Introduction to Pendle (PENDLE)
Pendle (PENDLE) is an Ethereum-based cryptocurrency token launched in 2017. As of the latest data:
- Current Price: $3.38 USD (-6.80% change)
- 24-Hour Trading Volume: $35,462,857
- Market Cap: $538,172,174 (Rank #100)
- Circulating Supply: 159,085,260 PENDLE
👉 Discover how Pendle compares to other DeFi tokens
Pendle Price Performance
Key Metrics:
| Timeframe | USD Change | BTC Change | ETH Change |
|---|---|---|---|
| 1 Hour | +0.39% | -1.75% | -1.08% |
| 24 Hours | -6.80% | -5.95% | -5.15% |
| 1 Week | +1.90% | +0.06% | -3.75% |
| 1 Year | -16.45% | -53.51% | +8.96% |
Historical Data:
- All-Time High: $7.12 (-52.49% from ATH)
- 52-Week Range: $1.83 to $7.13
- Recent Trend: Down 25.63% from 30-day peak, but up 8.44% from 30-day low.
Pendle Market Overview
Trading Platforms:
- Available on 53 exchanges including major DeFi platforms.
Wealth Distribution:
| Holder Tier | PENDLE Held | Percentage |
|---|---|---|
| Top 10 | 183,967,058 | 65.35% |
| Top 100 | 62,674,876 | 22.26% |
| Top 1000 | 23,228,267 | 8.25% |
| Others | 11,657,247 | 4.14% |
👉 Explore Pendle trading strategies
Blockchain Statistics
- Daily Transactions: 3,720 (~155/hour)
- Token Holders: 1,940
- Top 100 Addresses: Hold 88% of total supply ($835M)
ROI and Volatility Analysis
| Metric | Value |
|---|---|
| ICO ROI | +324.40% (4x) |
| 3-Month Volatility | 48.74% |
| 12-Month Max Drawdown | -75.64% |
Technical Indicators
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.25 | Neutral |
| SMA (50) | 3.94 | Sell |
| EMA (200) | 3.72 | Sell |
FAQ Section
1. What drives Pendle's price?
PENDLE's value is influenced by DeFi adoption, Ethereum network activity, and yield farming trends.
2. Is Pendle a good investment?
While showing historical growth, PENDLE carries typical crypto risks. Diversify and research market conditions.
3. Where can I stake PENDLE?
Several Ethereum-based DeFi platforms support PENDLE staking. Always verify contract addresses.
4. How does Pendle compare to similar tokens?
PENDLE trades above average volume ($35M daily) vs. 2021-launched tokens ($360K average).
Conclusion
Pendle remains a notable player in Ethereum's DeFi ecosystem, though recent performance shows volatility. Monitor technical levels and broader crypto market trends for informed decisions.
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