Understanding PENDLE
What is Pendle?
Pendle is a DeFi protocol that allows users to trade future yield by splitting yield-bearing tokens into two parts: principal and yield. This creates new opportunities for fixed-income investments, yield speculation, and optimised DeFi strategies. By tokenising future yield, Pendle gives users more flexibility over their assets, allowing them to either lock in guaranteed returns or speculate on future yield fluctuations. It’s a powerful tool for maximising earnings in DeFi.
Explore more
Other coins on Wayex.
Get started
Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
- 03
Buy, Sell and Spend!
Trade AUD into 80+ crypto assets, and spend anywhere Visa is accepted.