PENDLE Skyrockets 32% — Is the New .pendle Domain Behind the Surge?

Updated

April 30, 2025

Gambar PENDLE Skyrockets 32% — Is the New .pendle Domain Behind the Surge?

Jakarta, Pintu News – Unstoppable Domains, the leading platform in Web3 digital identity, has partnered with Pendle crypto, the leading DeFi protocol, to launch a new top-level domain (TLD), .pendle.

The initiative aims to change the way users interact with decentralized financial markets. With a total locked value (TVL) of $3.1 billion on Ethereum , Base, and Sonic , Pendle is now introducing a new way for users to express their DeFi identity through the .pendle domain.

Before that, get to know the price movement of PENDLE crypto in the last 1 month!

PENDLE Crypto Price Up 32.91% within 1 Month

Despite the daily decline, recorded on the Pintu Market page (30/4/25), the value of the crypto PENDLE has increased by 32.91% in the past month. In that time span, PENDLE had reached its lowest point at IDR 242,042 and its highest point at IDR 61,992.

As of writing (30/4), Pendle crypto’s market cap now stands at around $549.79 million, with trading volume dropping 12% to $44.6 million in the last 24 hours.

Advantages of .pendle Domains

Now everyone can be Pendle 💙

Thanks to @unstoppableweb, you can now now your .pendle domain and kickstart your onchain identity with the best DeFi surname(?)

Join the family 👇 https://t.co/e7pkvrvgG2
— Pendle (@pendle_fi) April 30, 2025

The .pendle domain serves not only as a digital address, but also as a comprehensive identity in the DeFi ecosystem. Sandy Carter, COO of Unstoppable Domains, emphasized that this domain is a gateway to programmable identity in DeFi.

Each .pendle domain serves as a wallet, profile, and innovation symbol, allowing users to build personalized results dashboards, manage DAO governance, and even integrate trust and credentialing systems on the blockchain.

The .pendle domain is designed to strengthen community building and personal identity among Pendle users, projects, and liquidity providers.

Dang Wong, Growth Leader of Pendle, expressed enthusiasm for this new way of representing user engagement in DeFi, which is more personalized and prominent.

Integration with Pendle Protocol

Pendle has cemented its position as one of the pillars of DeFi by allowing users to separate principal and yield for fixed income strategies.

Through the .pendle domain, Pendle ambitions to further expand this functionality by introducing tokenization of tradable outcomes and more advanced financial strategies.

The integration of the .pendle domain with the Pendle protocol is expected to open up new opportunities in the creation of innovative and adaptive financial products.

Launch and Potential Impacts

The .pendle domain will launch in Base, marking a major step in the evolution of digital identity and decentralized finance. This initiative not only strengthens Pendle’s position in the DeFi ecosystem, but also sets a new standard in the use of digital identity integrated with financial functions.

Going forward, the .pendle domain could be key in developing a blockchain-based reputation and credentialing system, providing a new dimension of transparency and trust in DeFi.

Overall, the partnership between Unstoppable Domains and Pendle through the launch of .pendle domains promises to revolutionize the way users interact and identify themselves in the DeFi world.

With expanded capabilities and deeper integration with financial protocols, the .pendle domain is poised to become an essential tool in navigating this evolving financial ecosystem.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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