PENDLE is the native utility token of the Pendle protocol, with a total supply of 251 million tokens. Approximately 140 million PENDLE (56% of the total supply) are currently in circulation. The token incentivizes liquidity provision: users can lock PENDLE as vePENDLE for up to 2 years to vote on emission rewards for pools. vePENDLE holders also earn fees from two revenue streams. Given its lucrative rewards, many investors seek to trade PENDLE—but first, they need to know which exchanges list PENDLE coin. Below, we detail the top platforms supporting PENDLE trading.
Top 10 Exchanges Listing PENDLE Coin
As of 2025, PENDLE is available on 21 exchanges, including major players like Binance and Huobi. Here’s a curated list of the most reputable platforms:
1. Binance
👉 Trade PENDLE on Binance
Binance leads the global crypto market with ultra-fast matching engines (1.4M orders/second) and services spanning 180+ countries. It offers extensive trading pairs, educational resources, and project incubation.
2. Huobi Global
Huobi Global serves 130+ countries with 40+ digital assets. Its Singapore-based team emphasizes security and innovation, catering to both retail and professional traders.
3. HKEx.one
A Singapore-based platform focused on blockchain gaming ecosystems, HKEx.one supports 120K+ users with multilingual services and robust asset management.
4. ProEx
Headquartered in Singapore, ProEx specializes in derivatives trading with AAA-grade KYC standards. Its team includes ex-banking experts from HSBC and Standard Chartered.
5. BitMart
Ranked top on CoinMarketCap, BitMart hosts 500K+ users across 224 countries. Services include spot/contract trading, OTC, and staking, with a strong emphasis on compliance.
6. Gate.io
Gate.io offers 500+ assets across 224 countries, prioritizing security and fairness. Features include spot trading, margin, and decentralized finance (DeFi) integrations.
7. Bitget
Bitget excels in derivatives, serving 90K+ users globally. Backed by SNK and Andreessen Horowitz, it supports futures, spot, and copy trading.
8. KuCoin
KuCoin serves 5M+ users in 207 countries with multilingual support. Its "People’s Exchange" model includes staking, lending, and Pool-X liquidity mining.
9. MEXC Global
MEXC combines spot, leverage, ETF, and contract trading. Partnering with top security firms, it ensures asset safety for its global user base.
10. LBank
Launched in 2016, LBank operates from the British Virgin Islands, offering diverse crypto financial products and blockchain-based banking solutions.
How PENDLE’s Tokenomics Work
PENDLE wraps yield-bearing tokens into SY (compatible with Pendle’s AMM), then splits them into:
- PT (Principal Tokens): Redeemable for underlying assets at maturity.
- YT (Yield Tokens): Entitle holders to future yield.
Both PT and YT are tradable on Pendle’s AMM, but users should review protocol documentation for optimal strategies.
FAQ
Q: Is PENDLE a good investment in 2025?
A: PENDLE’s value hinges on Pendle’s protocol adoption and DeFi yield trends. Research tokenomics and market conditions before investing.
Q: Can I stake PENDLE for passive income?
A: Yes! Locking PENDLE as vePENDLE earns voting rights and fee shares. Longer locks yield higher rewards.
Q: Which wallets support PENDLE storage?
A: Use MetaMask, Trust Wallet, or Ledger. Always verify contract addresses to avoid scams.
👉 Explore PENDLE trading strategies
Disclaimer: This content is informational only. Cryptocurrency investments carry risks; conduct independent research before trading.
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