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Ethena vs Pendle Staking

Side-by-side comparison of ENA and PENDLE staking yields, risk, and key metrics. Updated every 4 hours.

Ethena
Ethena
ENA
25.00%
APY
Pendle
Pendle
PENDLE
20.00%
APY

Ethena vs Pendle: ¿cuál debería elegir un principiante?

Si estás decidiendo entre hacer staking de ENA y PENDLE por primera vez, no persigas solo el APY más alto. Ethena paga más (~25.0% vs ~20.0%), pero rendimiento y riesgo suelen ir juntos. Una buena regla para principiantes: empieza con el activo que entiendes y que piensas mantener de todos modos, y deja que la recompensa de staking sea un extra por encima.

¿Cuál es el punto de partida más seguro?

Ethena tiene una calificación de riesgo medium y Pendle una calificación medium. Los activos de menor riesgo suelen ser redes más grandes y consolidadas, normalmente el lugar más amable para aprender cómo funciona el staking. Elijas el que elijas, empieza con un monto pequeño, revisa el periodo de bloqueo para que no te pille por sorpresa y recuerda que puedes hacer staking de ambos más adelante para repartir tu riesgo entre dos redes.

Detailed comparison

Metric
Ethena (ENA)
Pendle (PENDLE)
Staking APY
25.00%Winner
20.00%
Price
$0.08
$1.51
Market Cap
$764.67MWinner
$259.41M
Total Staked
$229.35MWinner
$51.73M
Staking Ratio
30.0%
30.0%
Risk Level
medium
medium
Staking Type
defi
defi
Blockchain
Ethereum
Ethereum
Min Stake
0.01 ENA
0.01 PENDLE

Ethena vs Pendle: which should you stake?

Ethena currently offers the higher APY at 25.00% compared to Pendle's 20.00%. That's a 5.00 percentage point difference in annual yield.

In terms of market cap, Ethena is the larger asset at $764.67M, which generally indicates more liquidity and lower volatility risk.

Both assets can be staked through various platforms and protocols. Consider diversifying across both rather than choosing one exclusively — this spreads your risk across different networks and ecosystems.

Ethena vs Pendle — common questions

Is Ethena or Pendle better for staking?

Ethena currently offers a higher staking APY at 25.00% compared to Pendle's 20.00%. However, the best choice depends on your risk tolerance, investment horizon, and portfolio strategy.

What is the APY difference between Ethena and Pendle?

Ethena offers 25.00% APY while Pendle offers 20.00% APY — a difference of 5.00 percentage points.

Which is safer to stake: ENA or PENDLE?

Ethena has a medium risk rating while Pendle has a medium risk rating. Lower risk typically means a more established network with stronger validator infrastructure.

Can I stake both ENA and PENDLE?

Yes, diversifying across multiple staking assets is a common strategy. Staking both Ethena and Pendle spreads your risk across different networks and protocols.

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Staking de Ethena vs Pendle: ¿cuál debería elegir un principiante? (2026) | HowToStakeCrypto