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Pendle

TradeCityPro | Deep Search: In-Depth Of PENDLE👋 Welcome to TradeCityPro! In this analysis, I want to fully analyze and review the Pendle project for you. First, we will read about the project's fundamentals and then perform a technical analysis. ◽️What is Pendle? ▪️Pendle is a decentralized finance (DeFi) protocol that enables the tokenization and trading of future yield. It introduces an innovative financial infrastructure that allows users to separate and trade the ownership of principal assets and their yield independently. This enables users to execute advanced yield strategies and provides more flexibility in managing yield-bearing assets. 🗝Key Components of Pendle 1. Yield Tokenization: Pendle allows users to wrap yield-bearing tokens into SY (Standardized Yield Tokens), making them compatible with Pendle's AMM. ◽️These SY tokens are then split into two components: ▪️PT (Principal Token): Represents the principal value of the asset. ▪️YT (Yield Token): Represents the future yield generated by the asset. This process allows for the separation of principal and yield, enabling users to trade them separately. 2. Pendle AMM (Automated Market Maker) ▪️Pendle's unique AMM is designed to support assets that experience time decay, allowing for efficient trading of PTs and YTs. Users do not need to fully understand the AMM mechanism to trade on Pendle. 3. vePENDLE Governance Model ▪️Pendle incorporates a vePENDLE model (vote-escrowed PENDLE), which enables users to participate in governance, directing incentives within the ecosystem and optimizing their yield strategies. ◽️Use Cases of Pendle ▪️Pendle's protocol enables a variety of financial strategies, including: 1) Fixed Yield Investments: Users can lock in fixed returns by selling their YT and holding PT. 2) Long Yield Positions: Users can buy YT, speculating that yields will increase. 3) Enhanced Yield Without Additional Risk: Providing liquidity in Pendle's pools can generate additional yield. 4) DeFi Yield Optimization: Combining different strategies to maximize yield opportunities. ◽️ Pendle Token Unlock and Allocation ▪️Unlocked Tokens: 283.33M PENDLE (92.14%) ▪️Locked Tokens: 24.17M PENDLE (7.86%) ◽️There are no large upcoming unlock events, but scheduled unlocks will occur gradually. 🔓Unlock Schedule ▪️From February 17, 2025, onward, small daily unlocks will take place, each unlocking around 9,750 - 9,980 PENDLE worth approximately $35,000 USD per batch. ◽️Token Allocation Breakdown ▪️Liquidity Incentives: 37% ▪️Team: 22% ▪️Private Round: 15% ▪️Ecosystem Fund (Allocated): 9% ▪️Ecosystem Fund (Unallocated): 9% ▪️Liquidity Bootstrapping Pool: 7% ▪️Advisors: 1% ▪️Vesting Schedule ◽️Team Tokens: 1-year cliff, then linear unlock over 1 year (50.98M PENDLE). ◽️Private Round: Linear unlock over 1 year after TGE (34.76M PENDLE). ◽️Ecosystem Fund: Unlocked in batches (20.86M PENDLE). ◽️Liquidity Bootstrapping Pool: 100% unlocked at TGE (16.22M PENDLE). ◽️Advisors: Linear unlock over 1 year (2.32M PENDLE). ◽️Untracked Tokens: 106.59M PENDLE (46%) – may be unlocked at any time. ◽️Pendle Wallet Compatibility ◾️Pendle is supported by various hardware, software, and extension wallets, including: ▪️Hardware Wallets: Ledger Nano X, Ledger Nano S, Trezor Model One, Trezor Model T, Ledger Stax. ▪️ Extensions: MetaMask, Enkrypt. ▪️ Software Wallets: GUARDIA, Atomic Wallet, Trust Wallet, MyCrypto. ▪️ Network Compatibility: ERC-20. ◽️Key Events & Developments ✅ Launch of Pendle Protocol – Established the foundation for yield tokenization and trading. ✅ Security Audits & Enhancements – Ongoing improvements for protocol security. ✅ Partnerships & Integrations – Expanding utility within the DeFi ecosystem. ✅ Exchange Listings – Increased accessibility and liquidity. ✅ New Pool Launches – Expanding yield opportunities. ✅ Community Growth & Governance – Active participation in decision-making. ◽️ Private Round (Ended on April 16, 2021) ▪️Funds Raised: $3.7 million ▪️Token Price: $0.1394 per PENDLE ▪️Pre-Valuation: $35 million ▪️Notable Investors: Alliance and 14 other investors ◽️Token Generation Event (TGE) & Public Listing (April 28, 2021) ▪️Price on Listing: $1.01 per PENDLE ◽️Reliable platforms for creating liquidity pools for Pendle: ▪️Uniswap ▪️Balancer ▪️Camelot ▪️LFJ ▪️Thena ▪️Pendle Finance Reliable platforms for staking: ▪️Pendle Finance ▪️Magpiexyz ▪️Stake Dao ◽️Pendle TVL Analysis ▪️The Total Value Locked (TVL) in Pendle has shown significant growth over time, with notable fluctuations. Throughout 2024 and early 2025, the TVL followed an uptrend, peaking around mid-2024, experiencing a dip, and then recovering to new highs in early 2025. 