Pendle (PENDLE) | Tokenomics, Supply & Release Schedule

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Pendle

PENDLE

0x8085…8da827

Rank #166

DeFi Liquid RestakingView all

Price

$1.30

Burn

--

Buyback

--

Dynamic

No

Claim

$334.42M

Raise Amount

$17.83M

Version 2

Updated: 23 Feb 2026

Version 2

Updated: 23 Feb 2026

Pendle Updates

Trending Tokens

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Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 23-Mar 1, 2026 | The Shift Toward Deflationary Tokenomics

In this report, we break down last week’s supply-driven underperformance, highlight major upcoming unlocks including $SUI and $GRASS, and examine notable tokenomics shifts from $HYPE and $APT — both signaling a broader industry pivot toward supply discipline and deflationary mechanics.

Feb 23, 2026

4 mins read

Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 16–22, 2026 | Insider Unlocks and Emission Shifts

In this report, we break down $ZRO and $YZY unlock risks, Backpack’s growth-triggered TGE model, USDai’s $CHIP public sale mechanics, and Jupiter’s latest tokenomics proposal — and what each means for forward supply dynamics.

Feb 16, 2026

5 mins read

Weekly Unlocks Digest

Weekly Token Unlocks Digest: Feb 9 –15, 2026 | Risk-Off Market

In this environment, this week’s report breaks down what’s moving beneath the surface — from $HYPE’s resilience through unlocks, $PUFFER’s supply pressure, $RNBW’s TGE structure, MegaETH’s KPI-gated launch, to Polymarket’s $POLY airdrop signals.

Unlocks Activity in February 2026

As the market moves into February 2026, a fresh wave of liquidity is set to emerge from a diverse range of projects across the security, AI-DeFi, and Bitcoin-native finance segments.

Feb 3, 2026

7 mins read

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Token Information

Last updated 02/27/26 02:00 AM

What is the Pendle token vesting schedule?

Pendle follows a vesting schedule with allocations to the Liquidity Incentives, Team, Ecosystem Fund, Investors, Liquidity Bootstrapping and Advisors. Most allocations are released through a cliff mechanism. The full unlock schedule extends into 2030.

When is the next Pendle unlock?

Pendle is fully unlocked.

How much Pendle supply is currently unlocked?

As of today, approximately 165,323,541 Pendle which is 58.72% of Pendle's total supply has been unlocked. The remaining tokens are will be released according to the release mechanism.

Is Pendle vesting cliff or linear?

Pendle uses linear vesting, especially for Liquidity Incentives allocations. This means tokens are released in equal amounts over time, reducing sudden supply shocks.

What is the difference between Pendle circulating and total supply?

The circulating supply of Pendle is 165,323,541 tokens and the total supply is 281,527,448 tokens. The total supply is the max amount of tokens to ever be in circulation, including those that are still locked.

What is Pendle's FDV (Fully Diluted Valuation)?

Pendle’s FDV is $365,985,682 which reflects the market value if all 281,527,448 tokens were unlocked. This figure helps estimate long-term dilution risks.

How is Pendle allocated across stakeholders?

The Pendle allocation includes Investors at 12.07%, Liquidity Bootstrapping at 5.35%, Advisors at 0.80%, Liquidity Incentives at 49.21%, Team at 17.74% and Ecosystem Fund at 14.83%.

Has Pendle price dropped after past unlocks?

Historically, Pendle has shown high volatility 7 days after the past unlock. The price impact depends on who receives the unlocked tokens and market conditions.

How can I track upcoming Pendle unlocks?

Tokenomist provides an up-to-date vesting chart and unlocks monitor that shows upcoming unlocks for Pendle, with visibility for each allocation and amount.

Tokenomist.ai provides a complete solution for supply-side tokenomics data. Analyze future token emissions, track vesting schedules, and compare standardized tokenomics and allocation across projects to gain actionable insights

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