Total Value Locked$5.83m
TVL by Chain
Arbitrum$4.77m
Ethereum$1.01m
Hyperliquid L1$34,197
BSC$10,681
Sonic$627.03
OP Mainnet$161.97
Base$81.30
Plasma$11.65
Berachain$5.66
Key Metrics
Fees 30d$624.82
Fees 30d by chain
Arbitrum$482.37
Ethereum$134.76
BSC$7.68
Fees 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Fees 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Cumulative Fees$12.53m
Arbitrum$8.08m
Ethereum$3.91m
BSC$534,503
Revenue 30d$482.74
Revenue 30d by chain
Arbitrum$347.18
Ethereum$127.88
BSC$7.68
Revenue 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Cumulative Revenue$6.85m
Arbitrum$5.39m
Ethereum$1.21m
BSC$248,310
Holders Revenue 30d$461.05
Holders Revenue 30d by chain
Arbitrum$331.88
Ethereum$121.87
BSC$7.30
Holders Revenue 7d$0
Arbitrum$0
BSC$0
Ethereum$0
Holders Revenue 24h$0
Arbitrum$0
BSC$0
Ethereum$0
Cumulative Holders Revenue$6.58m
Arbitrum$5.16m
Ethereum$1.18m
BSC$239,459
Market Cap$2.74m
$PNP Price$0.27
Fully Diluted Valuation$2.74m
$PNP Volume 24h$69.83
CEX Volume$0
DEX Volume$69.85(100.03% of total)
Staked$1.26m(46.01% of mcap)
Protocol Information
Penpie is a next-generation product by @magpiexyz_io that's set to revolutionize @pendle_fi
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total boosted PENDLE rewards from liquidity farming + Bribes from voting incentives on Pendle FinanceView code on GitHubRevenue: Protocol revenue from boosted PENDLE rewards + Bribes from voting incentivesView code on GitHubHolders Revenue: 5% vlPNP holders + 12% mPENDLE Staking pool + 20% PRT mechanism + Bribes from voting incentivesView code on GitHubHacks
Date: Sep 3, 2024
Amount: $27m
Classification: Reentrancy
Technique: Reentrancy
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Penpie history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jun 8, 2023 to Oct 27, 2026.
All-time high TVL: $386.86m on Jul 5, 2024. All-time low TVL: $3.18m on Aug 17, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $6.54m |
| Sep 29, 2026 | $6.09m |
| Sep 30, 2026 | $5.84m |
| Oct 1, 2026 | $6.28m |
| Oct 2, 2026 | $6.22m |
| Oct 3, 2026 | $6.17m |
| Oct 4, 2026 | $6.28m |
| Oct 5, 2026 | $6.4m |
| Oct 6, 2026 | $6.35m |
| Oct 7, 2026 | $6.11m |
| Oct 8, 2026 | $5.91m |
| Oct 9, 2026 | $5.43m |
| Oct 10, 2026 | $5.43m |
| Oct 11, 2026 | $5.55m |
| Oct 12, 2026 | $6.51m |
| Oct 13, 2026 | $6.05m |
| Oct 14, 2026 | $6.47m |
| Oct 15, 2026 | $6.01m |
| Oct 16, 2026 | $5.94m |
| Oct 17, 2026 | $6.89m |
| Oct 18, 2026 | $6.78m |
| Oct 19, 2026 | $6.26m |
| Oct 20, 2026 | $6.1m |
| Oct 21, 2026 | $6.49m |
| Oct 22, 2026 | $6.65m |
| Oct 23, 2026 | $6.49m |
| Oct 24, 2026 | $6.15m |
| Oct 25, 2026 | $6.06m |
| Oct 26, 2026 | $5.89m |
| Oct 27, 2026 | $5.8m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $51.94m |
| Dec 31, 2024 | $50.99m |
| Jan 31, 2025 | $67.33m |
| Feb 28, 2025 | $52.35m |
| Mar 31, 2025 | $115.12m |
| Apr 30, 2025 | $92.59m |
| May 31, 2025 | $135.07m |
| Jun 30, 2025 | $117.07m |
| Jul 31, 2025 | $138.66m |
| Aug 31, 2025 | $125.99m |
| Sep 30, 2025 | $117.03m |
| Oct 31, 2025 | $108.72m |
| Nov 30, 2025 | $70.3m |
| Dec 31, 2025 | $58.26m |