📈 Current TVL & Percentage Change ▪️TVL on September 27, 2024: 801.26K ETH ▪️TVL on February 16, 2025: 1.91M ETH ◽️Pendle's TVL has more than doubled (+138.4%) in the last 5 months. after a temporary decline in late 2024, the platform has experienced a sharp rebound, reaching a new peak in early 2025. The TVL surge indicates higher participation and liquidity influx into Pendle, possibly driven by increased staking, new integrations, or higher user engagement in yield strategies.The TVL surge indicates higher participation and liquidity influx into Pendle, possibly driven by increased staking, new integrations, or higher user engagement in yield strategies. ◽️Analysis of On-Chain Data for Pendle ▪️The volume of Pendle tokens currently held at a loss within the price range of $3.61 to $3.71 is approximately 100 million PENDLE, indicating a significant resistance level. In contrast, the volume of tokens in profit is relatively low, suggesting that resistance is stronger than support at this stage. ▪️The volume of large transactions has exhibited a slight increase alongside price growth, signaling increased market activity. Additionally, network activity, including the number of active and new addresses, has also seen a minor uptick. ▪️Currently, 69% of all PENDLE tokens are held by whales, meaning that their movements have a substantial impact on market trends. ▪️Examining the wallet activity of large holders, we observe positive inflows, which is a bullish signal. However, network whales (addresses holding between 1 million and 100 million PENDLE) have started selling as prices increased, indicating some profit-taking behavior. ▪️Meanwhile, addresses holding less than 1 million PENDLE have increased their buying activity, contributing to sustained price growth. This suggests that retail investors and smaller holders are absorbing the supply offloaded by larger holders, helping to maintain upward momentum. ✅ Now that we have reviewed the project, let's move on to the technical analysis of this coin, which will be done in weekly, daily, and four-hour timeframes. 📅 Weekly Timeframe In the weekly timeframe, we are observing an ascending trend that started from a base of $0.561 and continued up to a peak of $6.720, providing very good profits to its holders. 🔍 After the price reached this resistance, a ranging box formed between $2.385 and $6.720, where the bottom of the box coincides with the 0.382 Fibonacci area. This support has so far managed to support the price several times, each time sending the price back towards the top of the box. ✨ Currently, the price has hit this support with a very high volume and has formed a good supportive candle. Now we have to see if this support can again push the price upwards or if it will be broken. The RSI is also below 50, and if it sets lower highs and lows, it could continue its downward trend, bringing bearish momentum into the market. 🚀 On the other hand, if it can come back above this area 50 and stabilize, we can hope that the price will move upwards and bullish momentum will enter the market. If we want to use the Fibonacci tool for the target of this project for this move, you can see that the 1 Fibonacci area is at $31.90, which is almost 10 times more than the current market price. 📊 This means that Pendle would reach a market cap of $5 billion, making it a very successful project and placing it among the top 30 coins in the coin market cap. So if you think this project can be among the first 30 coins and have a $5 billion market cap, you can continue to hold until this target is reached. 💥 However, if the support at $2.385 breaks, the next important support areas are at the 0.618 and 0 Fibonacci levels, which overlap with $1.412 and $0.941, respectively. 📅 Daily Timeframe In the daily timeframe, you can see the price range box with more details. As you see, in the last downward leg, the price reached $2.589 and was supported by a good candle from this area, and currently, it has reached $3.678, which is an important daily resistance. If the price can stabilize above this area, we can expect the price to move towards the top of the box again. 📈 But consider that during this upward movement that the price has had from $2.589, the volume has been decreasing, which indicates the weakness of the trend. Also, for a long position, the RSI has an important area at 52.16, which is a very important resistance, and if the break of this area overlaps with the break of $3.678, we can have a confirmation of the entry of momentum and a good position. ⚡️ the important thing is that buying volume must also enter the market, and the candle that breaks this resistance must be with good buying volume. For a short position, the situation is very clear; the support at $2.589 is a very good area, and if it overlaps with the break of 30 in the RSI, it turns into a very good trigger, and I suggest that you do not miss this position if the conditions are met. ⏳ 4-Hour Timeframe In the four-hour timeframe, we can specify the futures trading triggers so that we can also perform futures trading with them. 