Pendle PENDLE

Roadmap On Time Delivery Rate?Lack of public roadmaps and on-time data delivery.Weight 35%Insufficient data · 50 / 100

Last 4 upgrades achieved?The recent trend of development activity is zero, indicating that upgrade deliveries may stall.Weight 30%to be on the low side · 0 / 100

Milestones to Deliver?Lack of publicly available milestone information to be delivered.Weight 20%Insufficient data · 50 / 100

History Extension Record?There is a lack of publicly available historical records of project delays.Weight 15%Insufficient data · 50 / 100

Consensus Mechanism?As a DeFi protocol, its security depends on the underlying public chain.Weight 30%Depends on the underlying chain · 80 / 100

Main network years of operation?The protocol mainnet has been operating stably for about five years.Weight 15%About 5 years · 90 / 100

Recent upgrades?The recent upgrade introduces sPENDLE, aiming to optimize governance and incentive mechanisms.Weight 35%sPENDLE replaces vePENDLE · 75 / 100

Client Diversity?As a DeFi protocol, it does not involve client diversity.Weight 20%Not applicable · 70 / 100

Deflationary Mechanism?Lack of a clear mechanism for token destruction or deflation.Weight 30%No clear deflation · 5 / 100

Inflation rate?There is a large amount of uncirculated supply, raising short-term selling pressure.Weight 25%Potential inflation present · 5 / 100

Staking rate/position lock-up rate?The protocol's total value locked (TVL) far exceeds market capitalization, indicating high user participation.Weight 25%TVL is relatively high · 85 / 100

Supply Upper Limit?The token contract has permission for additional issuance without a fixed supply cap.Weight 20%No limit (additional issuance allowed) · 0 / 100

Core Development Team?Core team members are open and transparent, but lack a background in serial entrepreneurship.Weight 30%The core team is stable · 70 / 100

Governance mechanisms?The vePENDLE (sPENDLE) model is used, resulting in high treatment intensity.Weight 25%vePENDLE (sPENDLE) governance · 90 / 100

Financial Transparency?High transparency in funding sources and usage, backed by well-known VCs.Weight 25%High · 90 / 100

Concentration of key people?Contracts have permissions to hide owners and modify balances, resulting in extremely high centralization risks.Weight 20%High (with hidden owner) · 0 / 100

Active Address?The number of daily active addresses is strong, and user engagement is high.Weight 30%Good · 84.1 / 100

Ecological chain/L2 quantity?It has been deployed on multiple mainstream public blockchains and L2s, with broad ecosystem coverage.Weight 25%Multi-chain deployment (8+) · 95 / 100

DeFi TVL?Its total value locked (TVL) reached $1.38 billion, making it a standout presence in the DeFi sector.Weight 25%Approximately $1.38 billion · 80 / 100

Developer community?GitHub data is missing, making it impossible to assess developer community activity.Weight 20%Insufficient data / low activity · 10 / 100

Historical Major Failure?The contract contains hidden ownership and additional issuance rights, posing serious security risks.Weight 25%There is a risk of privilege leakage · 0 / 100

Regulatory Attitude?Regulatory attitudes in the DeFi sector are generally cautious, with projects lacking clear regulatory guidance.Weight 30%Somewhat cautious · 50 / 100

Sec Attitude?There is uncertainty regarding the SEC's classification and regulation of DeFi tokens.Weight 30%called “correct sequence of measures”. · 40 / 100

Client Bug Frequency?The contract contains hidden ownership and additional issuance rights, posing serious security risks.Weight 15%Not applicable / permission leakage exists · 0 / 100