How to buy Pendle (PENDLE) in Australia

Learn how to buy Pendle (PENDLE) easily by following a step-by-step guide and compare 10+ crypto exchanges.

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How to buy Pendle

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Pendle.

  1. Open an account on an exchange that supports PENDLE.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Pendle.
  3. Buy Pendle.
    Complete your Pendle purchase and then find the best wallet to store PENDLE.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Pendle?

PENDLE is the native token of the Pendle protocol. It is an ERC-20 token built on Ethereum.

Pendle is a unique automated market maker (AMM) built on top of existing protocols. Pendle is the first protocol to allow for trading tokenized future yield. With Pendle, holders of assets that generate yield can lock in future yield up-front, without underlying collateral.

When holders of yield generating assets deposit their tokens on Pendle, the user mints ownership tokens (OT) and yield tokens (YT). Ownership tokens represent the underlying principle, while yield tokens can be used in two different ways: depositing YT to earn fees and selling YT.

Pendle (PENDLE) is the 793rd largest cryptocurrency in the world by market cap, valued at $31,805,461. The current price of Pendle is $0.401706, which is -6.096% lower than yesterday. Prices have ranged between $0.427784 and $0.40238 over the past 24 hours. All prices are listed in US dollars and accurate as of January 19, 2022 03:01 UTC.

Where to buy Pendle

Find an exchange to buy, sell and trade PENDLE by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA


Buy 200+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay


A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.

Compare up to 4 providers

Pendle at a glance

Information last updated January 19, 2022 03:01 UTC.
Coin symbol PENDLE
Coin Marketcap US$31,805,461
Total PENDLE supply 198,923,093
Circulating PENDLE 79,043,300
Current price US$0.401706
All time high US$2.45
Notable team members TN Lee, GT, YK and Vu
Partnerships BENQI, Trader Joe, Olympus Pro
Industry Automated Market Maker (AMM)
Token uses Liquidity, Governance
Network Ethereum

Pendle price performance over time

Historical prices compared with the price of US$0.401706.

1 hour -0.80%
24 hours -6.10%
7 days -7.72%
14 days -31.42%
30 days 31.15%
60 days -37.25%
200 days -30.58%
1 year N/A

Recent Pendle developments

January, 2022: wMEMO is live on Pendle. Users can now mint, stake, and trade wMEMO yield.

How to sell Pendle

You can cash out your PENDLE with the same exchange you bought it through:

  1. Sign in to the exchange you have PENDLE on.
    If you store your Pendle in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of PENDLE you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Pendle.

What to consider when buying Pendle

PENDLE is the native utility token of the Pendle protocol, and investors of PENDLE should keep risks in mind, including:
  • HODLING. Long term holders can earn rewards for providing liquidity to pools available on the AMM. It is important to note that a hybrid inflation model was adopted by the protocol allowing a rate of 2% per annum after a 260 week period.
  • Future of the token. In the future, the token may also be used for governance. As such, holders of the token will be able to make proposals and vote on the future direction of the AMM.
  • Fluctuations. Price appreciation for PENDLE largely depends on the adoption of the Pendle AMM and the expansion of the protocol's assets. The Pendle protocol is reliant on the yield tokens of other DeFi protocols, like Aave and Compound.

Disclaimer: Cryptocurrencies, including Pendle, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PENDLE is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Pendle or any other cryptocurrency discussed.

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