G.MARKETS
BTC$82,750.00+1.20%
GokhshteinNews
LIVE
BTC$82,750.00▲ 1.20%ETH$2,440.19▲ 1.75%USDT$0.9990▼ 0.02%BNB$743.54▲ 1.91%XRP$1.33▲ 2.51%USDC$0.9995▼ 0.05%SOL$105.98▲ 1.24%TRX$0.3306▼ 0.37%FIGR_HELOC$1.03▲ 0.40%ZEC$1,262.28▲ 10.89%HYPE$80.91▲ 2.51%DOGE$0.0815▲ 2.73%XMR$578.36▼ 4.87%USDS$1.0000▼ 0.13%WBT$80.89▲ 1.23%LINK$12.31▲ 2.58%ADA$0.2233▲ 2.59%LEO$9.04▲ 0.28%RAIN$0.009389▲ 13.20%NEAR$5.03▲ 5.12%XLM$0.1825▲ 2.85%BCH$285.48▲ 2.79%LTC$61.47▲ 3.40%UNI$7.47▲ 4.03%USDE$0.9994▼ 0.04%DAI$0.9999▼ 0.05%AVAX$9.66▲ 0.91%SUI$1.02▲ 2.82%CC$0.1049▲ 0.45%USD1$0.9988▼ 0.02%BTC$82,750.00▲ 1.20%ETH$2,440.19▲ 1.75%USDT$0.9990▼ 0.02%BNB$743.54▲ 1.91%XRP$1.33▲ 2.51%USDC$0.9995▼ 0.05%SOL$105.98▲ 1.24%TRX$0.3306▼ 0.37%FIGR_HELOC$1.03▲ 0.40%ZEC$1,262.28▲ 10.89%HYPE$80.91▲ 2.51%DOGE$0.0815▲ 2.73%XMR$578.36▼ 4.87%USDS$1.0000▼ 0.13%WBT$80.89▲ 1.23%LINK$12.31▲ 2.58%ADA$0.2233▲ 2.59%LEO$9.04▲ 0.28%RAIN$0.009389▲ 13.20%NEAR$5.03▲ 5.12%XLM$0.1825▲ 2.85%BCH$285.48▲ 2.79%LTC$61.47▲ 3.40%UNI$7.47▲ 4.03%USDE$0.9994▼ 0.04%DAI$0.9999▼ 0.05%AVAX$9.66▲ 0.91%SUI$1.02▲ 2.82%CC$0.1049▲ 0.45%USD1$0.9988▼ 0.02%
ACTIVEPendlePENDLE→DeriveDRV
PENDLE WOULD BE$2.23
MULTIPLIER▲ 1.03x
TARGET MCAP$387.31M
G.MARKETS/PAIR ANALYSIS·Pendle logoPENDLE→Derive logoDRV· LIVE· as of 06:49 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

PENDLE WOULD BE
$0.00000000
currently $2.16 · target mcap $387.31M
#126 · PENDLE$2.16▲ 3.0% #125 · DRV$0.3873▼ 1.0%
▲ 0.00x TO MATCHPENDLE NEEDS A 1.03x MOVE TO MATCH DRV
REALITY CHECKAt PENDLE's current 24h rate of +3.01%, compounding daily would take ~2 days to reach DRV's market cap.
COIN PROFILES·PENDLE vs DRV
Pendle logo
PENDLEUnverified
Pendle
SOURCE

Pendle is a protocol that enables the tokenization and trading of future yield.

