Pendle Token (PENDLE) gets listed on ONUS

Starting from 10:00 UTC on July 3rd, we officially list Pendle (PENDLE) on the ONUS application. Soon after PENDLE is added, users can perform the following features:

  • Off-chain transactions: Send and receive PENDLE with other users in the ONUS network.
  • Trade: Swap from VNDC or USDT to PENDLE and vice versa.

About Pendle

Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.

Protocol Mechanics:

  1. Yield Tokenization

First, Pendle wrap yield-bearing tokens into SY(standardized yield tokens), which is a wrapped version of the underlying yield-bearing token that is compatible with the Pendle AMM (e.g. stETH → SY-stETH). SY is then split into its principal and yield components, PT (principal token) and YT (yield token) respectively, this process is termed as yield-tokenization, where the yield is tokenized into a separate token.

  1. Pendle AMM

Both PT and YT can be traded via Pendle’s AMM. By providing liquidity to Pendle AMM, users can earn profit and receive other incentives.

  1. vePENDLE

As a yield derivative protocol, we are bringing the TradFi interest derivative market (worth over $400T in notional value) into DeFi, making it accessible to all.

By creating a yield market in DeFi, Pendle unlocks the full potential of yield, enabling users to execute advanced yield strategies.


What is PENDLE?

PENDLE is a native coin of the Pendle ecosystem, operating on Ethereum according to 20 standard, and can be used to: 

  • Users stake PENDLE to receive vePENDLE and receive rewards.
  • vePENDLE holders decide the flow of incentives to various pools, rewarding LPs in the pool they vote for. Voting for a pool makes vePENDLE owners eligible to receive  80% of the accrued swap fees.


  • Name: Pendle
  • Symbol: PENDLE
  • Platform: Ethereum
  • Standard: ERC20
  • Type: Utility, Governance
  • Smart Contract Address: 0x808507121b80c02388fad14726482e061b8da827