Pendle Finance Token Price Prediction 2023, 2024, 2025 to 2030
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 2 days back, Pendle Finance was listed on Binance. As of August 3, 2023, Pendle is trading at $0.717, with a marketcap of $145,468,215. Should you buy Pendle token? Investors wants to know what is Pendle’s price prediction for 2023, 2024, 2025 to 2030. Let’s find out.
What we are going to learn?
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
| Pendle.Finance | Value |
|---|---|
| Token | PENDLE |
| Rank | #234 |
| Website | pendle.finance |
| Explorers | ETH: 0x808507121b80c02388fad14726482e061b8da827 ARB: 0x0c880f6761f1af8d9aa9c466984b80dab9a8c9e8 BNB: 0xb3Ed0A426155B79B898849803E3B36552f7ED507 |
| Whitepaper | Click here |
| Price (PENDLE) | $0.717 |
| Market Cap | $145,468,215 |
| Circulating Supply | 202,943,672 PENDLE |
| Circulating Supply % | 80.83% |
| Max Supply | 251,061,124 |
| Total Supply | 231,725,335 |
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 2023
| When | Maximum Price | Minimum Price |
| August 2023 | $1.14 | $0.54 |
| September 2023 | $0.83 | $0.40 |
| October 2023 | $1.16 | $0.88 |
| November 2023 | $1.38 | $1.15 |
| December 2023 | $1.66 | $1.38 |
With current marketcap of $145,468,215, Pendle token is trading at 0.71USD. As per our prediction, maximum Pendle Price prediction for 2023 is $1.66. Pendle is expected to stay bearish for the next two months, and then turn bullish in the last quarter of this year. By December 2023, Pendle token is expected to trade in between 1.38USD and 1.66USD. Looking at onchain analysis, there are about 11500 holders of Pendle token across all the 3 chains, excluding those holding on different centralised exchanges.
Pendle Finance Price Prediction 2024
| When | Maximum Price | Minimum Price |
| January 2024 | $2.21 | $1.84 |
| February 2024 | $2.49 | $2.07 |
| March 2024 | $2.93 | $2.44 |
| April 2024 | $2.34 | $1.95 |
| May 2024 | $1.95 | $1.63 |
| June 2024 | $1.39 | $1.16 |
| July 2024 | $1.67 | $1.39 |
| August 2024 | $1.87 | $1.56 |
| September 2024 | $1.97 | $1.64 |
| October 2024 | $2.26 | $1.88 |
| November 2024 | $2.83 | $2.36 |
| December 2024 | $3.39 | $2.83 |
Pendle is expected to trade in between $1.16 and $3.39 in 2024.
Pendle Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | $3.90 | $3.15 |
| February 2025 | $4.59 | $3.28 |
| March 2025 | $5.74 | $4.63 |
| April 2025 | $6.83 | $4.88 |
| May 2025 | $7.42 | $5.99 |
| June 2025 | $8.91 | $6.36 |
| July 2025 | $8.48 | $6.84 |
| August 2025 | $10.18 | $7.27 |
| September 2025 | $12.72 | $10.26 |
| October 2025 | $15.90 | $11.36 |
| November 2025 | $20.52 | $16.55 |
| December 2025 | $28.72 | $20.52 |
Minimum Pendle finance token price prediction for 2025: $3.15
Maximum Pendle finance token price prediction for 2025: $28.72
Pendle Finance Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | $34.47 | $27.80 |
| February 2026 | $27.58 | $19.70 |
| March 2026 | $21.21 | $17.11 |
| April 2026 | $15.91 | $11.36 |
| May 2026 | $11.77 | $9.49 |
| June 2026 | $9.06 | $6.47 |
| July 2026 | $7.24 | $5.84 |
| August 2026 | $5.62 | $4.01 |
| September 2026 | $7.02 | $5.66 |
| October 2026 | $8.78 | $6.27 |
| November 2026 | $9.65 | $7.78 |
| December 2026 | $10.81 | $7.72 |
Pendle Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | $12.97 | $10.46 |
| February 2027 | $10.38 | $7.41 |
| March 2027 | $7.98 | $6.44 |
| April 2027 | $6.79 | $4.85 |
| May 2027 | $5.70 | $4.60 |
| June 2027 | $4.38 | $3.13 |
| July 2027 | $3.51 | $2.83 |
| August 2027 | $2.72 | $1.94 |
| September 2027 | $3.40 | $2.74 |