🔼 For a long position, our situation is very clear. As you see in the daily timeframe, there is a very good ceiling above the price, which in the four-hour timeframe is at $3.763, and if this area breaks, we can open a risky long position. The main long position is if the break of $4.364 happens. 📉 But keep in mind that as I mentioned, the decreasing volume and the divergence with the upward trend can indicate the weakness of the upward trend. So, as a result, if the ascending trendline breaks and the trigger at $3.319 is activated, I personally try to have a short position on PENDLE. 🧩 Because the volume has a divergence with the upward trend, and if the selling volume increases after the break of this area and downward momentum enters, the price can move at least to the area of $2.2748, which is actually a very important support and will be the main trigger for short. The break of 45.48 in the RSI gives us a very good confirmation for the short position. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
6
The key is whether it can be supported and rise near 3.624 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (PENDLEUSDT 1D chart) It has risen near the HA-Low indicator point of 3.624. Accordingly, the key is whether it can be supported and rise near 3.624. If the price maintains above the Trend Cloud indicator, it is highly likely to turn into an uptrend. If the uptrend continues, 1st: 4.109 2nd: 4.907 3rd: 6.376-6.744 You can respond depending on whether there is support near the 1st-3rd above. In particular, if the M-Signal indicator of the 1W chart passing near 4.109 rises above and the price is maintained, I think there is a possibility that a full-fledged uptrend will begin. - If it falls from the 3.624 point, whether there is support near 3.113 is important. If it falls below the Fibonacci ratio 0 (2.488), it is better to wait until it rises because you cannot tell when it will rise. ---------------------------------------- If you refer to too many indicators, there is a possibility that the transaction will proceed in the wrong direction. Therefore, it is important to limit the indicators you want to refer to and try to trade according to the trend. - The indicators that indicate the trend in this chart are the Trend Cloud indicator and the M-Signal indicator of the 1D, 1W, and 1M charts. Therefore, you can check whether the trend is rising or falling by checking the status and arrangement of the Trend Cloud indicator. In addition, you can check the overall trend by checking whether the M-Signal indicator of the 1D, 1W, and 1M charts is in the correct arrangement or reverse arrangement. - The HA-Low and BW(0) indicators indicate the low point range. Therefore, if supported by these indicators, there is a high possibility of rising. However, if it fails to rise and falls below the HA-Low and BW(0) indicators, there is a possibility of starting a stepwise downtrend, so be careful. - The HA-High, BW(0), and BW(100) indicators indicate the high point range. Therefore, if resisted by these indicators, there is a high possibility of falling. However, if it fails to fall and rises above the HA-High and BW(100) indicators, there is a possibility that a stepwise upward trend will begin. - The indicators listed above are the core indicators among the indicators on this chart. The indicators other than these are secondary indicators used when conducting split transactions. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Pendle: A DeFi tool for risk and revenue sharingPendle is not just another DeFi project, it's a tool that cuts to the heart of the cryptocurrency profitability problem. Most people in the industry are chasing quick profits, not realizing that the market is a zero-sum game in which most people lose. Pendle, on the other hand, offers something different: the ability to split an asset into principal and future gains by tokenizing them. It's not just clever, it's brilliant. Why? Because it allows traders and investors to manage risk and return in a way that no one else can. Most DeFi protocols are just pretty wrappers for high-risk schemes. They promise you returns, but they don't tell you that you're risking everything, especially in a bear market. Pendle solves this problem by allowing you to lock in a return in advance or speculate on it. It's like insurance against volatility, but with the opportunity to earn more if you know what you're doing. And here's the paradox: the DeFi market is growing, but most participants don't even understand how the underlying economics work. Pendle gives you the tools to stay one step ahead. One more point: tokenizing yield through PT (base token) and YT (yield token) is not just a technical trick. It's a way to separate risks and opportunities. You can sell YT if you want to get rid of uncertainty, or buy it if you believe in yield growth. It's like options, but in the DeFi world where the rules aren't settled yet. And guess what? Most investors don't realize this. They only see the price of the PENDLE token, but they don't see what's behind it. Alex Kostenich, Horban Brothers.
