DeFi's Yield Trading Protocol
BUY ASSETS AT A DISCOUNT
Pendle splits the yield from yield-bearing assets, giving you better prices than those on any exchanges.
CONTROL YOUR YIELD
Long yield or hedge your yield exposure, the choice is yours.
Split any yield-bearing asset into separate yield and principal components for maximum control
Designed for yield trading with concentrated liquidity, dual fee-structure, and negligible IL concerns
Lock $PENDLE for a stake in the protocol.