Pendle (PENDLE)

Price Prediction
(98% probability)
(98% probability)
(98% probability)
Pendle is a DeFi protocol enabling creation and trading of future yield on interest-bearing assets. Users deposit yield-bearing tokens (yTokens) to mint ownership tokens (OT) and yield tokens (YT), which are tradable on Pendleβs AMM, allowing separation of principal and yield. PENDLE, its governance token, grants voting rights, fee rebates, and staking rewards, aligning incentives for liquidity providers and protocol growth.
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Design: tokenized future yield markets (OT for principal, YT for yield)
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Assets: integrates with Aave, Compound, Yearn, and more
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AMM: concentrated-liquidity pools optimized for yield markets
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Token: PENDLE for governance, fee share, and staking incentives
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Supply: 27.5 million PENDLE max, with declining emissions
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Fees: swap fees distributed to OT holders and protocol stakers
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Governance: locking PENDLE (vePENDLE) boosts voting power and rewards