pendle logo
Pendle
PENDLE
$2.54

Sector

Defi

Exchange Debut

2021-05-02

Market Cap

246,616,045

Maxim Supply

258,446,028

Circulating Supply

96,950,723

Circ. Supply(%)

37.51%
pendle logo

Pendle

PENDLE

Price

$2.54

Market Cap

Sector

Exchange Debut

246,616,045
2021-05-02

Volume 24h

High 24h

Low 24h

47161430
2.760588016614
2.503720086134

Change 24h

Change 7d

Change 30d

-6.0608
-22.5788
18.5849

Maxim supply

Circulating supply

Circulating supply(%)

258,446,028
96,950,723
37.51%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Pendle – PENDLE cryptocurrency:

 

Pendle – PENDLE emerges as a promising venture in the DeFi landscape, focusing on permissionless yield trading through a unique three-pronged approach. With a noteworthy score of 7.31 out of 10 in our fundamental analysis of the Pendle – PENDLE cryptocurrency, it signifies a solid foothold in the domain, even though there’s room for growth. Yield tokenization, the Pendle AMM, and vePENDLE collectively aim to democratize the yield management experience and revolutionize the interest derivative market.

SOCIAL & MASS MEDIA: Score 6.5 out of 10

The project showcases a decent engagement level in social and media channels. Although it demonstrates the potential to attract followers and an active administration team, community participation and media presence are areas where Pendle could augment its reach.

AUDIT & SECURITY: Score 6.85 out of 10

The fundamental analysis of the Pendle – PENDLE cryptocurrency in the audit and security domain is satisfactory. While it has commendable liquidity on exchanges and decent audit results, transparency appears to be an area demanding more attention and improvement.

TOKENOMICS: Score 7.3 out of 10

Pendle’s token economy is robust with an appreciable stance against inflation and a moderately centralized monetary mass. This aspect of the analysis indicates that Pendle has structured its tokenomics well, catering to the long-term vision of the project.

ECOSYSTEM DEVELOPMENT: Score 7.8 out of 10

The ecosystem is progressing steadily, meeting its objectives and showing commitment to future developments. It’s a pivotal aspect, showcasing the project’s dedication to growth and adaptation in the ever-evolving crypto sphere.

TEAM & DEVELOPERS: Score 6.4 out of 10

While the team exhibits some level of experience, a larger and perhaps more specialized pool of software developers could accelerate Pendle’s technological advancements. Teams play a fundamental role in the potential success of any cryptocurrency project.

PRODUCT & UTILITY: Score 7.9 out of 10

The utility of Pendle’s products and the roles of its tokens within the ecosystem are commendable. A well-defined product and its utility can often drive a project’s adoption and acceptance among its user base.

PARTNERS & INVESTORS: Score 7.75 out of 10

The fundamental analysis of the Pendle – PENDLE cryptocurrency shows that Pendle enjoys strong backing from its investors, although diversifying and strengthening partnerships could bolster its position in the DeFi space.

Fundamental analysis of the Pendle – PENDLE cryptocurrency – The final conclusion

Diving deep into the fundamental analysis of the Pendle – PENDLE cryptocurrency, it’s evident that Pendle holds promise. With an aggregate score of 7.31, it illustrates a robust position in several areas but also indicates potential vulnerabilities, especially in transparency and community engagement. For investors, Pendle poses a moderate risk, but with the evolving nature of DeFi and crypto, the project has ample opportunities for growth and refinement. Like all investments, due diligence is essential, but Pendle’s innovative approach and its aim to bring a massive TradFi market into DeFi makes it a project worth keeping an eye on.

What is Pendle?

Pendle Protocol Overview:

Pendle is a protocol for tokenizing and trading future yield. A unique AMM supports assets with time decay, offering users control and optionality over future yields. Launched on Ethereum last November, it later extended to Arbitrum, BNB Chain, and Optimism networks.

Integration with Real-World Assets:

Pendle Finance, a DeFi platform, offers tokenized yields. Embracing the rising trend of real-world assets (RWA), they’ve developed a product benefiting from conventional sectors. RWA tokenization involves a virtual investment mechanism tied to tangible assets like real estate and precious metals. This enables on-chain access to traditional finance instruments, enhancing decentralized application utility.

Partnerships and Products:

Pendle will utilize MakerDAO’s Boosted Dai Savings and Flux Finance’s fUSDC stablecoin, both generating yields from the traditional finance realm. The potential of Fixed Yield and RWA in DeFi markets is immense, and Pendle offers tools to hedge or manage these yields, introducing products such as interest rate derivatives and swaps.

Key Features of Pendle:

  • Yield Separation: Enables users to detach future yields from the main asset by “unwrapping” a yield-bearing token into two distinct tokens.
  • Liquidity: Post yield-separation, users can provide liquidity in Pendle’s pools or trade their future yield rights on their marketplace.
  • Yield Optimization: Facilitates trading of future yield rights, allowing users to strategize based on expected future yield rates.

Pendle’s approach to combining DeFi with traditional finance elements showcases its potential in the ever-evolving cryptocurrency market.

Fundamental analysis of the Pendle - PENDLE cryptocurrency

Pendle - PENDLE performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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