PENDLE token
Overview
Pendle Finance's native token, PENDLE, serves both governance and utility functions within a DeFi protocol designed to tokenize and facilitate trading of future yield. The platform allows holders of yield-bearing assets to split them into principal tokens (PT) and yield tokens (YT), enabling either speculative bets on yield or fixed-income approaches. PENDLE holders participate in protocol governance, receive a share of fees, and earn rewards for supplying liquidity.
Within The Counterparty graph, PENDLE connects to 4 tracked entities, most strongly to Pendle, Pendle, Pendle.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Pendle | 95% |
issued_by | Pendle | 95% |
issues | Pendle | 95% |
supports_token | Pendle DAO | 95% |
Frequently asked questions
What is PENDLE?
PENDLE is a token tracked in The Counterparty knowledge graph. It is connected to 4 other tracked entities, most strongly to Pendle, Pendle, Pendle.
What type of entity is PENDLE?
PENDLE is classified as a token (token) in The Counterparty knowledge graph.
What is PENDLE connected to?
In The Counterparty knowledge graph, PENDLE is linked to 4 other tracked entities, most strongly to Pendle, Pendle, Pendle.