Position
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Info
24h Volume
Open Interest
1h Funding
About Pendle (PENDLE) Perpetual Futures
The PENDLE-USD perpetual contract lets you trade Pendle (PENDLE) with up to 5x leverage on the Hyperliquid decentralized exchange through Perpmate. You can go long if you expect the price to rise or go short if you expect it to fall, all without owning the underlying asset. Positions are settled in USDC and secured by Hyperliquid's onchain order book.
Pendle (PENDLE) is a cryptocurrency perpetual. Crypto perps trade 24/7 and let you take leveraged long or short exposure to Pendle (PENDLE) without holding the underlying token, with all positions settled in USDC.
As of the latest update, PENDLE-USD trades at $1.51 (+5.88% over the last 24 hours), with $3.47M in 24-hour volume, $6.65M in open interest, and an hourly funding rate of 0.0013%.
Perpmate provides real-time PENDLE-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Pendle (PENDLE) perpetuals.
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FAQ
What is leverage on PENDLE-USD perpetuals?
Leverage lets you control a larger position with less capital. With 5x leverage, a $100 entry controls $500.00 of PENDLE-USD. It increases both potential profit and risk.
What happens if I long or short Pendle (PENDLE)?
If you long Pendle (PENDLE) and the price goes up, you make money; if it goes down, you lose money. Shorting is the reverse: you profit when the price falls and lose when it rises. Leverage increases both your gains and your losses.
What happens if I get liquidated trading Pendle (PENDLE)?
Liquidation happens when the market moves against your position and your margin can no longer cover the loss. The position is closed automatically and you lose your margin. To avoid it, keep enough USDC to back your position, use lower leverage, and set a stop-loss and take-profit.
What is the maximum leverage on Pendle (PENDLE)?
You can trade Pendle (PENDLE) perpetuals with up to 5x leverage on Perpmate. Higher leverage increases both potential returns and the risk of liquidation, so size your positions carefully.
What is the funding rate on PENDLE-USD?
The funding rate is a small periodic payment exchanged between long and short traders that keeps the PENDLE-USD perpetual price aligned with the spot price. When it is positive, longs pay shorts; when negative, shorts pay longs. You can see the current PENDLE-USD funding rate live on this page.