Long
by horbanbrothers
PENDLE RWA Bullish Chart prediction 2025Pendle has been excellent in 2024. The project is delivering and moving to the Top 50 is possible. Given its market cap to be sitting around $600M only, means it can have the same upside as AAVE as PENDLE is RWA and tokenization for LINK and Axelar. If you don’t hold PENDLE in your portfolio, you can enter at $4. Future Potential: Pendle's real-world asset (RWA) tokenization offers new opportunities for investment and liquidity. By bridging traditional finance with blockchain, PENDLE could become a key player in the evolving financial landscape. Latest News: Pendle Expands Tokenization Services to New Markets Usual Labs, the firm behind the DeFi protocol Usual, altered the code for its bond-like USD0++ token, reducing its fixed price from $0.995 to $0.87, causing chaos among DeFi apps that treated USD0 and USD0++ as equal in value. The change, which Usual claims was announced and planned since October, caught many investors and developers off guard, leading to criticism over poor communication. The price adjustment has disrupted DeFi integrations, with users of protocols like Pendle potentially facing losses due to the devaluation of USD0++ principal tokens. USD0 is a stablecoin pegged to the dollar and backed by real-world assets, while USD0++ is a staked version locked for four years, previously redeemable at a one-to-one ratio for USD0. Usual has updated its documentation to reflect the $0.87 redemption floor, but a conditional exit allowing one-to-one redemption for USD0 is expected next week, requiring users to forfeit some accrued yields. Concerns remain about the profitability of holding USD0++ until maturity, with industry figures like Aave's Stani Kulechov warning of potential long-term losses.
CRYPTO:PENDLEUSDLong
by osodatsismoso
2024 Overview - Whats Looking Big for 2025The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers. The winning applications? Usually theyve been in three fields. Validating. Swapping. Lending. Now there are emerging winners appearing in the fields of RWA. Yield. Whatever Ethena is. These fields are distancing themselves from the losers. The zombie fields. The seed investment fields. The metaverses. The gaming. The NFTs. The losing fields might have volatile token performance and they could definitely see strength start in 2025.. but those applications were big losers in 2024. Surprise, surprise... their token performance wasnt great. It may have something to do with the fact no one uses the application. 2025 I believe we will see those that were leading applications and leading token performers in 2024 continue to be the leaders of 2025. EDIT - I forgot to mention in the video my favourite growth chain of SUI. SUI has been a relative leader both technically and fundamentally.
