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Pendle (PENDLE) news: what is happening today

Cryptocurrency
Recorded events
40
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2026-07-24
Pendle

Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC

Pendle: Large wallets are fading the rally

Pendle is up 18.31% over a month. The rally has not pulled large wallets in — they still lean net-short, a divergence worth watching.

What matters on Pendle right now?

Pendle is rising while large Hyperliquid wallets keep leaning short — the split between price and positioning is the story right now. What stands out right now:

What does the Pendle data show?

1. Large wallets are fading the rally

37% of active large-wallet money on Pendle is positioned short right now: $1.6 M long against $2.6 M short, spread over 50 wallets on Hyperliquid. Price has risen 18.31% over the period and large wallets have not chased it. A net-short book into strength is the distribution shape: someone is selling into the bid. These are open positions read from the chain, not opinions, and they change daily.

Long money$1.6 M · 23 wallets
Short money$2.6 M · 27 wallets
Full whale positioning across all markets →

2. Death cross on the daily chart

The 50-day moving average crossed below the 200-day. It is a slow signal by construction — both averages look backwards — but it marks the point where the medium-term trend changed sign. Market structure is still making higher highs and higher lows. The most recent daily candle pattern is bearish engulfing. RSI (14) is 46.5.

3. Pendle is parked in the lower third of its 90-day range

Pendle is 31% of the way up its 90-day range, which runs from $1.148 to $2.201; over 30 days the market is +18.31%. The same headline number means something different at the top of a range than at the bottom — which is why position is worth naming.

What has already happened to Pendle?

July 2026

  • MACDreconstructed
    PENDLE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles

June 2026

  • Moving averagesreconstructed
    PENDLE formed a death cross: the 50-day average crossed below the 200-daySMA 50 $1.511 against SMA 200 $1.527, 1.04% apart
Show the earlier history (38 more entries)

May 2026

  • New highreconstructed
    Pendle closed at a 90-day high of $2.148Previous peak of the 90-day window $2.075, exceeded by 3.51%
    +3.51%
  • Volumereconstructed
    PENDLE traded $12.6 M, 5.7× its 30-day median volume while price moved +8.57%30-day median volume $2.2 M
    +8.57%
  • New highreconstructed
    Pendle closed at a 90-day high of $2.075Previous peak of the 90-day window $1.972, exceeded by 5.26%
    +5.26%
  • New highreconstructed
    Pendle closed at a 90-day high of $1.972Previous peak of the 90-day window $1.888, exceeded by 4.43%
    +4.43%
  • Volumereconstructed
    PENDLE traded $13.2 M, 14.9× its 30-day median volume while price moved +4.43%30-day median volume $886 K
    +4.43%
  • New highreconstructed
    Pendle closed at a 90-day high of $1.888Previous peak of the 90-day window $1.600, exceeded by 17.99%
    +17.99%
  • Sharp movereconstructed
    Pendle moved +18.82% in a day, 3.3× its 30-day volatility30-day standard deviation of daily returns 5.74%
    +18.82%

April 2026

  • Volumereconstructed
    PENDLE traded $3.2 M, 3.9× its 30-day median volume while price moved +8.09%30-day median volume $819 K
    +8.09%
  • Sharp movereconstructed
    Pendle moved +16.72% in a day, 4.2× its 30-day volatility30-day standard deviation of daily returns 4.02%
    +16.72%
  • Volumereconstructed
    PENDLE traded $2.2 M, 3.6× its 30-day median volume while price moved +16.72%30-day median volume $622 K
    +16.72%
  • New lowreconstructed
    Pendle closed at a 180-day low of $1.015Previous trough of the 180-day window $1.055, undercut by 3.76%
    −3.76%

February 2026

  • New lowreconstructed
    Pendle closed at a 180-day low of $1.136Previous trough of the 180-day window $1.456, undercut by 21.98%
    −21.98%
  • Sharp movereconstructed
    Pendle moved −21.98% in a day, 4.9× its 30-day volatility30-day standard deviation of daily returns 4.50%
    −21.98%
  • New lowreconstructed
    Pendle closed at a 180-day low of $1.456Previous trough of the 180-day window $1.514, undercut by 3.81%
    −3.81%

January 2026

  • New lowreconstructed
    Pendle closed at a 180-day low of $1.600Previous trough of the 180-day window $1.689, undercut by 5.25%
    −5.25%
  • Volumereconstructed
    PENDLE traded $4.4 M, 3.2× its 30-day median volume while price moved +6.37%30-day median volume $1.4 M
    +6.37%
  • Volumereconstructed
    PENDLE traded $4.2 M, 4.2× its 30-day median volume while price moved +7.53%30-day median volume $1.0 M
    +7.53%

