Pendle cuts token emissions 92%, boosts liquidity 40%, and buys back tokens at 10x new supply rate.

Pendle Finance drastically reduced its token emissions by 92% through an automated incentive model, lowering annual inflation to 0.2%, far below Bitcoin's 0.85%. The protocol increased liquidity depth by 40%, allowing larger trades with less price impact, and now buys back PENDLE tokens at ten times the rate it mints new ones, using up to 80% of its $13 million annual revenue. Additionally, the launch of sPENDLE with a shorter unstaking period doubled staking participation to 36% of total supply, strengthening token holder engagement. This shift to algorithmic incentives signals a more efficient and sustainable DeFi tokenomics model, though continued revenue is crucial to maintain buyback levels.

As of Sep 21, 2026 16:02 WIB, PENDLE trades at Rp47.915 on Pluang, showing a strong 1-day gain of 5.45%. The token's market cap stands at Rp8.36 trillion with a 24-hour trading volume of Rp918.48 million. Buy orders dominate at 92%, indicating robust demand among Pluang users, who typically hold PENDLE for about 33 days.