PENDLE vs VET: Comparing Two Innovative Blockchain Projects in the DeFi Space

Introduction: PENDLE vs VET Investment Comparison

In the cryptocurrency market, the comparison between PENDLE and VET has always been a topic that investors can't ignore. The two not only have significant differences in market cap ranking, application scenarios, and price performance, but also represent different positioning in the crypto asset space.

Pendle (PENDLE): Since its launch in 2021, it has gained market recognition for its tokenized future yield trading protocol on AMM systems.

VeChain (VET): Launched in 2015, it has been hailed as a blockchain platform for supply chain management and business processes, becoming one of the most widely adopted enterprise blockchain solutions.

This article will provide a comprehensive analysis of the investment value comparison between PENDLE and VET, focusing on historical price trends, supply mechanisms, institutional adoption, technological ecosystems, and future predictions, and attempt to answer the question that concerns investors the most:

"Which is the better buy right now?"

I. Price History Comparison and Current Market Status

PENDLE (Coin A) and VET (Coin B) Historical Price Trends

• 2021: PENDLE launched with a seed round raising $3.7 million, representing 14.9% of the total supply.
• 2021: VET reached its all-time high of $0.280991 on April 19, 2021.
• Comparative analysis: In the current market cycle, PENDLE has dropped from its all-time high of $7.5 to the current price of $2.191, while VET has fallen from its peak of $0.280991 to $0.01568.

Current Market Situation (2025-11-15)

• PENDLE current price: $2.191
• VET current price: $0.01568
• 24-hour trading volume: PENDLE $2,098,372.96 vs VET $325,696.59
• Market Sentiment Index (Fear & Greed Index): 10 (Extreme Fear)

Click to view real-time prices:

• Check PENDLE current price Market Price
• Check VET current price Market Price

II. Core Factors Affecting Investment Value of PENDLE vs VET

Supply Mechanism Comparison (Tokenomics)

• PENDLE: Total supply capped at 232,445,586 tokens with a deflationary tokenomics model where fees collected from the protocol are used to buy back and burn PENDLE tokens

• VET: Total supply of 86,712,634,466 VET with a dual-token system where VET generates VTHO as "gas" for transactions on the VeChainThor blockchain

• 📌 Historical Pattern: Deflationary mechanisms like PENDLE's buyback and burn model often create upward price pressure during periods of high protocol usage, while VET's dual-token approach aims to stabilize transaction costs.

Institutional Adoption and Market Applications

• Institutional Holdings: VET has garnered more institutional partnerships with companies like Walmart China, BMW, and DNV GL, while PENDLE has focused more on DeFi institutional users
• Enterprise Adoption: VET has stronger enterprise use cases in supply chain management and product authentication, while PENDLE is primarily used for yield trading in DeFi
• Regulatory Attitudes: VET benefits from supportive regulatory environment in China and has official partnerships with government entities, while PENDLE operates in the less regulated DeFi space

Technical Development and Ecosystem Building

• PENDLE Technical Upgrades: Focused on expanding yield trading markets, adding support for more yield-bearing tokens, and enhancing liquidity management
• VET Technical Development: Developing PoA 2.0 consensus mechanism with improved security and throughput, enterprise-focused blockchain-as-a-service solutions
• Ecosystem Comparison: PENDLE has a growing DeFi ecosystem concentrated on yield markets, while VET has a more diverse ecosystem spanning supply chain, carbon credits, NFTs, and enterprise applications

Macroeconomic Factors and Market Cycles

• Performance in Inflationary Environments: VET may offer better inflation protection through real-world business applications, while PENDLE's yield trading may be more vulnerable to rate changes
• Macroeconomic Monetary Policy: Interest rate increases typically impact yield-focused protocols like PENDLE more directly than utility tokens like VET
• Geopolitical Factors: VET's strong presence in Asian markets, particularly China, exposes it to regional regulatory risks, while PENDLE's DeFi focus makes it more globally distributed but subject to overall DeFi sentiment

III. 2025-2030 Price Prediction: PENDLE vs VET

Short-term Prediction (2025)

• PENDLE: Conservative $1.86 - $2.19 | Optimistic $2.19 - $2.54
• VET: Conservative $0.0103 - $0.0158 | Optimistic $0.0158 - $0.0234

