Penpie

Penpie

Maximize your Pendle Finance yields — the governance aggregator and yield booster for Pendle.

Launch Year
2023
Consensus
N/A (DeFi protocol)
Max Supply
30,000,000 PNP
Block Time
N/A
PNP
PNP
Penpie
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap PNP Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Penpie Price Chart

PNP / USD
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Data by CryptoCompare

About Penpie

Penpie is a yield enhancement and governance aggregation platform built on top of Pendle Finance. Pendle is a yield tokenization protocol where interest rates can be traded; Penpie maximizes yield for Pendle users by aggregating vePENDLE voting power and directing gauge rewards. Users deposit Pendle LP tokens into Penpie to receive boosted yields (up to 2.5x), while mPENDLE holders (liquid vePENDLE) receive bribe revenue and protocol fees. PNP is the native governance token controlling Penpie's emission strategy and treasury. Penpie operates similarly to Convex Finance's relationship with Curve.

History

2023
Penpie launches as the first governance aggregator for Pendle Finance.
2023
PNP token launches; mPENDLE introduced as liquid vePENDLE derivative.
2023
Penpie rapidly grows to hundreds of millions in TVL as Pendle ecosystem expands.
2024
Penpie expands to multiple chains following Pendle's multichain deployment.
2024
Penpie introduces bribe marketplace allowing protocols to bid for Penpie's vePENDLE votes.

How to Swap PNP

Swapping Penpie (PNP) on SyntheticSwap requires no KYC or account creation. PNP exists on both Ethereum and BNB Chain, so wallets like MetaMask, Trust Wallet, and Ledger support it on both networks. Open SyntheticSwap, select PNP as your source or destination, enter your receiving address, and confirm the floating rate. Once your PNP deposit is confirmed on the respective chain, the destination asset is automatically delivered to your wallet. SyntheticSwap is fully non-custodial.

How to Store PNP

Store PNP in MetaMask or any EVM-compatible wallet. The Penpie platform at penpiexyz.io provides staking and governance interfaces for PNP holders.

Frequently Asked Questions