Pendle Introduces Tokenized Stocks for Nvidia and Tesla on DeFi Platform
Pendle has launched tokenized stocks for Nvidia and Tesla, enabling fixed yield opportunities in DeFi.
Pendle has launched tokenized stocks for Nvidia and Tesla, enabling fixed yield opportunities in DeFi. Pendle (PENDLE) is trading at $2.10. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Mon, 12 Oct 2026 18:45:01 UTC.
This development bridges traditional equities with decentralized finance, potentially attracting new users to DeFi by offering exposure to high-demand tech stocks with yield opportunities. It also signifies growing innovation in tokenizing real-world assets.
- Pendle now offers tokenized Nvidia and Tesla stocks on its platform.
- Users can earn fixed yields through these tokenized stock offerings.
- Pendle's TVL is $1.22B despite a 2.5% weekly decline.
Pendle has expanded its platform by introducing tokenized stocks for two major tech companies, Nvidia and Tesla. This new offering allows users to gain exposure to these high-demand stocks while also earning fixed yields through the platform's DeFi mechanisms.
The integration of traditional equities into DeFi platforms like Pendle represents a significant step towards bridging the gap between conventional finance and decentralized systems. This could attract a broader user base to DeFi by offering familiar investment options with added yield opportunities.
Currently, Pendle's Total Value Locked (TVL) stands at $1.22 billion, according to DeFiLlama, although it has experienced a 2.5% decline over the past week. This suggests that while the platform is maintaining a substantial presence in the DeFi space, it is not immune to broader market fluctuations.
The broader crypto market is experiencing a downturn, with the total market cap at $2.86 trillion and 
Bitcoin down 1.56% in the last 24 hours. The Fear & Greed Index remains in 'Greed' territory at 69, indicating a cautious optimism despite the overall market decline.
The Pendle (PENDLE) token has also been affected, with its price at $2.1, down 4.91% in the last 24 hours and 14.39% over the past week. This suggests that while the new product launch is innovative, it has not yet provided a significant boost to the token's price.
Since this brief published about 56 minutes ago, Pendle (PENDLE) has moved from $2.10 to $2.10 — +0.00%.
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; intraday detail builds over the first day). 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 ≈ ₹218.82 (about $2.10), down 5.0% over 24 hours. The rupee itself trades about 7.5% 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 12, 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 Tokenized Stocks for Nvidia and Tesla on D — questions & answers
What are the benefits of tokenized stocks on Pendle?
Users can gain exposure to Nvidia and Tesla stocks while earning fixed yields through Pendle's DeFi platform.
How has Pendle's TVL been affected recently?
Pendle's TVL is $1.22B, down 2.5% over the past week according to DeFiLlama.
What is the current market context for crypto?
The total crypto market cap is $2.86T, with Bitcoin down 1.56% in the last 24 hours.
How much is 1 Pendle worth in rupee today?
About ₹218.82 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2.10. 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.
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.