About PendleEncyclopedia overview
A protocol for trading future yield separately from principal by wrapping yield-bearing positions into standardized yield tokens and splitting their economic rights into dated principal and yield tokens.
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Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
Key statistics coingecko · 19m ago
Pendle markets
DEX pools DexScreener · GeckoTerminal
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