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.

Yield Tokenization
Split any yield-bearing asset into separate yield and principal components for maximum control

Pendle AMM
Designed for yield trading with concentrated liquidity, dual fee-structure, and negligible IL concerns

vePENDLE
Lock $PENDLE for a stake in the protocol.