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hotcoinHow Pendle ended up so far from its high
Pendle trades at $1.87 against a high of $7.54 in April 2024 — −75.2% off the peak. Getting back there would take a 4× rise.
From low to high
Over 3 years the price of Pendle has moved between $0.4649 and $7.54. The low came in August 2023, the high in April 2024. From the bottom the price has risen 4× — which is what someone would have made buying at the worst possible moment and holding to today.
The deepest fall on monthly closes was −81.9%: from the peak in May 2024 to the bottom in March 2026, taking 22 months. A useful number: it shows what holding through would have meant.
It has been 29 months since that high, and the price has not returned to it.
What the years show
The best full year was 2024 at +309%. The worst was 2025 at −61.3%. Of 2 full years, 1 closed up and 1 closed down.
Rising and falling years are even — but the spread between the best and worst year matters more than the count: that is what tells you what to be ready for.
The current year stands at −0.5%, ranging from $0.9690 to $2.80.
Months: how many closed up
Of 38 closed months, 19 finished up and 19 finished down — 50% of months were rising ones. The average month returned +6.7%.
The strongest month on record was January 2024 at +115%; the hardest was July 2024 at −31.7%.
Does PENDLE have a seasonal pattern
On average PENDLE did best in January: +25.7% across 3 observations, 1 of them positive. It did worst in June: −11.8% across 3 observations.
We print the number of observations next to the percentage for a reason. 3 observations is 3 observations: on a sample that size a pattern cannot be told apart from coincidence. Interesting to look at, not something to plan around.
How to use this
Everything above is the past. It does not say where the price goes next, but it does show the range to be ready for: $0.4649 to $7.54, with a drawdown of −81.9%.
What is useful right now is this: PENDLE costs different amounts on different exchanges, and that gap is visible in the cross-exchange scanner. Before a large purchase it is worth checking the order books — they show how much you can actually take at a given price, not just the best offer. And if the coin has to move between venues, the transfers section shows which network is cheaper.
