thedefiant.io
Pendle's $PENDLE token went live on Revolut on Wednesday, the yield-tokenization protocol said in a post on X, giving roughly 20 million crypto traders across the UK and the European Economic Area direct access to $PENDLE through Europe's largest fintech app.
$PENDLE was little changed at $1.36 with a market capitalization of about $233 million at the time of the listing, ranking #165 on CoinGecko. The token is down about 82% from its $7.50 all-time high set in April 2024. The underlying Pendle protocol holds $1.32 billion in TVL on DefiLlama, with 57% on Ethereum and 14% on Plasma, and finished 2025 as the #13 DeFi protocol by TVL after settling $69.8 billion in yield across the year.
The listing is a distribution event, not a product integration. Revolut customers transact the $PENDLE token through the fintech's regulated crypto rails. Pendle's actual fixed-yield mechanics — splitting yield-bearing assets into Principal Tokens and Yield Tokens — still run on the protocol's own front-end on Ethereum, Plasma, Arbitrum and other chains. Pendle framed it as reaching users "through regulated rails rather than DeFi frontends."
Revolut Crypto
Revolut picked up a MiCA license from Cyprus's CySEC in October 2025, giving its Cyprus-domiciled crypto entity passporting rights across all 30 EEA member states. The firm has rolled out Crypto 2.0, a refreshed product line slated to cover more than 280 tokens, alongside Revolut X, its pro-grade exchange charging 0% maker and 0.09% taker fees.
Revolut reported more than 14 million crypto users globally late last year. The $PENDLE listing follows SYRUP, Maple Finance's token, which became available on Revolut across the UK and EU on April 30. Revolut also partnered with Morpho to power a stablecoin-yield product in July 2025.