Stake DAO · Ethereum

SDPENDLE (Pendle)

Overview

The Stake DAO SDPENDLE pool on Ethereum is a single-asset liquidity position where suppliers earn yield by depositing the SDPENDLE token, which represents a claim on underlying assets managed through Pendle’s protocol. Total APY of 10.03% combines base yield with an additional reward layer. The 7-day trend shows a decline of -7.12%, and over the past month, it has dropped by -3.54%, placing the current rate below the 30-day mean of 20%. TVL stands at $4.82M without any reported change over the last week; primary exposure is to smart-contract risk due to the nature of the protocol and token. This pool benefits from the liquidity provided by users, which helps in generating yield through various DeFi mechanisms managed by Stake DAO.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 26.29%; 30-day mean is 12.92%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 84% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.