Pendle, a DeFi platform that allows tokenizing and trading of yields, has seen significant movement and interest in the crypto market. Its recent price predictions suggest a positive outlook, aligning with the growth of the yield market and stablecoin DeFi wave. The platform's Total Value Locked (TVL) has reached a record $8.3 billion, further emphasizing its position in the DeFi space.
Pendle's involvement in yield-bearing stablecoins, now representing 4.5% of the market, have contributed to its price surge. Major exchanges like Coinbase announced to unlock
trading for Pendle. VC firm
Spartan Capital has invested in Pendle, reflecting significant confidence in the token's potential. Despite significant progress, the complexity of Pendle can be a barrier for some potential investors.
Arthur Hayes, BitMEX founder, recently sold nearly $10M worth of Pendle, signaling a notable shift in market sentiment. Moreover, Pendle is expanding its platform, integrating Ethereum and BNB chains, which further diversifies their offering and could stimulate their growth. A few concerns have been raised related to
permits phishing and a potential price dump which saw a 40% TVL drop, a careful vigilance is hence required while navigating this space.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Sat, 11 Oct 2025 07:00:00 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -3
