🚀 "PENDLE Holds $4.49 as Yield Tokenization TVL Nears $6.7B"
🔹 Quick Stats (Aug 2025)
Price: ~$4.49 (↑ 1%)
Market Cap: ~$744M
Supply: ~166M of 282M PENDLE
Volume: ~$90M
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🔧 What Is PENDLE?
DeFi protocol that lets users trade future yields by splitting yield-bearing assets into Principal Tokens and Yield Tokens. vePENDLE holders govern and earn protocol fees.
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📈 Highlights
$6.7B TVL, among top DeFi platforms
Enables interest rate speculation & hedging
Active on Ethereum, Arbitrum, and more
> Disclaimer: For educational use only—not financial advice.