scan / $PENDLE
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$PENDLE

Pendle ·
archetype: defi / protocol

$PENDLE is alive, but showing strain. Parts of the system are under pressure: development has thinned (1 commit in 4 weeks, last commit today), and dilution risk is moderate (fully diluted valuation 1.6x the market cap), though it’s liquid enough to easily sell ($22.9m traded per day). The price is down 80% from its all-time high.

66/100
HIGH
−80%
$1.51
10/10 top tier
01 · RECLAIM OUTLOOK — WILL THE PRICE COME BACK?
PRICE $1.51 ATH $7.50 (APR 2024) DRAWDOWN −79.9% RECLAIM 5.0×
break-even from here: +400% $100 held here would need to become $500 just to get back — and 82 out of 100 coins that fall this deep never see their old high again.
02 · STRUCTURE — 6 MEASURED scores 0–100 · peer bins cited vs 2538 scored peers
01 is anyone still building it? structural solvency / liveness 40/100

Someone is still building, but activity is thin.

1 commits/4wk1 contributorslast commit 0d ago — development is slowing.
02 are holders staying or leaving? holder conviction & overhead supply 80/100

Holders are adding, even down here.

holders +1,392/30d · +1.9% · bin 9/10concentration HHI 0.100 · bin 7/10 — holders are accumulating against the drawdown. [DeFi / Protocol bins, provisional]
03 could you actually sell? liquidity / exitability 87/100

Easy enough to sell.

$22,862,044/24h · bin 10/108.87% turnover · bin 8/10 — tradeable.
04 is anyone actually using it? usage / demand 67/100

Genuinely used.

577 active addresses/day · bin 10/1030d trend -25.1% · bin 3/10data lagged 31d · provider tier — usage is strong for its peer group. [DeFi / Protocol bins, provisional]
05 how much more will be printed? supply overhang & emissions 50/100

Meaningful dilution still to come.

61% of supply circulating · bin 6/10FDV/MC 1.6x · bin 5/10no max supply — meaningful dilution still to come — uncapped supply (perpetual emission risk, capped).
06 how is it doing vs similar coins? relative strength / narrative 75/100

Outperforming similar coins.

30d +16% · bin 9/10200d -15% · bin 7/10 — outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONS answers generated from this coin’s frozen readout · not advice

Is Pendle ($PENDLE) dead?

No, but it’s showing strain. As of 2026-07-14, Pendle scores 66/100 on bagcheck’s structural aliveness scan — STRAINED. Parts of the system are under pressure. Aliveness measures whether the project still works, not whether the price recovers.

Is Pendle a good investment?

bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 66/100 (STRAINED), a price 80% below its all-time high, a drawdown cohort (down 70-85%) in which historically only ~18% of coins ever reclaimed their high. What you do with that is yours.

Will Pendle ($PENDLE) recover?

Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 70-85% (3-year window), about 18% reclaimed their all-time high; break-even to ATH from the scan price needs +400%. The STRAINED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.

MEMBERS · ENGINE BOTTOM LINE the engine’s verbatim verdict — not rendered publicly
SAME SHELF — DEFI / PROTOCOL all 335 defi / protocol coins →
$COINDEPO 66/100 $RESOLV 66/100 $CRV 66/100 $RAIN 65/100 $CETUS 65/100 $ALEX 65/100
bagcheck v0.17.1 · snapshot 2026-07-14 v16 · scored monthly · batch of 2026-07-14 · frozen JSON ⇩ sha256 874f…9956 Information, not advice.