Where and How to Lend Pendle (PENDLE)

Introduction

Lending Pendle can be a great option for those who want to hold PENDLE but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Pendle (PENDLE) Tokens

   To lend Pendle, you need to have it. To acquire Pendle, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   M2	Pendle (PENDLE)	3.49
   Uphold	Pendle (PENDLE)	3.69
   Kraken	Pendle (PENDLE)	3.5
   OKX	Pendle (PENDLE)	3.48
   YouHodler	Pendle (PENDLE)	3.49
   Binance	Pendle (PENDLE)	3.49

   See all 51 prices

2. 2. Choose a Pendle Lender

   Once you have PENDLE, you’ll need to choose a Pendle lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Pendle (PENDLE)	Up to 30 AER
   Kucoin	Pendle (PENDLE)	Up to 0.5 AER

   See all 4 lending rates

3. 3. Lend Your Pendle

   Once you’ve chosen a platform to lend your Pendle, transfer your Pendle into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.