Pendle Platform Hosts 25% of Largest DeFi Tokenized Equity STRCx
Pendle reveals that a quarter of the leading tokenized equity STRCx is held on its platform, highlighting significant demand.
Pendle reveals that a quarter of the leading tokenized equity STRCx is held on its platform, highlighting significant demand. Pendle (PENDLE) is trading at ₹198 ($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 Mon, 19 Oct 2026 06:00:01 UTC.
This development underscores Pendle's growing influence in the DeFi space, particularly in tokenized equities, and reflects strong investor interest in STRCx as a financial instrument.
- 25% of STRCx, the largest tokenized equity in DeFi, is held on Pendle.
- Pendle's TVL stands at $1.1B, despite a 9.4% drop in the past week.
- STRCx's presence on Pendle indicates growing demand for tokenized equities in DeFi.
- Pendle Forecasts $3T to $10T Tokenized RWA Market by 2030
- Pendle Platform Hosts 25% of Largest DeFi Tokenized Equity STRCx — this brief
Pendle, a prominent platform in the decentralized finance (DeFi) space, has announced that 25% of STRCx, the largest tokenized equity in DeFi, is held on its platform. This revelation indicates a strong demand for STRCx among Pendle's users.
STRCx represents a significant innovation in the DeFi sector, allowing users to gain exposure to tokenized equities. The fact that a quarter of this asset is held on Pendle suggests the platform is a preferred choice for investors in this asset class.
According to DeFiLlama, Pendle's total value locked (TVL) is currently $1.1 billion, marking a 9.4% decrease over the past week. Despite this dip, the platform's TVL remains substantial, reflecting its importance in the DeFi landscape.
The broader crypto market is experiencing a period of growth, with the total market cap at $2.83 trillion and 
Bitcoin up 1.07% in the last 24 hours. The Fear & Greed Index stands at 59, indicating a 'Greed' sentiment among investors.
Pendle's native token, PENDLE, is currently priced at $2.06, with a 24-hour increase of 0.80% and a 7-day decrease of 6.13%. The market cap of PENDLE is $357.57 million, reflecting the token's position in the market.
Since this brief published about 2 hours ago, Pendle (PENDLE) has moved from ₹196.08$2.06 to ₹197.98$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 ≈ ₹217.36 (about $2.08), up 2.2% over 24 hours. The rupee itself trades about 9.8% 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 19, 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 Platform Hosts 25% of Largest DeFi Tokenized Equity S — questions & answers
What is STRCx and why is it significant?
STRCx is the largest tokenized equity in DeFi, allowing users to gain exposure to tokenized equities. Its presence on Pendle indicates strong demand and innovation in the DeFi sector.
How much of STRCx is held on Pendle?
25% of STRCx is held on Pendle, as reported by the platform.
What is Pendle's current TVL?
Pendle's TVL is $1.1 billion, according to DeFiLlama.
How much is 1 Pendle worth in rupee today?
About ₹217.36 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 ₹198 ($2.08) now versus ₹196 ($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.