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What is Pendle (PENDLE)?

Pendle basic info

Name:Pendle

Ticker:

PENDLEBuy now

Introduction:

What Is Pendle (PENDLE)?

Pendle is a DeFi protocol that facilitates yield-trading on both the Avalanche and Ethereum blockchains. Avalanche is a decentralized platform that offers open smart contract functionality. With Pendle, users can trade and tokenize future yield, which serves as collateral for various products. The protocol is currently developing a native AMM that supports tokens with reducing time value, which is expected to expand the DeFi ecosystem and token pairs.

What Makes Pendle (PENDLE) Unique?

With Pendle, lenders can lock in future yield and generate additional yield while traders can gain exposure to future yield streams. This project offers several features, including accessibility, flexibility, and full on-chain support. The platform supports multiple assets and protocols, allowing users to manage their yield on one platform seamlessly. Users can deposit and withdraw their capital as per their suitability. The smart contracts maintain and verify all the transactions, offering complete transparency between the platform and users.

According to its whitepaper, the Pendle system works on three components: Tokenization of Yield, Pendle's Automated Market Maker (AMM), and Governance. Two tokens, OT and YT, are issued to tokenize future yield. The ownership token consists of transferrable underlying assets, while the future yield token represents entitlement to the future yield. Users can deposit YT and OT in the liquidity pools to receive PENDLE tokens and swap fees in return. Liquidity pools help users trade cryptocurrencies on decentralized exchanges (DEX).

What is the Pendle token?

The Pendle platform uses PENDLE as its utility token for governing the system. The team enables token governance, which includes allocating liquidity incentives, creating new market pairs, and managing treasury funds. PENDLE is an ERC-20 token that rewards long-term token holders and provides liquidity through initiatives like (Pe, P) and (Pa, P). These initiatives have three main goals: increasing PENDLE's liquidity, rewarding token holders for their contributions, and providing liquidity to the protocol.

Pendle (PENDLE) Price Prediction

It seems that analysts are predicting a significant increase in the value of Pendle in the coming years. According to their projections, the price of Pendle is expected to rise by 236.27% and reach $2.46 by the end of 2025. The current market sentiment appears to be bullish, and while the Fear Greed Index is currently reading 18.50 (which indicates extreme fear), all technical indicators point towards positive growth.

Current price:

$4.86More price details

All-time high:$7.52

All-time low:$0.03349

PENDLE supply and tokenomics

Circulating supply:163,896,300 PENDLE

Total supply:258,446,028.24 PENDLE

Max supply:0 PENDLE

Market cap:$796.93M

Fully diluted market cap:$1.26B

Token allocation:

Liquidity Incentive

37.00%

Team

22.00%

Ecosystem Fund

18.00%

Investor

15.00%

Liquidity Bootstrapping

7.00%

Advisors

1.00%

Tokenomics:

Token utility

Pendle aims to provide the holders of yield-generating assets with the opportunity to generate additional yield and to lock in future yield upfront, while offering traders direct exposure to future yield streams, without the need for an underlying collateral. Pendle exists on top of first-degree protocols. Pendle currently supports Aave and Compound, with more platforms to be integrated in future. There are three components that make up Pendle’s system:

Yield tokenization
Pendle’s Automated Market Maker (AMM)
Governance (Coming soon)

Links

Website:https://pendle.finance/

Whitepaper:https://docs.pendle.finance/resources/lite-paper

X:https://twitter.com/pendle_fi

GitHub:https://github.com/pendle-finance

Buy Pendle for $1Buy PENDLE now

What is the development prospect and future value of PENDLE?

The market value of PENDLE currently stands at $796.93M, and its market ranking is #98. The value of PENDLE is widely recognized by the market. When the bull market comes, the market value of PENDLE will likely continue to increase.

Moreover, if PENDLE can play a greater role in practical applications, such as Pendle builders fully leveraging the potential of PENDLE, partnering with more businesses, and increasing its user base, the long-term value of PENDLE will be significantly enhanced.

What will the price of PENDLE be in 2025?

Based on PENDLE's historical price performance prediction model, the price of PENDLE is projected to reach $5.56 in 2025.

What will the price of PENDLE be in 2030?

In 2030, the PENDLE price is expected to change by -1.00%. By the end of 2030, the PENDLE price is projected to reach $10.07, with a cumulative ROI of +85.57%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of PENDLE and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

PENDLE price PENDLE price prediction PENDLE news

Is PENDLE worth investing or holding? How to buy PENDLE from a crypto exchange?

If you want to buy PENDLE, the following information may be helpful for your investment decisions:

In the last 7 days, the price of PENDLE has fallen by -8.45%, leading to negative returns for most PENDLE investors. The market is currently pessimistic about the price trend of PENDLE.

It is important to note that the current price of PENDLE has retreated by -35.32% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether PENDLE is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in PENDLE or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of PENDLE, if you want to buy or sell PENDLE, you can consider Bitget for your trading needs. The best place to buy PENDLE is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Pendle has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Pendle. Here's a step-by-step guide on how to buy Pendle on Bitget.

Buy PENDLE now Coin buying guide

How to get Pendle through other methods？

Using cash to buy Pendle is not the only way to obtain Pendle. If you have the time to spare, you can get Pendle for free.

Learn how to earn Pendle for free through the Learn2Earn promotion.

Earn free Pendle by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Pendle airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Pendle through Bitget Convert, Bitget Swap, or spot trading.

What is Pendle used for and how to use Pendle?

The use case of Pendle may expand as the crypto market and the project itself develop. Currently, you can use PENDLE to achieve the following goals:

Arbitrage by trading PENDLE: Since PENDLE is a frequently traded cryptocurrency, the price of PENDLE is always fluctuating. Earn more PENDLE by buying low and selling high on the exchange. Bitget spot market provides a variety of PENDLE trading pairs to fully meet your needs.

Earn by staking PENDLE: You can also generate income through financial management methods such as staking PENDLE or lending PENDLE. Bitget Earn offers a variety of financial products designed to help you earn more income from your PENDLE.

Send or pay PENDLE: If you want to give PENDLE to your friends, a charity, or a fundraiser, or you want to pay someone with PENDLE, you can quickly and easily send PENDLE to the recipient through their payment address.

You can also go to the official website of the Pendle project to learn more about the use cases of PENDLE. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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