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Live PENDLE/INR Price
₹217.86
2.1%
Price Changes
₹4.58
2.1%
24h Low
₹213.37
24h High
₹217.9
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PENDLE
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INR
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Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield and opportunities for its utilization.
Pendle was created by an anonymous group of four members who going by the pseudonyms of TN Lee, GT, YK, and Vu. The project was officially launched in June 2021.
1. PENDLE is Pendle’s native ERC-20 DeFi protocol token based on the Ethereum blockchain.
2. The maximum possible number of tokens (total issuance) is 258.4 billion PENDLE tokens.
3. Pendle protocol works on the principle of an Automated Market Maker (AMM).
Pendle was created to enhance the yield trading experience for crypto users. In this way, its founders have focused on making crypto yield trading more widespread.
If you are looking to buy PENDLE, then you can check out third-party cryptocurrency exchanges like CoinSwitch.
1. Yield Tokenization: Split any yield-bearing asset into separate yield and principal components for maximum control.
2. Pendle AMM: Designed for yield trading with concentrated liquidity, dual fee structure, and negligible IL concerns.
3. Governance: Pendle’s governance relies on vote-escrowed PENDLE, also known as vePENDLE.
• Various yield utilization strategies.
• There is no lock-up period.
• Cross-chain support.
• vePendle.
•New platform.
• Volatility of YT eETH, LP eETH, and PT eETH tokens.
1. You can invest and trade PENDLE for just ₹100.
2. Trade PENDLE at a nominal fee.
3. Easily manage your transactions and your portfolio.
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1. When was Pendle coin launched?
Pendle coin, represented by the token PENDLE, was launched in June 2021.
2. How does Pendle coin cryptocurrency work?
Pendle (PENDLE) is a cryptocurrency protocol that tokenizes and trades future yields from DeFi assets using an Automated Market Maker (AMM) system, allowing users to speculate on or hedge against yield changes.
3. How Many Pendle coin Are There?
As of now, Pendle (PENDLE) has a circulating supply of approximately 154.4 million coins. This figure represents the total number of PENDLE tokens that have been mined and are actively circulating in the market.
4. How to invest in Pendle coin cryptocurrency?
You can invest in Pendle using the CoinSwitch app.
Highlight
Ondo Finance (ONDO) is a securities tokenization project that combines the elements of traditional finance with blockchain technology. The project launched its native token ONDO in January 2024.
PENDLE Price Today
PENDLE Price
₹217.86
Price Change 24h
2.1%
Price Change 7d
8.74%
Market Rank
#103
Market Cap
₹3,718 Cr.
Trade Vol 24h
₹249 Cr
Circulating Supply
₹17 Cr. PENDLE
Trading Activity
80% Buy20% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
