Analysis for Pendle

Description & usage

Pendle is a DeFi protocol for trading yield streams and maturities of yield-bearing positions. It separates yield and principal components so users can manage rate exposure and duration risk more precisely. PENDLE is used for governance and incentive mechanisms within the protocol.

PENDLE is mainly used for governance participation and liquidity incentives in Pendle markets.

Basic info

Symbol: PENDLE
Category: DeFi
Available history: 4.6 years
Last trading day: 06/04/2026

Market context

DXY: 120.89last available value
US 10Y Real: 1.99%
Fed Balance: $6.68T
CPI YoY: 2.4%
Fed Rate: 3.75%
US 10Y: 4.35%

VIX: 24.54
HY OAS: 3.17%
Brent: $121.88
Core CPI: 2.5%
US 2Y: 3.84%
ISM PMI: –

Score overview

Analysis summary

Overall, the picture looks calm but not clearly directional. Performance is currently doing more of the work than trend, with sub-scores of 73 for performance, 55 for stability and 49 for trend.

The strongest support currently comes from the more recent return profile. One- and three-year returns are running at -68.7 % and 198.7 %, which gives the setup some current traction.

The main drag is limited directional confirmation. Trend strength is still modest, which means the chart is not broken but still needs a clearer trend signal.

The next important change would be clearer direction. Right now the chart is neither broken nor convincing enough to support a stronger technical call.

Historical evaluation and qualitative market context only, not investment advice.