Ethena WalletPendle
Markets for the principal and yield components of assets.
In the Ethena ecosystem
Pendle separates an asset’s principal and yield exposure into components. Maturity, market pricing and the underlying asset all matter when understanding those components.
Role and limitations
Yield exposure is not a promise of a return. Pricing, maturity and smart-contract risk can affect the outcome.
An independent service
Pendle is a third-party service with its own access conditions, documentation and risks. Its role in the ecosystem does not establish integration into Ethena Wallet. Review the relevant service before using it.