Tether vs Pendle – Price, Market Cap & Performance Compared

Which coin performs better – Tether or Pendle?
We compare the current price (0.99998 $ vs 3.39 $), market cap (158 577 166 622 vs 558 075 815) and all-time high (1.32 vs 7.5).
Find out which one stands out right now!

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Tether is currently trading at 0.99998 $, while Pendle stands at 3.39 $. These cryptocurrencies differ not only in price but also in market presence.

The market cap of Tether is around 158 577 166 622, and Pendle has about 558 075 815. Their respective all-time highs are 1.32 for Tether and 7.5 for Pendle.

Daily trading volume and the 24h price change (-0.00645 % vs -0.57187 %) also offer key insights.

Compare all metrics now and see which coin fits your investment strategy best!

Tether

Tether is a widely-used stablecoin in the cryptocurrency market, designed to maintain a value equivalent to a traditional currency like the US dollar. It provides traders and investors with a stable asset to navigate the volatile crypto landscape, offering a flexible means to move funds quickly between exchanges. Despite its popularity, Tether has faced scrutiny regarding its reserve holdings and transparency, sparking ongoing debates within the financial community.

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Pendle

Pendle is a unique cryptocurrency project that focuses on unlocking the potential of yield trading by allowing users to tokenize and trade future yield. By leveraging the project’s innovative dual-token model, users can speculate on yield rates and manage risk more effectively. As decentralized finance (DeFi) continues to evolve, Pendle offers a fresh approach to maximizing returns and enhancing liquidity management in the crypto space.

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Tether
Pendle
Tether
Pendle

General Information

Title
Tether
Title
Pendle
Symbol
usdt
Symbol
pendle
Whitepaper
Whitepaper
Website
Website
Community
-
Community
-
Last Updated
2025-07-07 23:29
Last Updated
2025-07-07 23:29

Price Data

Current Price $
0.99998 $
Current Price $
3.39 $
High 24h
1 $
High 24h
3.46 $
Low 24h
0.99988 $
Low 24h
3.34 $
Price Change 24h
-0.00006 $
Price Change 24h
-0.01950 $
Price Change % 24h
-0.00645 %
Price Change % 24h
-0.57187 %

Market Data

Market Cap
158 577 166 622
Market Cap
558 075 815
Total Volume
43 495 403 942
Total Volume
32 320 303
Market Cap Change 24h
-55 568 586
Market Cap Change 24h
-3 547 929
Market Cap Change % 24h
-0.03503 %
Market Cap Change % 24h
-0.63173 %
Return on Investment (ROI)
-
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
158 581 664 727
Circulating Supply
164 654 192
Total Supply
158 581 664 727
Total Supply
281 527 448
Max Supply
-
Max Supply
281 527 448

Historical Data

All Time High (ATH)
1.32
All Time High (ATH)
7.5
ATH Change %
-24.42294 %
ATH Change %
-54.81944 %
ATH Date
2018-07-24 00:00
ATH Date
2024-04-11 08:25
All Time Low (ATL)
0.57252
All Time Low (ATL)
0.03378
ATL Change %
74.6585 %
ATL Change %
9 936.6598 %
ATL Date
2015-03-02 00:00
ATL Date
2022-11-14 20:15

Tether

Understanding Tether: A Stablecoin Powerhouse

Tether (USDT) is a leading name in the world of stablecoins, a class of cryptocurrency designed to facilitate transactions by maintaining a stable value. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, stablecoins like Tether aim to provide users with the stability of fiat currency, while still leveraging the benefits of blockchain technology.

The Mechanism Behind Tether's Stability

Tether achieves its stability by pegging its value to traditional fiat currencies, primarily the U.S. Dollar. Each Tether token is reportedly backed by an equivalent amount of fiat currency held in reserve. This 1:1 backing mechanism is key to maintaining the coin's stable value, as reflected in its market price which typically hovers around 1 USD.

