Penpie

PNP Price

What is Penpie about?

Penpie is a next-generation DeFi platform developed by Magpie to offer Pendle Finance users enhanced yield and veTokenomics boosting services. By integrating with Pendle Finance, Penpie focuses on locking PENDLE tokens to secure governance rights and amplify yield benefits within the Pendle Finance ecosystem. This platform transforms how users can optimize their investment returns and capitalize on their governance power.

What makes Penpie unique?

Penpie provides PENDLE holders with the opportunity to earn high APR by converting their tokens into mPENDLE. Utilizing Pendle Finance's veTokenomics model, Penpie enables users to increase their PENDLE rewards. The introduction of mPENDLE, a Penpie-specific version of the PENDLE token, allows users to claim a larger share of PENDLE rewards while benefiting from enhanced flexibility through Penpie. This mechanism enables PENDLE holders to achieve high APR by converting their tokens into mPENDLE at a 1:1 ratio.

What can Penpie be used for?

PNP serves as the governance and revenue-sharing token for Penpie. Users can lock their PNP tokens on the platform to receive vlPNP at a 1:1 ratio. vlPNP represents the locked version of the PNP token.

Where can you buy Penpie?

PNP tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Penpie is Camelot V3, where the most active trading pair PNP/WETH has a trading volume of $86.96 in the last 24 hours.

What is the daily trading volume of Penpie (PNP)?

The trading volume of Penpie (PNP) is $87.01 in the last 24 hours, representing a 478.40% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Penpie (PNP)?

Penpie (PNP) reached an all-time high of $7.01 and an all-time low of $0.1519. It’s now trading -95.50% below that peak and 107.40% above its lowest price.

What is the market cap of Penpie (PNP)?

Market capitalization of Penpie (PNP) is $3,149,876 and is ranked #2083 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PNP tokens (10 Million tokens are tradable on the market today).

What is the fully diluted valuation of Penpie (PNP)?

The fully diluted valuation (FDV) of Penpie (PNP) is $3,149,876. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Million PNP tokens are in circulation today. Depending on how the emission schedule of PNP tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Penpie compare against its peers?

With a price increase of 17.20% in the last 7 days, Penpie (PNP) is outperforming the global cryptocurrency market which is up 3.90%, while underperforming when compared to similar Yield Farming cryptocurrencies which are up 21.40%.

How to add Penpie (PNP) to MetaMask?

Adding Penpie (PNP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PNP as a token. You can copy PNP’s contract address (0x7dedbce5a2e31e4c75f87fea60bf796c17718715) and import it manually, or if you've installed MetaMask's chrome extension, add PNP to MetaMask with one click on CoinGecko.

Add PNP to MetaMask.