thesis: neutralDeFi

Pendle (PENDLE)

O mercado de juros do DeFi — separa principal de yield e permite travar taxa fixa on-chain.

FM on-chain score

-15neutral

proprietary read · up to 24h delayedlive score in the terminal →

A synthesis of derivatives, on-chain flow, smart money and social into one number from −100 to +100. Not financial advice — see the methodology.

Competes with

revenue 30d · public data up to 24h delayed

Sky

$13.74MP/F 5.6×

Aave

$3.76MP/F 13.1×

Pendle

$758,459P/F 11.3×

Daily snapshot · data up to 24h delayed

Price

—

24h

—

Market cap

—

24h volume

—

data up to 24h delayed

Funding APR · 19 exch.

+4.20%

Taker buy pressure

55.4%

CVD (cum. delta)

−18.11M

Open interest

$47.25M

data up to 24h delayed

Revenue 30d

$758,459

Revenue 12m

$23.35M

TVL

$1.20B

Full written thesis available in Portuguese for now — all data above is global.