Pendle
- Total value locked
- $1.26B-0.1% 24h
- TVL, 7 days
- -1.6%
- TVL, 30 days
- +4.7%
- Fees, 24h
- $7.79K
- Fees / TVL, annualised
- 0.2%
- Token price
- $2.490+6.5% 24h
- Market cap / TVL
- 0.34
Pendle holds $1.26B in total value locked across 11 chains, with its largest deployment on Ethereum, which ranks it #49 among the DeFi protocols we track. It is the largest of 65 yield protocols. Its value locked is down 1.6% over seven days and up 4.7% over 30 days. Users paid $7.79K in fees over the last 24 hours; at that pace a year of fees would equal 0.2% of its TVL. Its governance token is valued at $433.2M, 34% of its TVL.
Deployed on
- Ethereum $729.9M
- Monad $199.9M
- Arbitrum $181.0M
- X Layer $69.54M
- Plasma $52.85M
- Hyperliquid L1 $10.55M
- BNB Chain $7.59M
- Base $3.18M
- Robinhood Chain $471.6K
- Avalanche $46.33K
- Sonic $13.35K
Value the protocol holds on each chain, largest first.
Largest yield protocols
Full sector| # | Protocol | TVL | 7d | 30d | Fees 24h |
|---|---|---|---|---|---|
| 1 | Pendle | $1.26B | -1.6% | +4.7% | $7.79K |
| 2 |  Convex Finance | $618.1M | +4.7% | +8.7% | $81.66K |
| 3 |  Lorenzo | $590.9M | +0.4% | +5.1% | – |
| 4 |  Avalon | $252.4M | +5.0% | +49.7% | $0 |
| 5 |  Exponent | $94.38M | +2.0% | -30.4% | $420 |
| 6 |  Concentrator | $91.96M | +6.2% | +24.9% | $1.18K |
| 7 |  Yuzu Money | $78.70M | -2.5% | -4.2% | $18.84K |
| 8 |  Wise Token | $76.42M | +2.1% | +7.9% | $2 |
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology