Pendle launches NGI+ market bringing institutional infrastructure yields to DeFi
Pendle (PENDLE)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Pendle has launched its NGI+ market, a move designed to bridge institutional finance and DeFi. This new market offers fresh investment opportunities by bringing institutional infrastructure yields to the decentralized finance sector. However, the expansion also introduces specific risks, such as smart contract vulnerabilities, for participants entering this space.
How the market reacted
Whalio's own Binance spot order flow for PENDLE, measured when this story was written up on 21 September 2026. Not the outlet's figures.
Pendle (PENDLE) is currently trading at $2.71, with the 24-hour buy ratio standing at 54.2%, indicating that buyers are slightly more active than sellers over the full day. In the last hour, buying pressure has intensified, with the buy ratio rising to 54.9% and a positive volume delta of +$15,933, suggesting immediate accumulation. This contrasts with the 4-hour view, where the buy ratio is lower at 49.0% and volume delta is negative at -$36,580, showing that recent short-term selling has offset earlier gains. The positive 24-hour cumulative volume delta of +$455,457 confirms that net buying has dominated the day's flow, with net buying occurring in 14 out of the last 24 hours.
The latest daily buy ratio of 52.5% sits at the 82nd percentile of the last 323 days, against a median of 49.6% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for PENDLE, averaged over the days leading up to the story.
Over the preceding week, the buy ratio averaged 49.7%, making today's 24-hour ratio of 54.2% an unusually high level of buyer dominance compared to the recent norm. This represents a +4.4 point increase over the weekly average, highlighting a significant shift in sentiment. However, trading activity has cooled, with 24-hour spot volume at $4,952,856 representing only 0.78x the weekly average volume. While the price has surged +29.9% over eight days, today's volume is notably lower than the weekly baseline, suggesting this is a day of high conviction but reduced participation relative to the recent trend.