Buy Pendle.
Purchase PENDLE in a few taps. Buy with a credit, debit card or bank transfer.
Purchase PENDLE in a few taps. Buy with a credit, debit card or bank transfer.
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables the trading of yield-bearing assets by separating the underlying principal from the future yield. This innovation allows users to speculate on or hedge future interest rates, tokenize yield streams, and create advanced yield strategies — opening new possibilities for fixed-income products in the crypto space.
At the core of Pendle’s system is the yield tokenization mechanism. When a user deposits a yield-generating asset (like stETH or cDAI) into Pendle, it’s split into two components: Principal Tokens (PT) and Yield Tokens (YT). PTs represent the original capital and can be redeemed at maturity, while YTs represent future yield and can be traded independently. This separation creates a new type of DeFi market focused on interest rate dynamics.
The PENDLE token powers governance and incentivization across the protocol. Holders can vote on protocol upgrades, market integrations, and yield pool parameters. PENDLE can also be locked to receive vePENDLE, which grants voting rights and boosts yield rewards — similar to the tokenomics seen in other governance-driven DeFi platforms.
PENDLE is currently trading at $3.42, with a market capitalization of $556,414,464.00. The token reached its all-time high of $7.50 on April 11, 2024. There are 162,875,261.17 PENDLE tokens in circulation, from a total supply of 281,527,448.46, and a maximum supply of 281,527,448.46.
Pendle offers a solution for DeFi users looking to manage interest rate risk, unlock upfront yield, or build structured products — all on-chain. As fixed-income strategies become more relevant in crypto, Pendle’s infrastructure positions it as a key protocol in the evolving decentralized yield economy.
You can buy Pendle using your credit or debit card through Nexo, or choose from other supported payment methods for access. In order to buy PENDLE, head over to the Nexo Exchange.
Swap assets for PENDLE with fixed price execution on Nexo’s crypto exchange.
Borrow funds from 2.9% interest without selling any of your Pendle.
Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.
Make free Pendle transfers to your family or friends as long as they have a Nexo account.
You can buy Pendle directly with a credit or debit card, as well as cards connected to your Apple Pay or Google Pay.
To learn more about how to buy Pendle via card, visit our dedicated Help Center article.
You can top up funds from your local bank via a bank transfer. EUR and GBP transfers arrive quickly, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the Nexo app and swap them for the amount of PENDLE you want.
To start receiving crypto cashback on PENDLE purchases, your account balance needs to be above $5,000 worth of digital assets. The specific amount you receive depends on your Loyalty Tier.
To get the maximum crypto cashback amount, maintain an account balance above $5,000 worth of digital assets and join the Platinum Loyalty Tier by holding at least 10% of NEXO Tokens against the rest of your portfolio.
To find out the exact reward rates for each tier, visit our Help Center.
We use multiple custodians including Ledger Vault, Fireblocks, and others, to diversify our custodial infrastructure. Along with that we offer:
You can learn more about our fundamentals here.
