Over time, the vePENDLE value gradually decays, but users can extend the lock duration to counteract this decay.
vePENDLE holders can utilize their tokens to vote on incentivizing liquidity in specific pools, granting them voting power proportional to their vePENDLE holdings. Voting for a pool entitles the holder to 80% of the swap fees collected by that pool, and they also receive a portion of the protocol’s revenue generated from swap fees and YT fees.
Holders of vePENDLE can participate in voting for incentivizing liquidity in pools across different blockchains, although the voting process itself occurs exclusively on the Ethereum blockchain. By holding vePENDLE, users have the ability to influence the distribution of incentives and earn a share of swap fees and protocol revenue.
When will PENDLE tokens be unlocked?
The unlocking of your PENDLE tokens occurs based on the duration for which you lock them for vePENDLE. The maximum lock duration is 2 years. It’s important to note that each wallet is linked to a single unlock date. If you decide to extend the lock duration or add more PENDLE to your lock, the unlock date will be adjusted for your entire vePENDLE balance.
Pendle Finance Fund Raising
Pendle Finance successfully secured $3.7 million in funding during a Seed round conducted on May 4, 2021. The funding round attracted participation from 23 investors, including notable names such as Lemniscap, Hashkey, CMS Holdings, GBV Capital, The Spartan Group, and others.
How to buy Pendle Finance?
Pendle finance token can be bought from Binance, Kucoin, Uniswap, MEXC and a few more crypto exchanges
Pendle Finance Price Prediction 2024
| When | Maximum Price | Minimum Price |
| May 2024 | $6.699 | $5.583 |
| June 2024 | $7.369 | $6.141 |
| July 2024 | $8.106 | $6.755 |
| August 2024 | $8.916 | $7.430 |
| September 2024 | $9.808 | $8.173 |
| October 2024 | $9.906 | $8.255 |
| November 2024 | $10.897 | $9.081 |
| December 2024 | $11.006 | $9.171 |
As we progress through 2024, PENDLE’s share prices are projected to fluctuate each month. In May, prices are expected to range between $5.583 and $6.699. By June, the prices are anticipated to increase, with a minimum of $6.141 and a maximum of $7.369. July will likely see a further rise, with shares forecasted to vary between $6.755 and $8.106. In August, prices are projected to range from $7.430 to $8.916. September is expected to see prices between $8.173 and $9.808. In October, PENDLE’s share prices are forecasted to fluctuate between $8.255 and $9.906. Moving into November, prices are anticipated to vary from $9.081 to $10.897. Finally, in December, PENDLE’s shares are projected to range from $9.171 to $11.006.
Pendle Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | $11.116 | $8.964 |
| February 2025 | $10.105 | $7.218 |
| March 2025 | $10.307 | $8.312 |
| April 2025 | $9.370 | $6.693 |
| May 2025 | $10.185 | $8.214 |
| June 2025 | $11.204 | $8.003 |
| July 2025 | $10.984 | $8.858 |
| August 2025 | $13.181 | $9.415 |
| September 2025 | $13.313 | $10.736 |
| October 2025 | $12.102 | $8.644 |
| November 2025 | $12.344 | $9.955 |
| December 2025 | $12.468 | $8.906 |
Throughout 2025, PENDLE’s share prices are expected to fluctuate monthly. In January, prices are projected to range from $8.964 to $11.116. February’s range is anticipated to be $7.218 to $10.105. March should see prices between $8.312 and $10.307, and April between $6.693 and $9.370. May’s prices are expected to range from $8.214 to $10.185, and June from $8.003 to $11.204. July should see a range of $8.858 to $10.984, while August is projected between $9.415 and $13.181. September’s prices are expected to vary from $10.736 to $13.313, October from $8.644 to $12.102, November from $9.955 to $12.344, and December from $8.906 to $12.468.
