Pendle, a DeFi protocol for tokenized yield, has been in the news frequently recently. Its Total Value Locked (TVL) crossed the milestone of $8.3B post its yield-trading platform launch. Market predictions suggest a bullish outlook for
PENDLE, hinting it could possibly breach a new price high in coming years.
Pendle has announced multiple advancements such as the launch of its sPENDLE token and upgrading its token as its DeFi platform scales. Crypto market veterans like Arthur Hayes have shown significant interest in the coin with large purchases. Interestingly, Pendle now enables traders to speculate on Bitcoin and Ether funding rates. Despite its complex nature, those who understand and adopt
Pendle potentially stand to gain significantly. Major exchanges like Coinbase have begun offering PENDLE along with other new tokens. However, the coin has seen some volatility with a 51% pump alert and considerable withdrawal, causing a drop in its price. On the product development side, Pendle is expanding to the BNB Chain and potentially setting sights on the Solana Ecosystem. Finally, not ignoring the challenges, Pendle has seen token thefts and losses from hacking incidents but also claims to have saved significantly from recent attacks.
PENDLE Coin News Analytics from Fri, 29 Jan 2021 11:15:47 GMT to Wed, 18 Feb 2026 05:49:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