| October 2027 | $4.25 | $3.03 |
| November 2027 | $4.67 | $3.77 |
| December 2027 | $5.23 | $3.74 |
Pendle Price Prediction 2028 to 2030
| When | Maximum Price | Minimum Price |
| January 2028 | $6.28 | $5.07 |
| February 2028 | $5.03 | $3.59 |
| March 2028 | $4.57 | $3.68 |
| April 2028 | $3.88 | $2.77 |
| May 2028 | $3.26 | $2.63 |
| June 2028 | $2.97 | $2.12 |
| July 2028 | $3.71 | $2.99 |
| August 2028 | $4.78 | $3.42 |
| September 2028 | $5.98 | $4.82 |
| October 2028 | $7.47 | $5.34 |
| November 2028 | $8.22 | $6.63 |
| December 2028 | $9.20 | $6.57 |
| January 2029 | $6.35 | $5.12 |
| February 2029 | $7.47 | $5.34 |
| March 2029 | $9.34 | $7.53 |
| April 2029 | $11.12 | $7.94 |
| May 2029 | $12.08 | $9.75 |
| June 2029 | $14.50 | $10.36 |
| July 2029 | $13.81 | $11.14 |
| August 2029 | $11.51 | $8.22 |
| September 2029 | $14.39 | $11.60 |
| October 2029 | $17.98 | $12.84 |
| November 2029 | $19.78 | $15.95 |
| December 2029 | $22.15 | $15.82 |
| January 2030 | $21.58 | $17.40 |
| February 2030 | $25.89 | $18.50 |
| March 2030 | $24.66 | $19.89 |
| April 2030 | $20.55 | $14.68 |
| May 2030 | $25.69 | $20.72 |
| June 2030 | $32.11 | $22.94 |
| July 2030 | $35.32 | $28.49 |
| August 2030 | $39.56 | $28.26 |
| September 2030 | $38.53 | $31.08 |
| October 2030 | $46.24 | $33.03 |
| November 2030 | $44.04 | $35.52 |
| December 2030 | $36.70 | $26.21 |
Pendle Finance Price Prediction (in INR)
|
Year WISE
(in INR) |
Maximum Price | Minimum Price |
| 2023 | ₹137.79 | ₹23.24 |
| 2024 | ₹284.90 | ₹154.94 |
| 2025 | ₹2,441.57 | ₹267.37 |
| 2026 | ₹1,235.15 | ₹686.19 |
| 2027 | ₹999.61 | ₹555.34 |
| 2028 | ₹1,314.42 | ₹730.24 |
| 2029 | ₹3,988.08 | ₹2,215.60 |
| 2030 | ₹8,155.41 | ₹5,436.94 |
- In 2023, the maximum predicted price for Pendle is ₹137.79, while the minimum price is ₹23.24.
- Looking ahead to 2024, the projected price range for Pendle is expected to be between ₹284.90 (maximum) and ₹154.94 (minimum).
- By 2025, the price of Pendle is anticipated to rise significantly, with a maximum prediction of ₹2,441.57 and a minimum of ₹267.37.
- In 2030, Pendle is expected to trade in between ₹8,155.41 and ₹5,436.94.
FAQs
Will Pendle reach 10USD?
Pendle may reach 10USD in August 2025.
What is Pendle Price prediction for 2025?
Pendle may be very bullish in 2025. As per our analysis, Pendle token may trade in between $3.15 and $28.72 in 2025
What is Pendle Price prediction for 2030?
As per our analysis, Pendle token may trade in between $14.68 and $46.24 in 2030
What is the current marketcap of Pendle?
Current marketcap of Pendle is 145,468,215USD.
How many Pendle tokens are in circulation?
81% of Pendle tokens are in circulation. Out of maximum 251,061,124 tokens, 203,643,672 PENDLE tokens are currently in circulation. This is equivalent to 81%.
What is the TVL of Pendle.finance?
As of August 3, 2023, Pendle Finance stands at a TVL of $145.55 Million.
Also read:
Final Thoughts: Should you buy PENDLE in 2023?
Pendle is a DeFi token which is recently listed on Binance, and the token is down by more than 28% in the last 30 days. We expect Pendle to rise till 1.14USD in August 2023, and then consolidate throughout the year. Pendle can be a good choice for short term gain, however, I would not recommend holding for long term gains in 2023.
Having said that, one can definitely start taking position in Pendle for long term, once the token falls by 70-80 from the local ATH. 2025 is the best time to sell Pendle. Pendle could reach upto $28.72 by 2025.
If I were to buy Pendle, I would not invest more than 0.05% of my portfolio.
