Pendle Tokenomics Overview
Full Pendle tokenomics breakdown: PENDLE token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com with data verified by the Pendle team.
Full Pendle tokenomics breakdown: PENDLE token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about Pendle tokenomics.
Pendle has 3 primary token utilities:
Pendle token distribution allocates 281,527,448 PENDLE across 4 primary stakeholder groups:
PENDLE uses variable cliffs and vesting schedules that change depending on the allocation:
9% of the total supply (28,870,872.443 PENDLE) is unlocked at TGE, with the tokens split between Public Sale and Foundation.
Pendle has a total supply of 319,368,058 PENDLE, of which 266,284,216 PENDLE (83.4% of total) is currently circulating.
Total length of the full Pendle emission schedule is 11 years, with 35.54% released in Year 1, while the remaining 57.35% is released over the following 10 years.
Pendle has 2 investor rounds, with the following investment price and vesting:
Pendle brings revolutionized yield trading with a robust tokenomics framework, establishing itself as a standout player in DeFi. The platform allows users to tokenize yield-bearing assets and split them into separate principal and yield components, granting enhanced control and flexibility over earnings. With features such as concentrated liquidity, fixed yield options, and minimal impermanent loss, Pendle ensures efficiency and sustainability for all users. The $PENDLE token plays a central role in the ecosystem by enabling governance, incentives, and participation. Users can lock their $PENDLE tokens for exclusive protocol rewards, aligning incentives for long-term holders while fortifying the ecosystem’s growth. Pendle also operates on a dual fee structure, ensuring fair distribution of revenue between liquidity providers and token stakers. Security and trust are cornerstones for Pendle, as evidenced by multiple smart contract audits and partnerships with various leading DeFi projects. Trusted by users and developers alike, the platform empowers decentralized finance enthusiasts to explore flexible yield optimization strategies without the burden of high risks or complex mechanics. Whether you're interested in fixed-income returns, yield trading, or protocol staking, Pendle offers an intuitive gateway to DeFi yield opportunities. With its negligible impermanent loss concerns, cutting-edge liquidity model, and tokenomics designed for growth and stability, Pendle ushers in a new era of yield control and innovation. Explore Pendle today and harness the full potential of DeFi yields!
