PENDLE is a native utility token with a total supply of 251 million coins. Currently, approximately 140 million PENDLE (56% of the total supply) are in circulation. The token serves as a liquidity incentive, where locking PENDLE as vePENDLE for up to 2 years allows holders to vote on reward distributions across different pools. These vePENDLE holders also benefit from two revenue streams. Due to its lucrative rewards, PENDLE has attracted significant investor interest. For those looking to invest, understanding which platforms list PENDLE is essential for trading. Below, we detail the top exchanges where PENDLE is available.
Top Trading Platforms Listing PENDLE Coin
PENDLE is listed on 21 exchanges, including major platforms like Binance, Huobi Pro, and BitMart. Below is a curated list of the top 10 reputable and secure exchanges:
- Binance
A leading global cryptocurrency exchange, Binance offers fast trading speeds and a wide range of digital assets. It serves users across 180+ countries with advanced trading technology. - Huobi Pro
Operated by Huobi Group, this platform provides over 40 digital asset classes for trading and investment, with a strong presence in Singapore and other regions. - HKEx.one
A Singapore-based exchange focusing on blockchain gaming ecosystems, HKEx.one supports multiple languages and serves over 120,000 registered users. - ProEx
Headquartered in Singapore, ProEx specializes in derivatives trading and adheres to strict KYC and anti-money laundering standards. - BitMart
Ranked highly on CoinMarketCap, BitMart offers spot and futures trading, serving 500,000+ users globally since its 2018 launch. - Gate.io
Known for its security and reliability, Gate.io provides access to nearly 500 blockchain assets across 224 countries. - Bitget
A derivatives-focused platform, Bitget has a user base of 900,000+ and operates in multiple regions, including Japan and Canada. - KuCoin
Popular among 500,000+ users in 207 countries, KuCoin offers spot, futures, and lending services with 24/7 multilingual support. - MEXC Global
This exchange provides a full suite of trading options, including ETFs and contracts, backed by top-tier security measures. - LBank
Launched in 2016, LBank aims to be a blockchain-based "ledger bank," offering diverse financial products and applications.
How PENDLE’s Tokenomics Work
PENDLE wraps yield tokens into SY, a compatible version of base yield tokens. These are split into Principal Tokens (PT) and Yield Tokens (YT), enabling yield tokenization. Both PT and YT can be traded via PENDLE’s AMM, but users should review the protocol’s documentation for optimal trading strategies.
FAQs About PENDLE Coin
1. What is PENDLE used for?
PENDLE incentivizes liquidity and allows holders to vote on reward distributions. Locking PENDLE as vePENDLE grants additional revenue streams.
2. Is PENDLE available on decentralized exchanges (DEXs)?
Yes, PENDLE can be traded on select DEXs, but this article focuses on centralized platforms for broader accessibility.
3. How do I stake PENDLE?
Staking involves locking PENDLE as vePENDLE for up to 2 years, which then enables voting rights and fee accumulation.
👉 Explore PENDLE trading on OKX
👉 Learn more about yield tokenization here
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