Is Pendle (PENDLE) worth $4.25?
Published in
3 min readApr 30, 2024
Mr. Market likes Pendle (PENDLE). He paid $4.25 for the decentralized finance (DeFi) solution on 30 April 2024. Plus, Pendle was CoinMarketCap’s 10th most trending cryptocurrency on 30 April 2024.
So what is Pendle and is it worth $4.25? Pendle is a permission-less yield-trading protocol that supports yield tokenization by splitting yield bearing assets into separate yield and principal components. They claim this split offers speculators maximum control of token yields.
