Pendle

About Dapp

Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to tokenize and trade the future yields of their DeFi assets. It separates yield-bearing assets into principal tokens (PT) and yield tokens (YT). This structure allows users to implement various yield management strategies, including fixed yield, long yield, and hedging against potential yield risks.

$PENDLE is the native token for the Pendle platform. The PENDLE token powers Pendle Finance, enabling users to trade, participate in governance and manage yield-bearing assets.

Pendle Finance divides yield-generating tokens into two categories: Ownership Tokens and Yield Tokens. Ownership Tokens represent the underlying assets, while Yield Tokens give holders a claim to the future yield from those assets. These Yield Tokens can be traded on the Pendle Automated Market Maker (AMM).

Pendle enables lenders to secure future yield while also generating extra yield. Traders can benefit by gaining access to future yield streams. The project is designed with several key features, including accessibility, flexibility, and comprehensive support on the blockchain.

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Kevin Pierce
I have always found Atomic wallet to very well designed and easy to use. There haven’t been any serious issues. They’re responsive and helpful with support even for the small issues.
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Paul Kuepfer
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Chris Mayrand
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Cryptovet
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