Pendle is a decentralized finance ( DeFi ) protocol that has transformed yield management in the cryptocurrency market.
This protocol was launched in June 2021. It introduces a unique approach to yield trading by allowing users to tokenize and trade future yields independently of their assets.
Pendle splits yield-bearing assets into two different tokens, one is called ownership token ( OT ), and the other one is called Yield token ( YT ). This split allows the users to trade the future yields without locking up their capital.
It provides flexibility in managing yield-generating assets. By doing this, it creates a marketplace where users can buy, hold, or sell yield exposure. Pendle’s unique feature is its ability to address an important gap in the DeFi ecosystems.
It allows yield farmers to lock in their future returns and also allows traders to analyze yield movement and risk-averse users to hedge against the potential yield volatility.
This unique feature of Pendle is a game-changer in the yield optimization landscape, it offers solutions that were not available before in the decentralized finance space.
What is a PENDLE token?
The PENDLE token is the native token of the Pendle protocol. This token is used for different functions in the network. Mainly it is used as a governance token, meaning that the token holders can take part in decision-making processes related to the development of the Pendle ecosystem.
This feature ensures that the community has its say in important decisions related to the platform. Apart from the governance feature, Pendle has other uses as well. It incentivizes liquidity provision and overall participation in the Pendle ecosystem.
The token holders can stake their PENDLE tokens to earn a part of the protocol’s fees which creates a direct link between the success of the platform and the rewards for the token holders as well. This whole process helps foster an engaging community.
Tokenomics of PENDLE tokens
Market cap: $1,196,044,109.22
Trading volume: $77,041,110.30
All time high: $7.52
All time low: $0.03
Volatility: 7.86%
Here is the tokenomics of PENDLE tokens:
- The 49.2% is allocated for liquidity incentive
- The Team is given 17.75 tokens
- 14.8% is allocated to the ecosystem fund
- 12.1% is allocated to investors
- 5.3% is given to liquidity boosters
- And lastly, advisors get 0.8% of the tokens
Price prediction of PENDLE tokens
Here is the price prediction of PENDLE tokens. Before investing, make sure you conduct your research.
Price prediction of Pendle in 2024
| Month | Minimum price | Maximum price |
|---|---|---|
| September | $4.25 | $6.30 |
| October | $3.51 | $6.65 |
| November | $2.47 | $3.85 |
| december | $3.18 | $3.44 |
Price prediction of Pendle in 2025
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $3.10 | $5.01 |
| February | $3.73 | $5.47 |
| March | $4.36 | $5.92 |
| April | $4.99 | $6.38 |
| May | $5.62 | $6.83 |
| June | $6.26 | $7.29 |
| July | $6.89 | $7.74 |
| August | $7.52 | $8.19 |
| September | $8.15 | $8.65 |
| October | $8.78 | $9.10 |
| November | $9.41 | $9.56 |
| December | $10.04 | $10.01 |
Price prediction of Pendle for 2026
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $9.88 | $10.04 |
| February | $9.73 | $10.06 |
| March | $9.57 | $10.09 |
| April | $9.42 | $10.12 |
| May | $9.26 | $10.14 |
| June | $9.11 | $10.17 |
| July | $8.95 | $10.20 |
| August | $8.79 | $10.22 |
| September | $8.64 | $10.25 |
| October | $8.48 | $10.28 |
| November | $8.33 | $10.33 |
| December | $9.17 | $10.33 |
Price prediction of Pendle in 2027
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $8.50 | $10.67 |
| February | $8.83 | $11.01 |
| March | $9.15 | $11.35 |
| April | $9.48 | $11.69 |
| May | $9.81 | $12.03 |
| June | $10.14 | $12.37 |
| July | $10.46 | $12.71 |
| August | $10.79 | $13.05 |
| September | $11.12 | $13.39 |
| October | $11.45 | $13.73 |
| November | $11.77 | $14.07 |
| December | $12.10 | $14.41 |
Price prediction of Pendle in 2028
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $12.59 | $14.98 |
| February | $13.08 | $15.43 |
| March | $13.57 | $15.94 |
| April | $14.06 | $16.45 |
| May | $14.55 | $16.96 |
| June | $15.04 | $17.47 |
| July | $15.53 | $17.97 |
| August | $16.02 | $18.48 |
| September | $16.51 | $18.99 |
| October | $17 | $19.50 |
| November | $17.49 | $20.01 |
| December | $17.98 | $20.52 |
Price prediction of Pendle in 2029
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $18.70 | $21.46 |
| February | $19.42 | $22.39 |
| March | $20.14 | $23.33 |
| April | $20.86 | $24.26 |
| May | $21.58 | $25.20 |
| June | $22.31 | $26.13 |
| July | $23.03 | $27.07 |
| August | $23.75 | $28 |
| September | $24.47 | $28.94 |
| October | $25.19 | $29.87 |
| November | $25.91 | $30.81 |
| December | $26.63 | $31.74 |
Price prediction of Pendle in 2030
| Year | Minimum price | Maximum price |
|---|---|---|
| January | $27.72 | $33 |
| February | $28.81 | $34.26 |
| March | $29.90 | $35.52 |
| April | $30.99 | $36.77 |
| May | $32.08 | $38.03 |
| June | $33.18 | $39.29 |
| July | $34.27 | $40.55 |
| August | $35.36 | $41.81 |
| September | $36.45 | $43.07 |
| October | $37.57 | $44.34 |
| November | $38.72 | $45.58 |
| December | $39.72 | $46.84 |
How to buy PENDLE tokens?
If you are interested in buying PENDLE tokens then follow the steps below:
Step 1: Search and find a compatible wallet that supports Ethereum-based tokens. You can choose any crypto wallet like Metamask and Trust wallet.
Step 2: Then buy Ethereum ( ETH ) tokens or any other cryptocurrency from a trusted exchange platform.
Step 3: Then search and select a decentralized exchange ( DEX ) platform to swap ETH tokens for PENDLE tokens.
Step 4: Connect your wallet to the decentralized exchange platform.
Step 5: Navigate the trading pair section on the platform and then find the ETH/PENDLE trading pair.
Step 6: After selecting the trading pair enter the amount of tokens you want and place an order.
Step 7: Confirm the transaction and get your PENDLE tokens.
Step 8: As you get your tokens transfer them to a wallet for safety.
Where to buy PENDLE tokens?
PENDLE tokens can be bought from multiple platforms:
- Uniswap
- Coin switch
- Binance
- Camelot
- Kraken
- Upbit
- Gate.io
- HTX
Is investing in PENDLE a good decision?
The future price prediction of Pendle is positive. It is also expected that Pendle prices may meet a bullish trend in the coming years. So, investing in Pendle can be a good decision if you plan everything as per your portfolio and risk management.
The average price of Pendle can rise in 2024 and in five years the price can rise to $20.57. But the cryptocurrency market is highly volatile so do not take these assumptions as definite prices. The prices can change anytime. Do your research and then only invest in Pendle.
