Pendle DAO dao
Overview
Pendle DAO operates the Pendle Finance protocol, a DeFi platform that tokenizes and trades future yield from yield-bearing assets. It splits these assets into Principal Tokens (PT) and Yield Tokens (YT), enabling users to speculate on or hedge yield. The protocol uses an automated market maker (AMM) to facilitate trading of these tokenized components.
Within the DeFi Intel graph, Pendle DAO connects to 2 tracked entities, most strongly to Pendle, PENDLE.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governs | Pendle | 95% |
supports_token | PENDLE | 95% |
Frequently asked questions
What is Pendle DAO?
Pendle DAO governs the Pendle Finance protocol, which allows users to tokenize future yield from assets like staking or lending positions.
How does Pendle work?
Pendle separates yield-bearing assets into Principal Tokens (PT) representing the principal and Yield Tokens (YT) representing future yield, tradable on its purpose-built AMM.
What is the governance token of Pendle?
The native token is PENDLE. Holders stake it into sPENDLE — the liquid staking and governance token that replaced vote-escrowed vePENDLE in January 2026 — to gain voting rights on protocol decisions and a share of protocol fees.
What is Pendle DAO connected to?
In the DeFi Intel knowledge graph, Pendle DAO is linked to 2 other tracked entities, most strongly to Pendle, PENDLE.
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