Long
by SoftQuant
PENDLEUSDT Long Setup Setting / Spot TradeBINANCE:RDNTUSDT 📈Which side you pick? Bull or Bear Low-risk status: 3x-4x Leverage Mid-risk status: 5x-8x Leverage (For beginners, I suggest low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 7.41 8.08 8.70 9.42 🔴SL: 5.579 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
3 Altcoins Rejecting the $5 mark!Since you enjoyed my previous post about 3 Small Cap Crypto to watch... Here's an interesting one about altcoins retesting the $5 round number: BINANCE:FILUSDT FIL broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number. BINANCE:PENDLEUSDT PENDLE broke the structure and $5 round number. As it retests the support and lower green trendline, I will be looking for trend-following longs and target the upper bound of the channel around $7. BINANCE:RUNEUSDT RUNE broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number. Which altcoins would you like me to cover next? All Strategies Are Good; If Managed Properly! ~Rich
BINANCE:FILUSDLong
by TheSignalyst
16
PENDLE Long Spot Trade (Bullish Continuation) Market Context: PENDLE, a standout in the Ethereum ecosystem, is maintaining bullish momentum, printing higher lows while holding above the 200-day EMA. These signals point toward a continuation of the uptrend, with a likely retest of prior highs. Trade Setup: Entry Zone: Around $4.50 Take Profit Targets: First target: $6.80 Second target: $9.40 Stop Loss: Daily close below $4.00 This trade focuses on strength in a trending market, with well-defined support and upside targets. Monitor for volume confirmation and any deviations below the 200-day EMA.
Long
by Richtv_official
Alikze »» FIL | Complementary scenario of correction wave 2🔍 Technical analysis: Complementary scenario of wave 2 of super cycle - In the analysis presented in the previous post, after reaching the range of 6.25 in a short-term ascending channel, a bearish reversal candle was encountered. - According to the structure of this correction in the form of a 5-wave zigzag, it can be a correction in the form of a 2-wave correction of the entire previous upward wave. - Therefore, if this wave ends in the green box area and meets the demand, we should wait for a return cycle to the red box area (supply area). - If this reversal can break the zone after a short correction in the form of wave 3 ascending super cycle and stabilize above the zone, we will have the scenario of wave 3 ascending super cycle, which further updates will be provided subsequently. ⚠️ In addition, if this amendment enters the range of invalid level, this scenario will be invalidated and should be reviewed and revised and the scenario of the second behavioral movement should be replaced. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
3
PENDLE Daily - Bullish CHART PATTERN PENDLE has formed a W-Bottom Chart Pattern in the Daily timeframe, which could signal more upside is coming. We're also observing very distinctive higher lows and higher highs; a key sign of a bullish market. The W-Bottom pattern hasn't quite finished playing out, what we now need to see is a successful retest of support at the "neckline" which is currently at $4. What this means in simpler terms, is that the price cannot CLOSE below this, otherwise the pattern is invalidated. We're also observing a BUY signal in the weekly timeframe; a strong indication that bulls are in control for the near future: If the pattern holds, the price is likely heading towards the previous local high of $4.7 _______________________________ BINANCE:PENDLEUSDT
Long
by CryptoCheck-
#PENDLEUSDT #1D (Bybit) Broadening wedge breakout and retestPENDLE regained 50MA daily support then pulled back to it twice, forming a hammer. Looks good for bullish continuation towards 200MA resistance, buckle up! ⚡️⚡️ #PENDLE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (4.0X) Amount: 5.1% Current Price: 3.5533 Entry Targets: 1) 3.2645 Take-Profit Targets: 1) 4.2309 Stop Targets: 1) 2.9419 Published By: @Zblaba SEED_DONKEYDAN_MARKET_CAP:PENDLE BYBIT:PENDLEUSDT.P #DeFi pendle.fi Risk/Reward= 1:3.0 Expected Profit= +118.4% Possible Loss= -39.5% Estimated Gaintime= 1 month
Long
by TradingOn
PENDLE Long Position (Trend Line Breakout)Market Context: PENDLE is breaking out of a significant trend line resistance, setting up for a potential move to new local highs. Additionally, there is a strong narrative surrounding PENDLE with BTC restaking, further fueling bullish sentiment. Trade Setup: Entry: Enter a long trade around $3.3 (throwback to broken resistance). Take Profit: First target: $4 Second target: $4.6 Stop Loss: Below $2.5 📊 This setup looks promising, focusing on the breakout potential and strong fundamental backing. #PENDLE #Breakout #Crypto
Long
by Richtv_official