Pendle Liquidation Price Calculator
Find the exact Pendle (PENDLE) price that liquidates your leveraged position. Prefilled with the live PENDLE price — set your leverage and direction.
Result
Enter values to see the result.
Using the Pendle Liquidation Price Calculator
Leverage on PENDLE perpetuals turns a modest move into a total loss of margin. This calculator shows the PENDLE price at which your position gets force-closed, given your entry, your leverage and which side you are on. The entry field starts at the live PENDLE price so the distance to liquidation is a real number, not a hypothetical.
The rule of thumb: at N× leverage, roughly a 100/N percent move against you wipes the margin. At 10× that is about 10%; at 25× it is about 4%. PENDLE is a high-beta DeFi token that tracks DeFi yield cycles and total value locked, and reprices hard as large points and airdrop campaigns rotate in and out of its pools. Compare that number honestly against the distance the calculator gives you before you place the order.
Two adjustments the raw formula does not make. Maintenance margin means liquidation triggers slightly before the theoretical zero — the field above lets you enter your exchange's rate. And on perpetuals you also pay funding, which slowly erodes margin on the crowded side of the trade and can pull the liquidation point closer over a long hold.
How close is liquidation on PENDLE, really
- Typical day
- ±2.9%
- Worst day (12mo)
- -22.1%
- Days over ±10%
- 16 in 12mo
- 10× liquidation ≈
- ~9% move
At 10× leverage a move of roughly 9% against you wipes the margin, and PENDLE has moved more than 10% in a single day 16 times in the last year. Its worst single day in the window took -22.1% (10 Oct 2025) — more than enough to close a 10× position on its own.
The trap is that PENDLE's median day is only ±2.9%: leverage feels safe priced off the calm days and is settled on the violent ones. Set your size against the -22.1% day it actually had, not the typical one, then check the distance this calculator gives you against it.
Figures are derived from PENDLE's own daily closes over the window shown and are bounded by it — not all-time values. Prices move; treat them as context, not a forecast.
Pendle at a glance
- Launched
- April 2021
- Token type
- ERC-20 on Ethereum, also on Arbitrum and other chains
- Max supply
- No hard cap — weekly emissions on a declining schedule
- Role
- Governance and fee-sharing via vote-escrow (vePENDLE)
- Native staking
- Yes — lock PENDLE as vePENDLE for protocol fees and boosted LP rewards
Frequently asked questions
- At what price does my PENDLE long get liquidated?
- Approximately your entry price × (1 − 1/leverage), adjusted for maintenance margin. A 10× PENDLE long is liquidated by roughly a 10% drop; a 20× long by roughly 5%. Enter your numbers above for the exact level.
- Does adding margin move the PENDLE liquidation price?
- Yes — adding margin to an isolated position lowers effective leverage and pushes the liquidation price further away. In cross margin your whole balance backs the position, which moves the level further out but puts the rest of your account at risk.
- Why did I get liquidated before the price I calculated?
- Three usual reasons: maintenance margin bites before the theoretical level, accumulated funding payments have eaten into your margin, and exchanges liquidate against the mark price (an index) rather than the last trade on that one venue — a wick on a single exchange can differ.
- How is liquidation price calculated?
- For an isolated long: liq ≈ entry × (1 − 1/leverage + maintenance margin). Higher leverage moves liquidation closer to your entry.
- What is maintenance margin?
- It's the minimum equity the exchange requires to keep a position open. Falling below it triggers liquidation.
More PENDLE calculators
Free Pendle (PENDLE) profit calculator. Enter your buy and sell price to see PENDLE profit, loss, ROI and fees — prefilled with the live PENDLE price.
Free Pendle (PENDLE) dollar-cost-averaging calculator. Model recurring PENDLE buys to see coins accumulated, average entry and portfolio value at today's live price.
Work out your weighted average Pendle (PENDLE) entry price across multiple buys — and see exactly where your break-even sits.
Calculate Pendle (PENDLE) market cap from the live PENDLE price and circulating supply — plus FDV, and the price PENDLE would need to reach any target valuation.
Liquidation Price Calculator for other coins
📖 Learn more
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Leverage multiplies your position, your profit, your loss and your chance of being liquidated. Here is exactly what 10x does to your account — and how traders survive it.
Prefer the generic version without PENDLE presets? Open the Liquidation Price Calculator.
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For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.