PRICE$2.16
24H CHANGE▲ 3.01%
MARKET CAP$375.38MFDV $607.87M · 38% supply locked
RANK#126
SUPPLY173.9M PENDLE
DOMINANCE0.01%
7d▲ 0.07%
VS
Derive logo
DRVUnverified
Derive
TARGET

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

PRICE$0.3873
24H CHANGE▼ 1.03%
MARKET CAP$387.31MFDV $581.16M · 33% supply locked
RANK#125
SUPPLY999.7M DRV
DOMINANCE0.01%
7d▼ 10.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.03x bigger
PENDLE$375.38M
DRV$387.31M
THE CLIMBPendle logoPENDLE→Derive logoDRVMULTIPLIER▲ 1.03xGAP$11.92M
Pendle logo
SOURCEPENDLE$375.38M
Derive logo
TARGETDRV$387.31M
log scale · mcap in USDOct 21, 2026
Pendle logo
PENDLEPendle
$375.38MSOURCE
Derive logo
DRVDerive
$387.31MTARGET
mcap in USDOct 21, 2026
BAG SCENARIOS·IF PENDLE HIT DRV MCAP·TARGET $2.23
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 PENDLE$216.00$222.78+$6.78
Coffee money1K PENDLE$2,160.00$2,227.76+$67.76
Small bag10K PENDLE$21,600.00$22,277.61+$677.61
Real bag100K PENDLE$216,000.00$222,776.10+$6,776.10
Whale bag1M PENDLE$2,160,000.00$2,227,760.95+$67,760.95
Generational10M PENDLE$21,600,000.00$22,277,609.53+$677,609.53

FOR CONTEXT

$387.31M compared to the world
NikeNKE
$130.00B
DRV mcap is 0.3% of Nike
StarbucksSBUX
$100.00B
DRV mcap is 0.4% of Starbucks
SpotifySPOT
$90.00B
DRV mcap is 0.4% of Spotify
RobloxRBLX
$30.00B
DRV mcap is 1.3% of Roblox
RedditRDDT
$25.00B
DRV mcap is 1.5% of Reddit
SnapchatSNAP
$20.00B
DRV mcap is 1.9% of Snapchat
RELATED COMPARISONS·OTHER WAYS TO ASK
Pendle logoPENDLE→Bitcoin logoBTCVerified by G.MARKETS
$9,566.95▲ 4.4Kx
Pendle logoPENDLE→Ethereum logoETHVerified by G.MARKETS
$1,714.68▲ 794x
Pendle logoPENDLE→Tether logoUSDTVerified by G.MARKETS
$1,051.26▲ 487x
Pendle logoPENDLE→BNB logoBNBVerified by G.MARKETS
$562.48▲ 260x
Pendle logoPENDLE→XRP logoXRPVerified by G.MARKETS
$484.42▲ 224x
Pendle logoPENDLE→USDC logoUSDCVerified by G.MARKETS
$414.79▲ 192x

About this comparison

This page compares the market capitalizations of Pendle (PENDLE) and Derive (DRV). With Pendle currently at $2.16 per coin and a market cap of $375.38M, and Derive at $0.3873 with a market cap of $387.31M, applying Derive's market cap to Pendle's circulating supply produces a hypothetical PENDLE price of $2.23 — a 1.03x move from current.

Pendle: Pendle is a protocol that enables the tokenization and trading of future yield.

Derive: Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Pendle had Derive's market cap, what would the price be?

If Pendle (PENDLE) had Derive's (DRV) current market cap of $387.31M, each PENDLE would be worth approximately $2.23 based on the circulating supply of 173,854,827 PENDLE. That is 1.03x the current PENDLE price of $2.16.

What is the current market cap of Pendle?

Pendle (PENDLE) currently has a market cap of $375.38M, ranking #126 by market capitalization. Each PENDLE trades at $2.16.

What is the current market cap of Derive?

Derive (DRV) currently has a market cap of $387.31M, ranking #125 by market capitalization. Each DRV trades at $0.3873.

How does PENDLE compare to DRV?

Pendle's market cap of $375.38M sits slightly above Derive's $387.31M. For PENDLE to reach DRV's current valuation, the price would need to move 1.03x from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Pendle's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.

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PENDLE vs BTCPENDLE vs ETHBTT vs PENDLEPENDLE vs SEIFF vs PENDLEPENDLE vs STRKBSV vs PENDLEDRV vs BTCDRV vs ETHDRV vs SEIDRV vs STRKBTT vs DRV