Pendle Finance Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | $13.091 | $10.557 |
| February 2026 | $14.400 | $10.286 |
| March 2026 | $13.191 | $10.657 |
| April 2026 | $15.709 | $11.221 |
| May 2026 | $17.280 | $13.936 |
| June 2026 | $15.709 | $11.221 |
| July 2026 | $12.983 | $10.470 |
| August 2026 | $11.803 | $8.430 |
| September 2026 | $14.753 | $11.898 |
| October 2026 | $18.442 | $13.173 |
| November 2026 | $20.286 | $16.360 |
| December 2026 | $22.720 | $16.229 |
Pendle Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | $24.992 | $20.155 |
| February 2027 | $29.991 | $21.422 |
| March 2027 | $27.264 | $21.987 |
| April 2027 | $29.991 | $21.422 |
| May 2027 | $32.990 | $26.605 |
| June 2027 | $25.377 | $18.126 |
| July 2027 | $20.301 | $16.372 |
| August 2027 | $15.737 | $11.241 |
| September 2027 | $19.672 | $15.864 |
| October 2027 | $24.590 | $17.564 |
| November 2027 | $27.049 | $21.814 |
| December 2027 | $30.295 | $21.639 |
Pendle Price Prediction 2028 to 2030
| When | Maximum Price | Minimum Price |
| January 2028 | $33.324 | $26.874 |
| February 2028 | $29.992 | $21.423 |
| March 2028 | $27.265 | $21.988 |
| April 2028 | $29.992 | $21.423 |
| May 2028 | $25.193 | $20.317 |
| June 2028 | $22.903 | $16.359 |
| July 2028 | $28.628 | $23.087 |
| August 2028 | $36.931 | $26.379 |
| September 2028 | $44.317 | $35.739 |
| October 2028 | $40.288 | $28.777 |
| November 2028 | $40.691 | $32.815 |
| December 2028 | $45.574 | $32.553 |
| January 2029 | $41.094 | $33.140 |
| February 2029 | $48.346 | $34.533 |
| March 2029 | $53.180 | $42.887 |
| April 2029 | $63.310 | $45.221 |
| May 2029 | $68.815 | $55.496 |
| June 2029 | $75.696 | $54.069 |
| July 2029 | $72.092 | $58.139 |
| August 2029 | $60.077 | $42.912 |
| September 2029 | $60.677 | $48.933 |
| October 2029 | $75.847 | $54.176 |
| November 2029 | $77.364 | $62.390 |
| December 2029 | $78.911 | $56.365 |
| January 2030 | $76.605 | $61.778 |
| February 2030 | $78.137 | $55.812 |
| March 2030 | $75.132 | $60.590 |
| April 2030 | $62.610 | $44.721 |
| May 2030 | $63.862 | $51.502 |
| June 2030 | $58.057 | $41.469 |
| July 2030 | $75.473 | $60.866 |
| August 2030 | $76.228 | $54.449 |
| September 2030 | $63.862 | $51.502 |
| October 2030 | $76.635 | $54.739 |
| November 2030 | $72.985 | $58.859 |
| December 2030 | $66.350 | $47.393 |
Pendle Finance Price Prediction (in INR)
|
Year WISE
(in INR) |
Maximum Price | Minimum Price |
| 2026 | ₹1,891.94 | ₹701.99 |
| 2027 | ₹2,747.18 | ₹936.07 |
| 2028 | ₹3,795.08 | ₹1,362.25 |
| 2029 | ₹6,571.08 | ₹2,759.63 |
| 2030 | ₹6,506.62 | ₹3,453.21 |
FAQs
Will Pendle reach 10USD?
Pendle may reach 10USD in November 2024.
What is Pendle Price prediction for 2025?
Pendle may be very bullish in 2025. As per our analysis, Pendle token may trade in between $6.693 and $13.181 in 2025.
What is Pendle Price prediction for 2030?
As per our analysis, Pendle token may trade in between $41.469 and $78.137 in 2030.
What is the current marketcap of Pendle?
Current marketcap of Pendle is $928,478,644.
What is the TVL of Pendle.finance?
As of May 21, 2024, Pendle Finance stands at a TVL of $5.791 billion.
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Conclusion
Pendle Finance presents a promising venture within the decentralized finance (DeFi) space, offering innovative solutions for yield-trading protocols. With its recent expansion to the BNB chain and listing on Binance, Pendle has demonstrated its commitment to growth and accessibility. The comprehensive yield tokenization process, Pendle AMM, and vePENDLE governance system provide users with a strong platform to explore various yield strategies effectively. Despite the inherent volatility of cryptocurrency markets, Pendle’s trajectory showcases potential for substantial growth, making it an intriguing prospect for investors seeking opportunities in the evolving landscape of DeFi.
If I were to buy Pendle, I would not invest more than 0.05% of my portfolio.
