Pendle
PENDLE
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Pendle (PENDLE) Overall Evaluation
Pendle delivers a robust protocol for yield tokenization, supported by disciplined engineering (8/10) and a strong security posture (8/10). Its active community (7/10) and growing multi-chain deployment underpin steady adoption, while on-chain governance and transparent audits foster trust.
Pros:
- Innovative yield-token derivatives and AMM design enabling fixed-rate exposure
- High-quality development processes, formal verification, and ongoing bug bounties
- Balanced emission schedule with staking utility for vePENDLE governance fees
Cons:
- Moderate token centralization risk (30% treasury, 20% team allocations)
- Competitive DeFi landscape with alternatives like APWine and Notional
- Partial team pseudonymity and limited headcount across multi-chain support
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Pendle (PENDLE)
Pendle (PENDLE)
Pendle (PENDLE) is the native governance token of the Pendle protocol, a decentralized finance (DeFi) platform for tokenizing and trading future yield. By separating yield-bearing assets into ownership and yield components, Pendle enables users to lock in yields, hedge rate exposure, and participate in on-chain yield markets.
Key Features
- Yield Tokenization: Convert yield-generating assets into Ownership Tokens (OT) and Yield Tokens (YT) for flexible trading and risk management.
- Automated Market Maker (AMM): Provide liquidity and earn fees by depositing OT and YT pairs into Pendle’s AMMs.
- Governance: Holders of PENDLE can vote on protocol upgrades, parameter changes, and community proposals.
- Multi-Chain Support: Access Pendle markets on Ethereum, Arbitrum, Avalanche, and more.
Use Cases
- Yield Lock-In: Secure future yield at a fixed rate by selling YT tokens.
- Speculative Trading: Trade Yield Tokens to express views on interest rate movements.
- Liquidity Provision: Earn trading fees by supplying yield token pairs to Pendle pools.
For more details, visit the official Pendle documentation and community channels.
Similar Rated Tokens
More for DeFi Investors
- Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
- AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
- Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
- On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
- US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
- Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.