# Pendle Transactions Fall 46% as Active Addresses Also Decline

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27615
Published: 2026-10-07T20:03:44.000Z
Updated: 2026-10-07T20:03:44.000Z
Section: Investing

> Displayed dashboard readings showed transactions dropping from 1,246 to 667 and active addresses falling from 651 to 387 between Sept. 25 and Oct. 7.

Pendle (PENDLE) recorded declines in displayed transaction and address readings between Sept. 25 and Oct. 7, pointing to weaker measured activity across the yield-trading protocol.

The transaction count fell from 1,246 to 667, a decrease of about 46%. Active addresses dropped from 651 to 387, or approximately 40.5%, over the same displayed dates.

The readings came from separate dashboard dates and do not establish that both figures covered identical time windows. A 24-hour dashboard view listed 667 transactions and 387 active addresses.

Another dashboard view showed $1.265 billion in total value locked, along with $585,610 in fees and $578,934 in revenue over 30 days.

Pendle is a permissionless yield-trading protocol. It separates yield-bearing assets into principal tokens and yield tokens, which can be traded through its automated market maker.

The decline in transactions and active addresses indicates weaker measured activity during the displayed comparison. Those metrics alone do not establish a structural deterioration in Pendle’s utility or demand.