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Pendle V2

(PENDLE)

Ethereum Chain
Yield
TVL by Chain
AssetQuantity
Ethereum$669.93M
Monad$225.38M
Ethereum-staking$223.56M
staking$223.56M
Arbitrum$142.61M
Plasma$92.72M
X Layer$58.62M
Hyperliquid L1$38.89M
Binance$7.82M
Base$3.90M
pool2$1.10M
Avalanche-pool2$822.58K
Sonic$623.51K
Robinhood Chain$450.84K
Ethereum-pool2$285.21K
Mantle$129.47K
Avalanche$45.54K
Optimism$21.77K
Berachain$7.66K

Protocol Information

Pendle Finance is a protocol that enables the trading of tokenized future yield on an AMM system.

Stats

Total Value Locked

$1,690,530,123

$1.69B

Methodology

V1 TVL counts the collateral backing the yield tokens and USDC in the pendle markets, plus staked OT liquidity, and SLP/JLP staked in masterchef. Staking TVL is just staked PENDLE on 0x07282F2CEEbD7a65451Fcd268b364300D9e6D7f5. Pool2 refers to the Pe,P pool on mainnet, and Pa,P pool on avax.

Audit

A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.

Funding Rounds

A history of funding rounds and capital raised by the protocol, including participating investors and funding details.

Date

04 May 2021

$3.7M

Seed

Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.

Other Investors

AllianceDAO
Bitlink Capital
Bitscale Capital
CMS Holdings
Crypto.com Capital
D1 Ventures
Fisher8 Capital
Genesis Block Ventures
Harvest Finance
HashKey
imToken Ventures
LedgerPrime
Lemniscap
Mechanism Capital
Origin Capital
Parataxis Capital
Signum Capital
Sora Ventures

Date

09 Nov 2023

$M

OTC

Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.

Lead Investors

The Spartan Group

Date

23 Aug 2023

$M

Funding Round

Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.

Lead Investors

Binance Labs

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