| Jan 31, 2026 | $42.52m |
| Feb 28, 2026 | $26.03m |
| Mar 31, 2026 | $16.96m |
| Apr 30, 2026 | $10.09m |
| May 31, 2026 | $8.04m |
| Jun 30, 2026 | $4.62m |
| Jul 31, 2026 | $3.5m |
| Aug 31, 2026 | $4.39m |
| Sep 30, 2026 | $5.84m |
| Oct 27, 2026 (latest) | $5.8m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $75.05m |
| Dec 31, 2024 | $50.99m |
| Dec 31, 2025 | $58.26m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $701,811 | $371,501 | $357,066 |
| Dec 2024 | $860,696 | $381,878 | $368,788 |
| Jan 2025 | $644,095 | $293,599 | $283,303 |
| Feb 2025 | $270,683 | $143,311 | $137,736 |
| Mar 2025 | $743,451 | $637,018 | $606,496 |
| Apr 2025 | $381,903 | $296,376 | $282,623 |
| May 2025 | $627,639 | $507,504 | $483,631 |
| Jun 2025 | $452,228 | $366,083 | $348,861 |
| Jul 2025 | $498,331 | $406,913 | $387,717 |
| Aug 2025 | $302,097 | $223,411 | $213,225 |
| Sep 2025 | $274,253 | $199,886 | $190,812 |
| Oct 2025 | $914,808 | $856,813 | $814,697 |
| Nov 2025 | $207,208 | $116,403 | $111,715 |
| Dec 2025 | $311,780 | $217,420 | $207,731 |
| Jan 2026 | $291,247 | $220,571 | $210,417 |
| Feb 2026 | $36,535 | $17,629 | $16,987 |
| Mar 2026 | $23,889 | $10,394 | $10,045 |
| Apr 2026 | $16,208 | $12,250 | $11,688 |
| May 2026 | $4,313 | $1,161 | $1,144 |
| Jun 2026 | $2,003 | $879.98 | $849.78 |
| Jul 2026 | $303.03 | $156.93 | $150.76 |
| Aug 2026 | $1,334 | $876.39 | $836.02 |
| Sep 2026 | $974.33 | $835.52 | $794.20 |
| Oct 2026 (to date) | $616.90 | $474.82 | $453.52 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/penpie
Frequently asked questions
What is Penpie's TVL?
As of Oct 27, 2026, Penpie has $5.83m in total value locked. TVL has decreased 6.6% over the past 30 days.
What chains does Penpie operate on?
Penpie operates on 9 chains: Arbitrum, Ethereum, Hyperliquid L1, BSC, and Sonic and 4 others. Arbitrum holds the largest share at 81.9%.
How much has Penpie generated in fees and revenue?
Over the past 30 days, Penpie generated $624.82 in fees. Of that, $482.74 was protocol revenue. Based on the trailing year, the annualized rate is $1.32m in fees and $1.01m in revenue.
What is the PNP token price and valuation?
PNP is currently trading at $0.27. Its circulating market capitalization is $2.74m, ranking it #2,443. Its fully diluted valuation is $2.74m. Supply currently stands at 10m circulating, 10m total supply, 10m maximum supply.
How has PNP performed recently?
PNP is down 5.5% over the past 7 days and down 13.7% over the past 30 days. Its all-time high is $7.01, reached on Apr 11, 2024. The token is currently 96.1% below that level.
How does Penpie's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Penpie ranks #40 by TVL. The category holds $4.617b across 569 protocols, and Penpie accounts for 0.1% of that total. Similar protocols include Pendle V2, Equilibria, Spectra V2, Napier, Royco V1, Stake DAO Yield, AUTOfinance, Toros, Saffron Vaults, and TermFinance Vaults.
Has Penpie ever been exploited?
Penpie has 1 recorded security incident. The most recent incident occurred on Sep 3, 2024 and involved $27m. It was classified as Reentrancy.