Historical Development and Milestones

Tether's inception dates back to 2014, and since then, it has played a pivotal role in demonstrating the practical use case of stablecoins within the crypto ecosystem. Its journey has seen significant milestones, including reaching its all-time high of $1.32 in July 2018, and experiencing its low at $0.572521 in March 2015. These deviations, while noteworthy, are rare occurrences in Tether's overall history, underscoring its primary objective of price stability.

Advantages of Using Tether

The primary advantage of Tether is its stability, making it a safe harbor for investors during times of high volatility in the broader cryptocurrency market. By offering price predictability, it facilitates more efficient trading, lending, and arbitrage, making it an indispensable tool for crypto exchanges and users alike. Moreover, Tether's utility is further enhanced by its widespread acceptance and high liquidity.

Challenges and Controversies

Despite its widespread use, Tether has faced scrutiny regarding its claims of full fiat backing. Critics have raised concerns about transparency, regulatory challenges, and the adequacy of its audited reserves. These issues have occasionally prompted regulatory attention and calls for greater transparency and accountability from Tether’s management.

Future Outlook for Tether

The future of Tether rests heavily on its ability to maintain trust and transparency with users and regulators alike. As the crypto market matures, Tether is expected to continue playing a significant role, particularly if it can navigate the evolving regulatory landscape successfully. Its position as a stablecoin market leader suggests that it will remain a cornerstone in crypto trading, offering a reliable alternative to more volatile assets.

In conclusion, Tether stands out as a critical tool within the cryptocurrency space, providing much-needed stability for traders and businesses. Its ongoing relevance will depend on its adaptability to regulatory demands and its continued assurance of transparency and full reserve backing to its user base.

Pendle

Introduction to Pendle

Pendle is a rapidly evolving cryptocurrency that has been gaining attention within the DeFi sector for its innovative approach to yield trading. Launched to empower users by allowing them to tokenize and trade future yield, Pendle has managed to carve out a niche in a competitive market.

Understanding Pendle's Mechanism

At its core, Pendle operates by unlocking additional layers of financial activity within the blockchain space. By enabling the tokenization of future yield, users can leverage their assets in new and potentially more profitable ways. This concept of trading future yield distinguishes Pendle from many other DeFi platforms that primarily focus on immediate asset swaps or loans.

Key Features of Pendle

One of Pendle's significant strengths lies in its protocol design, which allows users to separate yield from the principal asset. This feature enables users to either sell their future yield upfront or hold onto it for future returns. By offering a decentralized marketplace for yield trading, Pendle introduces a more flexible approach to asset management.

Advantages of Pendle

Pendle's ability to enhance liquidity and provide a platform for yield speculation are notable advantages. For investors looking to hedge or amplify their potential earnings, Pendle offers a unique value proposition. Furthermore, its compatibility with various yield-generating protocols makes it a versatile tool for diverse DeFi portfolios.

Potential Drawbacks

However, along with its benefits, Pendle also faces challenges. The complexity of its mechanism may deter less experienced users. Additionally, as with many DeFi projects, regulatory scrutiny and market volatility remain concerns for potential investors. The nascent stage of yield trading also means that Pendle is still in an experimental phase, which carries inherent risks.

Historical Performance Overview

Since its inception, Pendle has shown substantial growth. Remarkably, it hit an all-time low (ATL) of $0.0338 in November 2022 and climbed significantly to reach an all-time high (ATH) of $7.50 in April 2024. Despite a subsequent decrease, Pendle's price as of the last update is $4.97, reflecting a healthy recovery and strong investor interest.

Future Prospects

Looking ahead, Pendle's potential for future growth is bolstered by increasing adoption within DeFi platforms. As blockchain technology continues to integrate with traditional finance, the ability to trade yield becomes more relevant. If Pendle continues to develop its platform and expand its reach, it could solidify its position as a key player in the DeFi landscape.

Conclusion

In summary, Pendle presents an exciting opportunity for the adventurous investor looking to explore the realms of yield trading in a decentralized environment. While there are inherent risks associated with new technologies and market shifts, Pendle's innovative approach could lead it to achieve new heights in the cryptocurrency world.