Pendle (PENDLE) to USD converter

Use the calculator above to convert Pendle (PENDLE) into US dollars or another supported fiat currency. The PENDLE leg follows our live multi-exchange composite; fiat values use dated reference rates and are identified separately.

PENDLE to USD converts Pendle into dollars at our composite rate: every dollar-quoted PENDLE market we track, weighted by volume, rather than one exchange's price.

Enter any amount above, or read the fixed amounts in the tables below. Both update with the live price.

PENDLE to USD conversion table

USD to PENDLE conversion table

How is the Pendle conversion calculated?

We multiply the entered PENDLE amount by our current USD composite. For currencies other than USD, that result is multiplied by the displayed USD reference rate. Exchange fees, card charges, spreads and slippage are not included, so an actual buy or sale can settle at a different amount.

Why the PENDLE to USD rate differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.18 percent, about seven times Bitcoin's, and it went above half a percent in about 19 minutes out of every thousand. At its widest it reached about 1.4 percent.

On a large conversion the venue matters. The Pendle price page lists every venue's price side by side.

PENDLE to USD or PENDLE to USDT: is there a difference?

Usually a fraction of a cent per dollar. Most PENDLE volume trades against the stablecoins USDT and USDC rather than actual dollars. Our composite includes USD and the dollar stablecoins we track, so a stablecoin losing its peg would appear as cross-venue spread rather than quietly moving the rate.

What affects the PENDLE to USD rate

Supply and demand across the exchanges, and the wider crypto market. In our hourly composite PENDLE moved with Bitcoin at a correlation of about 0.44 and its moves were about three times the size of Bitcoin's.

The 24-hour high, low and change above show how far the rate has moved today. The gap between exchanges shows how much the venues disagree right now.

What you actually receive when you sell PENDLE for dollars

The converter shows market value. What reaches your bank is that value minus the trading fee, any fiat withdrawal fee, and slippage on a large order.

Worked example: selling 400 PENDLE at $2.50 is worth $1,000. A 0.1 percent spot fee takes $1, leaving $999 before withdrawal charges.

How much is 1 PENDLE worth?

One PENDLE is currently worth $1.71 on our composite. The value and both conversion tables update after the page loads when fresh composite prices arrive.