GMX V2 supports spot and perpetual trading for Bitcoin, Ethereum, AVAX, and other crypto assets on Arbitrum and Avalanche.
Pendle
Pendle supports spot and fixed-yield trading for crypto assets, with tools for trading yield from on-chain and off-chain rates.
About Pendle
Pendle provides trading for crypto yield through two products: V2 and Boros. V2 supports spot yield trading, fixed-yield earning, and leveraged long positions on yield, described as having no lockups and no liquidation risk. Boros supports margin trading of yield, including off-chain rates.
Key features
- Spot yield trading through V2
- Fixed-yield earning through V2
- Leveraged long yield positions through V2
- Margin trading of yield through Boros
- Trading of off-chain rates through Boros
Best for: Crypto users who want to trade yield or seek fixed-yield positions.
Good for
- Covers both on-chain and off-chain rates
- V2 is described as having no lockups and no liquidation risk
Pendle at a glance
- Website
- pendle.finance
- Category
- Crypto & Blockchain › DeFi Protocols
- Type
- Website
- Pricing
- Not confirmed. Check the site
- Platforms
- Web
- Open source
- Not stated
- Language
- English
- Last checked
- Oct 5, 2026 · Online when checked
- Listed
- Oct 5, 2026
Pendle alternatives
Tools and sites you could use instead, ranked by how closely they match.
Drift supports perpetual and spot crypto trading through on-chain markets.
Wildcat Protocol supports crypto credit arrangements on Ethereum, with configurable borrower and lender markets and fixed interest rates.
SoSoValue Indexes offers an on-chain spot crypto index protocol for passive digital-asset investing.
HypurrFi combines lending and a credit card on Hyperliquid with spot and perpetual trading, borrowing, and crypto spending.
Inverse Finance FiRM offers fixed-rate borrowing against crypto collateral and a yield-bearing DOLA stablecoin.
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