Trading activity:
Reported 24-hour volume equals 12.94% of market capitalization. The local markets snapshot lists BitDelta, BloFin and Hotcoin among venues with observed trading activity.
YearBull indicators:
YearBull Rank #1,532. Bull Score 47/100.
YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment.
Cycle Early. Observed price change: 24h -3.75% · 7d -12.50% · 30d -30.94%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-11-10.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Pendle (PENDLE)?
YearBull Project Summary: Pendle (PENDLE) is tracked under pendle. The local profile associates it with Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming. The source profile maps it to ethereum, berachain, hyperevm.
Source description
“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 by providing optionality and opportunities for its utilization.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Recorded networks: Ethereum, Berachain, Hyperevm, Sonic, Base, Binance Smart Chain
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Pendle (PENDLE) FAQ
How does Pendle handle future yield?
Pendle enables users to tokenize future yield, separating yield-related exposure from the underlying asset. The project presents this structure as a way to give users more control over returns that may accrue later, while also creating a market in which those future-yield positions can be traded.
What role does Pendle’s AMM play in its market design?
Pendle uses an automated market maker designed to support assets affected by time decay. This feature is central to the project’s market structure because the value and remaining duration of future-yield positions can change over time. Pendle says its AMM is built to accommodate those time-sensitive characteristics rather than treating them like ordinary spot assets.
What opportunities does Pendle present for future-yield positions?
The project positions tokenized future yield as a source of optionality. Users may gain a way to express preferences about receiving, trading, or otherwise utilizing yield expected in the future, rather than treating the underlying asset and its yield as a single undivided position. The specific outcomes depend on the terms of each position and market.
Which financial applications are associated with Pendle’s design?
Pendle’s stated focus connects it with decentralized finance applications involving yield trading, yield farming, derivatives, fixed-interest products, liquid staking, and restaking-related markets. These categories describe the areas associated with the protocol’s design; they do not establish that every category represents a separate feature or that any particular market will be available at all times.
On which networks is Pendle deployed?
Pendle is listed across Ethereum, Arbitrum One, Optimism, BNB Chain, Base, Berachain, Sonic, and HyperEVM. Its multi-network presence may place the protocol within several ecosystem contexts, including DeFi, liquid staking, restaking, and yield-focused applications. The project does not specify here whether every function or market is supported identically across these networks.
Pendle metric comparison
This comparison is a stored snapshot generated 2026-11-06 07:00 UTC from 307 daily observations available from 2025-12-30 through 2026-11-06. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$1.67
$2.25
$1.39
-25.8%
n/a
Market cap
$290.36M
$390.09M
$239.49M
-25.6%
P98.3
YearBull Rank
#980
#886
#786
Lower by 94
P88.7
Bull Score
47/100
59/100
50/100
-12.0 pts
P54.0
Turnover
17.63%
17.98%
8.37%
-0.3 pts
P88.0
YB Market Risk
Low
Low
Low
Unchanged
n/a
Cycle
Early
Early
Early
Unchanged
n/a
Median absolute daily movement 2.95%; distance from the highest local daily price -38.6%; circulating supply change +2.8%. These measurements are descriptive and do not predict future direction.
Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.
Pendle (PENDLE) is tracked under pendle. The local profile associates it with Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming. The source profile maps it to ethereum, berachain, hyperevm.
Asset Role and Supply
Token utility should be assessed alongside protocol usage, governance design, smart-contract exposure, and value distribution. The reviewed record shows circulating supply about 172.97 million PENDLE, total supply about 281.53 million PENDLE. It records no hard maximum. Supply fields may change through issuance, burns, migrations, or source revisions and should be checked against project records.
Market Structure
At the 2026-09-12 review, the local snapshot placed Pendle at market-cap rank #121, with market capitalization about $358.03 million and reported 24-hour volume of $57.32 million. These values describe observed scale and turnover, not fair value or guaranteed executable liquidity.
YearBull Perspective
The dated snapshot recorded YearBull Rank #10, Bull Score 85/100, Risk Low, and Cycle Early. Rank, Bull, Risk, and Cycle answer different questions and should be read together.
Key Risks
Material risks include smart-contract exploits, governance capture, oracle or liquidation failure, incentive-driven liquidity, and regulatory uncertainty. Historical prices, rankings, and classifications do not predict future performance. Verify contract addresses, network support, custody, and venue availability before acting.
Reading rule: lower numbers mean higher placement.
7d window (2026-11-03): #1749 → #1532 (up by 217).
30d window (2026-10-11): #954 → #1532 (down by 578).
Cycle context: If the 30d is noisy, increase the lookback to avoid over-reading. a stable phase often tightens the rank range.
Flow context: If the line only moves on high-volume days, liquidity is a key filter. bursty volume can create temporary re-ordering.
Where it trades: If the line breaks range, confirm it across a longer window. a new route can show up as a step change.
Risk note: If it is flat for long, the coin may be tracking the cohort. range behavior tells more than a single point.
YearBull Rank is a comparative index on YearBull that helps contextualize a coin’s position versus others over time. Smaller numbers mean the coin sits higher in the YearBull list. Treat it as a directional context tool rather than a standalone verdict.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Tezos analysis - nearby market scale in the current dataset.
Stored venue snapshot. Markets last checked: 2026-11-06. Next refresh window: around 2026-11-13. Venue listings and volumes are stored snapshots, not live quotes.
