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Pendle Surges in Tokenized Stock DeFi with $16M TVL Growth

Pendle has seen a significant $16 million increase in Total Value Locked (TVL) for tokenized stock DeFi offerings.

Pendle has seen a significant $16 million increase in Total Value Locked (TVL) for tokenized stock DeFi offerings. Pendle (PENDLE) is trading at ₹178 ($1.87). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.

Why it matters

This development highlights growing interest in tokenized stock DeFi, potentially attracting more users and liquidity to the sector. It also underscores Pendle's rising influence within decentralized finance.

Key takeaways
  • Pendle's TVL in tokenized stock DeFi rose by $16 million.
  • Pendle's current TVL stands at $1.01 billion despite a 4.5% weekly decline.
  • PENDLE token price increased by 8.04% in the last 24 hours.

Pendle, a platform focused on tokenized stock DeFi, has recently gained significant traction with a $16 million increase in Total Value Locked (TVL). This growth highlights the rising interest in tokenized stocks within the decentralized finance ecosystem.

According to DeFiLlama, Pendle's current TVL is $1.01 billion, although this figure reflects a 4.5% decline over the past seven days. This suggests that while the tokenized stock segment is growing, broader market conditions may be impacting overall DeFi activity.

The news comes as the total cryptocurrency market cap remains around $2.67 trillion, with the overall market showing a relatively flat trend. Bitcoin has seen a modest 0.24% increase in the last 24 hours, while the Fear & Greed Index stands at 30, indicating a 'Fear' sentiment among investors.

The PENDLE token has experienced a notable 8.04% price increase in the last 24 hours, currently trading at $1.87. This price movement suggests that the TVL growth may be positively influencing market sentiment around the token despite the 7-day decline.

The rise in Pendle's TVL for tokenized stock DeFi underscores the potential for this niche sector to attract more users and liquidity. Investors will likely watch for further developments in this area to gauge its long-term impact on Pendle's market position.

Market reaction since this brief Live

Since this brief published about 23 hours ago, Pendle (PENDLE) has moved from ₹177.74$1.87 to ₹177.74$1.87 — +0.00%.

$1.83$1.85$1.87$1.89$1.91 published · $1.87 now · $1.87 (+0.00%) Oct 31 13:11 UTC Nov 1 12:15 UTC
BeforeSince publishPublished · ₹177.74$1.87

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.

What this means in rupee

At today's peer-to-peer rate, 1 PENDLE ≈ ₹193.55 (about $1.87), down 0.3% over 24 hours. The rupee itself trades about 8.9% 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.

PENDLE
#129
₹177.74$1.87 ▼ 0.30%
7d -4.14%MCap ₹30.86BFull PENDLE data →
The market when this published · October 31, 2026
Total market cap₹253.67T
Bitcoin 24h+0.24%
Ethereum 24h+0.12%
BTC dominance58.3%
Fear & Greed30 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.

Pendle TVL$1.02B-3.9% 7dDeFiLlama ↗
SectorTokenized real-world assets (RWA)$3.83Bacross 28 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$6.17BDeFiLlama ↗

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 Surges in Tokenized Stock DeFi with $16M TVL Growth — questions & answers

What is Pendle's current TVL?

Pendle's TVL is $1.01 billion, according to DeFiLlama.

How much did Pendle's TVL in tokenized stock DeFi increase?

Pendle's TVL in tokenized stock DeFi increased by $16 million.

What is the price of the PENDLE token?

The PENDLE token is currently priced at $1.87, having risen by 8.04% in the last 24 hours.

How much is 1 Pendle worth in rupee today?

About ₹193.55 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.87. 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.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 31, 2026 ⛓ Timestamped at Bitcoin block #973,987 sha256:e606358cb1e990cd
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Oct 31 13:11 ↗

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.