Pendle drawdowns: every fall of 20% or more, and the recovery
Since 2023, Pendle has fallen 20% or more from a record daily close 5 times. The deepest was −85%, from 10 Apr 2024 to 6 Apr 2026. Of the 4 that have fully recovered, the median took 26 days from the old record to a new one.
Record daily close$6.9910 Apr 2024
At the 14 Nov 2026 close−80%from the record · 948 days since
PENDLE price · last close$1.3814 Nov 2026 close: $1.38
Falls of 20% or more54 recovered · 1 still open
Every episode
| Record close | Price | Low | Price | Depth | Days to the low | Days to a new record |
|---|---|---|---|---|---|---|
| 10 Apr 2024 | $6.99 | 6 Apr 2026 | $1.01 | −85% | 726 | not yet |
| 1 Mar 2024 | $3.46 | 19 Mar 2024 | $2.41 | −30% | 18 | 23 |
| 14 Feb 2024 | $3.27 | 21 Feb 2024 | $2.57 | −21% | 7 | 16 |
| 5 Dec 2023 | $1.35 | 19 Dec 2023 | $1.03 | −24% | 14 | 29 |
| 4 Jul 2023 | $0.9465 | 17 Aug 2023 | $0.5158 | −46% | 44 | 124 |
An episode starts at a record daily close and ends at the first close above it. Depth is measured at the lowest close in between. Daily closes, UTC, Binance spot; history starts 3 Jul 2023, so earlier records are not included.