Pendle Introduces PendleLoop for Onchain Tokenized Stock Long Positions
Pendle's new PendleLoop feature allows users to take long positions on tokenized stocks directly on the blockchain.
Pendle's new PendleLoop feature allows users to take long positions on tokenized stocks directly on the blockchain. Pendle (PENDLE) is trading at ₹197 ($2.08), up 1.0% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Fri, 23 Oct 2026 04:00:01 UTC.
This development could transform trading dynamics by enabling decentralized access to tokenized stock positions, potentially attracting new users to the DeFi ecosystem and increasing Pendle's Total Value Locked (TVL).
- PendleLoop enables onchain long positions on tokenized stocks.
- Pendle's TVL stands at $1.05B, down 5.5% over the past week.
- The feature could attract new users to DeFi amid neutral market sentiment.
- Pendle Forecasts $3T to $10T Tokenized RWA Market by 2030
- Pendle Platform Hosts 25% of Largest DeFi Tokenized Equity STRCx
- Pendle Introduces PendleLoop for Leveraged Trading and Yield Strategies
- Pendle Introduces PendleLoop for Onchain Tokenized Stock Long Positions — this brief
Pendle has introduced PendleLoop, a new feature that allows users to take long positions on tokenized stocks directly on the blockchain. This development marks a significant expansion of Pendle's platform capabilities.
The launch of PendleLoop could potentially reshape trading dynamics by providing decentralized access to tokenized stock positions. This could attract new users to the DeFi ecosystem, particularly those interested in trading tokenized assets.
According to DeFiLlama, Pendle's Total Value Locked (TVL) currently stands at $1.05B, though it has decreased by 5.5% over the past week. This indicates that while the platform is experiencing some volatility, it remains a significant player in the DeFi space.
The broader crypto market is currently experiencing a downturn, with the total market cap at $2.8T and 
Bitcoin down 1.59% in the last 24 hours. The Fear & Greed index is at 50, indicating a neutral market sentiment.
Pendle's native token, PENDLE, is currently priced at $2.06, down 3.95% in the last 24 hours and 0.72% over the past week. Despite this, the market cap of PENDLE remains robust at $359.14M.
Since this brief published about 1 hour ago, Pendle (PENDLE) has moved from ₹195.50$2.06 to ₹197.39$2.08 — +0.97%.
The chart plots PENDLE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 PENDLE ≈ ₹215.28 (about $2.08), down 3.1% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 23, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Pendle Introduces PendleLoop for Onchain Tokenized Stock Lon — questions & answers
What is PendleLoop?
PendleLoop is a new feature that allows users to take long positions on tokenized stocks directly on the blockchain.
How much is Pendle's TVL?
Pendle's TVL is $1.05B, according to DeFiLlama, though it has decreased by 5.5% over the past week.
What is the current price of PENDLE?
PENDLE is currently priced at $2.06, down 3.95% in the last 24 hours.
How much is 1 Pendle worth in rupee today?
About ₹215.28 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2.08. The rupee price moves with both PENDLE's US-dollar price and the USDT/INR rate; use our Pendle in rupee page for any amount.
Has Pendle's price moved since this brief was published?
PENDLE is up 0.97% since this brief first published — trading at ₹197 ($2.08) now versus ₹195 ($2.06) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.