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Binance Will List Pendle (PENDLE) in the Innovation Zone | Binance Support
Fellow Binancians,
Binance will list Pendle (PENDLE) in the Innovation Zone and will open trading for these spot trading pairs at 2023-07-03 10:00 (UTC):
New Spot Trading Pairs: PENDLE/BTC, PENDLE/USDT, PENDLE/TUSD
Users can now start depositing PENDLE in preparation for trading
Withdrawals for PENDLE will open at 2023-07-04 10:00 (UTC)
PENDLE Listing Fee: 0 BNB
Users will enjoy zero maker fees on the PENDLE/TUSD trading pair until further notice
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.
In addition, Binance will add PENDLE as a new borrowable asset with this new margin pair on Isolated Margin, within 48 hours from 2023-07-03 10:00 (UTC):
New Isolated Margin Pairs: PENDLE/USDT
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
What is Pendle (PENDLE)?
Pendle is a yield-trading protocol that separates a yield-bearing asset into its principal and yield components, allowing users to earn fixed or flexible yields. PENDLE is the utility token that is used for liquidity incentives, governance and fee value accrual.
Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.
Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.
PENDLE is a relatively new token that poses a higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, have done your own research in regards to PENDLE’s fundamentals, and fully understand the project before opting to trade the token.
Details:
Pendle Website
PENDLE Token Contract Addresses - Ethereum
Fees
Rules
Thanks for your support!
Binance Team
2023-07-03