December 2025

  • New lowreconstructed
    Pendle closed at a 180-day low of $1.689Previous trough of the 180-day window $1.762, undercut by 4.18%
    −4.18%
  • New lowreconstructed
    Pendle closed at a 180-day low of $1.762Previous trough of the 180-day window $1.831, undercut by 3.75%
    −3.75%
  • New lowreconstructed
    Pendle closed at a 180-day low of $1.831Previous trough of the 180-day window $2.025, undercut by 9.60%
    −9.60%
  • New lowreconstructed
    Pendle closed at a 90-day low of $2.025Previous trough of the 90-day window $2.098, undercut by 3.46%
    −3.46%

November 2025

  • Volumereconstructed
    PENDLE traded $6.9 M, 3.9× its 30-day median volume while price moved +11.45%30-day median volume $1.8 M
    +11.45%
  • Volumereconstructed
    PENDLE traded $4.6 M, 3.1× its 30-day median volume while price moved −6.36%30-day median volume $1.5 M
    −6.36%
  • New lowreconstructed
    Pendle closed at a 90-day low of $2.105Previous trough of the 90-day window $2.503, undercut by 15.88%
    −15.88%
  • Sharp movereconstructed
    Pendle moved −15.88% in a day, 3.6× its 30-day volatility30-day standard deviation of daily returns 4.37%
    −15.88%
  • New lowreconstructed
    Pendle closed at a 90-day low of $2.503Previous trough of the 90-day window $2.582, undercut by 3.04%
    −3.04%
  • New lowreconstructed
    Pendle closed at a 90-day low of $2.626Previous trough of the 90-day window $2.717, undercut by 3.33%
    −3.33%
  • New lowreconstructed
    Pendle closed at a 90-day low of $2.717Previous trough of the 90-day window $3.032, undercut by 10.39%
    −10.39%

October 2025

  • Volumereconstructed
    PENDLE traded $13.5 M, 3.4× its 30-day median volume while price moved −2.49%30-day median volume $4.0 M
    −2.49%
  • New lowreconstructed
    Pendle closed at a 90-day low of $3.353Previous trough of the 90-day window $3.539, undercut by 5.25%
    −5.25%
  • New lowreconstructed
    Pendle closed at a 90-day low of $3.539Previous trough of the 90-day window $3.730, undercut by 5.12%
    −5.12%
  • Open interestreconstructed
    PENDLE open interest fell 55.87% to $6.8 M while price moved −22.07%: longs unwindingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions
    −22.07%
  • Sharp movereconstructed
    Pendle moved −22.07% in a day, 5.3× its 30-day volatility30-day standard deviation of daily returns 4.17%
    −22.07%

September 2025

  • Open interestreconstructed
    PENDLE open interest rose 50.19% to $21.7 M while price moved −5.72%: fresh shorts buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions
    −5.72%
  • Volumereconstructed
    PENDLE traded $32.7 M, 7.0× its 30-day median volume while price moved −5.72%30-day median volume $4.7 M
    −5.72%

August 2025

  • Volumereconstructed
    PENDLE traded $20.6 M, 3.0× its 30-day median volume while price moved −1.47%30-day median volume $6.8 M
    −1.47%
  • Volumereconstructed
    PENDLE traded $24.1 M, 4.3× its 30-day median volume while price moved +8.16%30-day median volume $5.7 M
    +8.16%
  • Sharp movereconstructed
    Pendle moved +25.28% in a day, 5.8× its 30-day volatility30-day standard deviation of daily returns 4.39%
    +25.28%

Entries are produced by the Spottrench algorithm from Hyperliquid data.

What is next for Pendle?

Dates we can verify and levels that would change the read on Pendle. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.

  • Close below $1.148 (21.98% away)That is the floor of the 90-day range. A daily close below it undercuts the structure and would file a breakdown entry in the log above.
  • Golden cross is 3.54% awayThe 50-day average sits 3.54% below the 200-day. If they cross, the medium-term trend signal changes sign — a slow event, but one that usually holds for months rather than days.
  • Model's 30-day marker: $1.448 (−1.62%)A deterministic projection from the same combined signal, damped by volatility. It is arithmetic, not a forecast anyone stands behind — and certainly not advice.

Unlock schedule from DefiLlama; earnings dates from the company calendar.

The bottom line

Pulling it together, our combined signal reads SELL (43/100, where 50 is neutral). On the last closed day Pendle fell 0.25% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why Pendle moved — everything above is measurement, not a cause.

Full PENDLE factor breakdown and price prediction →

Frequently asked questions

What is the latest news on Pendle?

The most recent development we recorded is: Large wallets are fading the rally (2026-07-25). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.

How often is the Pendle page updated?

Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.

Where does the Pendle data on this page come from?

From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.

Is this Pendle page investment advice?

No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.

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