Mid-term Prediction (2027)

• PENDLE may enter a growth phase, with projected prices of $1.96 - $2.85
• VET may enter a bullish market, with projected prices of $0.0192 - $0.0295
• Key drivers: Institutional capital inflow, ETFs, ecosystem development

Long-term Prediction (2030)

• PENDLE: Base scenario $2.78 - $3.39 | Optimistic scenario $3.39 - $3.83
• VET: Base scenario $0.0286 - $0.0305 | Optimistic scenario $0.0305 - $0.0372

View detailed price predictions for PENDLE and VET

Disclaimer

PENDLE:

VET:

IV. Investment Strategy Comparison: PENDLE vs VET

Long-term vs Short-term Investment Strategies

• PENDLE: Suitable for investors focused on DeFi yield trading and tokenized future yield markets
• VET: Suitable for investors interested in enterprise blockchain solutions and supply chain management applications

Risk Management and Asset Allocation

• Conservative investors: PENDLE: 30% vs VET: 70%
• Aggressive investors: PENDLE: 60% vs VET: 40%
• Hedging tools: Stablecoin allocation, options, cross-currency portfolios

V. Potential Risk Comparison

Market Risks

• PENDLE: Higher volatility due to its focus on DeFi yield markets
• VET: Exposure to supply chain industry fluctuations and Asian market dynamics

Technical Risks

• PENDLE: Scalability, network stability, smart contract vulnerabilities
• VET: Centralization concerns, potential security issues in PoA consensus

Regulatory Risks

• Global regulatory policies may impact PENDLE more severely due to its DeFi nature, while VET's enterprise focus may provide some regulatory advantages

VI. Conclusion: Which Is the Better Buy?

📌 Investment Value Summary:

• PENDLE advantages: Innovative yield trading protocol, deflationary tokenomics, growing DeFi ecosystem
• VET advantages: Strong enterprise adoption, established partnerships, diverse real-world applications

✅ Investment Advice:

• New investors: Consider a balanced approach with a slight bias towards VET due to its established use cases
• Experienced investors: Explore a higher allocation to PENDLE for potential higher returns, but with increased risk
• Institutional investors: VET may be more attractive due to its enterprise focus and regulatory compliance

⚠️ Risk Warning: The cryptocurrency market is highly volatile, and this article does not constitute investment advice. None

VII. FAQ

Q1: What are the main differences between PENDLE and VET? A: PENDLE is a DeFi protocol focused on tokenized future yield trading, while VET is an enterprise blockchain solution for supply chain management. PENDLE has a deflationary tokenomics model, while VET uses a dual-token system. VET has stronger institutional partnerships and real-world applications, while PENDLE is primarily used in the DeFi space.

Q2: Which cryptocurrency has shown better price performance historically? A: Based on the provided data, VET has shown more significant price movements. It reached an all-time high of $0.280991 in April 2021, compared to PENDLE's all-time high of $7.5. However, both have experienced substantial drops from their peak prices in the current market cycle.

Q3: How do the supply mechanisms of PENDLE and VET differ? A: PENDLE has a capped total supply of 232,445,586 tokens with a deflationary model where fees are used to buy back and burn tokens. VET has a total supply of 86,712,634,466 VET and uses a dual-token system where VET generates VTHO for transaction fees.

Q4: Which cryptocurrency is considered more suitable for long-term investment? A: VET may be more suitable for long-term investment due to its established partnerships, enterprise adoption, and diverse real-world applications. However, PENDLE could offer higher potential returns for investors interested in the DeFi yield trading sector, albeit with increased risk.

Q5: How do regulatory risks compare between PENDLE and VET? A: PENDLE, operating primarily in the DeFi space, may face more severe regulatory risks globally. VET, with its enterprise focus and established partnerships, including some government entities, may have some regulatory advantages and be less susceptible to regulatory crackdowns.

Q6: What are the price predictions for PENDLE and VET by 2030? A: According to the provided predictions, by 2030: PENDLE: Base scenario $2.78 - $3.39 | Optimistic scenario $3.39 - $3.83 VET: Base scenario $0.0286 - $0.0305 | Optimistic scenario $0.0305 - $0.0372 However, these predictions are speculative and should not be considered as financial advice.