Pendulum
PEN · rank #741
$0.2958
+1790.6% 24h
Up from its lows
+4096%
42x off the bottom
+3166% last 30 days+1778.6% this weekahead of BTC’s +23% (30d)
PEN is up 42x off its lows — still 99.8% from the peak, but it is moving again.
Survival score 33/100· Distressed — see the deductions →- Market cap
- $25.07M
- Fully diluted valuation
- $44.36M
- 24h trading volume
- $16.5K
- Circulating supply
- 84,754,19057% of max
- Max supply
- 150,000,000
- All-time high
- $172.43Apr 7, 2026
- All-time low
- $0.00417427Oct 10, 2025
- To break even
- 583x152 days underwater
Two years, daily
The shape of the decline — and whatever came after.
PEN price
+2480.9% this range
Daily closes · data from CoinGecko
24h
+1790.6%
7d
+1778.6%
14d
+1500.6%
30d
+3165.6%
1y
—
The survival rating
Starts at 100; four measured factors deduct from it. Every deduction itemised, so you can disagree with the number and still use the inputs.
Survival score
Distressed
Multiple inputs are deeply negative. Recovery would take a large move.
- Price decline−50 of 50
Down 99.8% from its all-time high of $172.43
- Volume decay−24 of 25
Trading volume is 95% below its busiest sustained stretch
- Market cap erosion−0 of 15
Market cap down -723% from $3.05M
- Time below peak−1 of 10
152 days since the peak
- Recent rebound+8
Market cap up 93% over the last 30 days
How to read it
Higher is healthier. 75 and above is rated Active, 50–74 Weakening, 20–49 Distressed, below 20 Dormant. The rating is an opinion derived from the disclosed inputs — not a recommendation and not a prediction.
Read the full methodology →The story so far
What the fall cost, and what the recovery is actually made of.
What did it cost you?
Computed in your browser — the numbers never leave this page.
Is it coming back?
Recovering
Life signs
80/100
Off its lows
+4096.3%
low $0.0070500404 · Aug 29, 2025
Still needs
583x
~0.5 yrs at this pace
Did it join the rally?
PEN is +3166% over 30 days, against Bitcoin’s +23%. It is moving on its own.
Market flat · BTC +2.8% this week · dominance 59.1%
Thinking of buying?
Extreme risk
93/100
- Exit liquidityVery thin
$16.5K traded daily against a $25.07M cap — 0.07% turnover. A meaningful position would move the price against you.
- Supply overhang43% still locked
A quarter of supply is still to be released.
- Volatility279% annualised
Extreme. Losing half your position inside a few weeks is normal here.
- Track record99.8% below peak
It has already destroyed almost all of its value once.
These are the checks before you buy PEN — not a recommendation either way. CoinGraph never tells you what to hold.
Thin data — read with caution
- Almost no recent trading (under $1k/day)
Where it trades
2 exchanges · 0 trusted listings · 1 stale
| # | Exchange | Pair | Price | 24h volume | Volume % | Trust |
|---|---|---|---|---|---|---|
| 1 | Hydration | ETH/PEN | $0.2981 | $13.4K | 81.22% | |
| 2 | Hydration | PEN/USDC | $0.0152 | $110.76 | 0.67% | |
| 3 | MEXC | PENDULUM/USDT | $0.0149 | $22.96 | 0.14% |
Top listings by 24h volume, stale and anomalous tickers excluded · data from CoinGecko
About Pendulum
The reference facts, then what the numbers say.
pendulumchain.org ↗@pendulum_chain ↗GitHub ↗API ID: pendulum-chainDecentralized Exchange (DEX)
Pendulum is an interoperable blockchain network built on Polkadot’s Substrate framework, designed to serve as the missing link between traditional finance and the DeFi ecosystem. Its native asset, PEN, functions as the core utility token for Vortex Finance, a leading fiat-to-crypto ramping platform and global settlement gateway. PEN is used for network gas, staking to unlock tiered fee discounts on Vortex, and project bonding for asset listings. Operating under a strict deflationary model, PEN features a hard cap of 150 million tokens with zero ongoing inflation. By leveraging oracle-guided AMMs, Pendulum provides the decentralized infrastructure required for scalable on-chain Forex (FX) trading and stablecoin utility.
Description via CoinGecko
What happened to Pendulum
Pendulum reached $172.43 5 months ago. It now trades at $0.2958 — a decline of 99.8% from that peak. $1,000 bought at the high would be worth $1.72 today.
Returning to the previous high from here would take a gain of 583x. That figure is arithmetic, not a forecast: it is simply the peak divided by the current price.
Within the 1.9 years of daily prices held for PEN, the range runs from $0.0070500404 to $0.2958, and the all-time high falls inside that window — so the chart on this page shows the full decline.
How PEN is rated
Pendulum scores 33 out of 100, which places it in the Distressed band — the inputs show a deep decline alongside thinning activity. A higher score means a healthier reading. The score starts at 100 and each measured factor deducts from it.
The deductions for PEN are: price decline, 50 points (down 99.8% from its all-time high of $172.43); volume decay, 24 points (trading volume is 95% below its busiest sustained stretch); time below peak, 1 points (152 days since the peak); recent rebound, 8 points (market cap up 93% over the last 30 days).
Data confidence for this rating is medium. Almost no recent trading (under $1k/day). A rating is only as good as what it is computed from, so the limits are stated rather than smoothed over.
Is PEN moving on its own?
From its lowest close in the 1.9 years held — $0.0070500404 — PEN has gained 100%, a 42x move off that floor. CoinGraph reads this as recovering.
Over the last 30 days PEN moved +3165.6% against the wider market's +22.8% — moving ahead of the wider market. This distinction matters more than the headline number: a coin rising only when everything rises is being carried, and that is a different situation from one climbing on its own demand.
Extending the pace of the last 90 days, a return to the previous high would take roughly 6 months. That is an extrapolation of a recent trend, not a projection — 90 days of crypto prices is a short base, and the pace will not hold steady.
PEN market position
PEN has a market capitalisation of $25.07M, ranking 741 by size, on 24-hour trading volume of $16.5K.
Daily turnover — volume as a share of market cap — is 0.1%. Turnover is what tells you whether a price is real: a coin can hold a large nominal valuation while almost nothing changes hands, and a price set by very few trades is one that moves sharply when anyone sizeable arrives.
43.5% of PEN's maximum supply has not yet entered circulation. Tokens still to be issued are future sell-side supply, which is a headwind the price chart alone does not show.
Annualised volatility from daily returns is 100%. CoinGraph rates overall risk Extreme on these inputs.
Pendulum — common questions
Is Pendulum still active?
CoinGraph rates Pendulum (PEN) 33 out of 100 today — Distressed, meaning the Distressed band — the inputs show a deep decline alongside thinning activity. The rating is derived from four disclosed inputs — price decline from the all-time high, volume decay, market cap erosion and time below peak — and is an opinion about what the data shows, not a prediction. The full breakdown is on this page.
How far is Pendulum from its all-time high?
Pendulum (PEN) is 99.8% below its all-time high of $172.43, trading at $0.2958.
What would $1,000 of Pendulum bought at the peak be worth now?
$1,000 of PEN bought at its all-time high would be worth about $1.72 today, a decline of 99.8%.
How much would PEN need to rise to break even?
PEN would need to gain 583x from $0.2958 to return to its all-time high of $172.43.
What is Pendulum's survival rating?
CoinGraph rates Pendulum 33 out of 100, in the Distressed band — the inputs show a deep decline alongside thinning activity. The rating is derived from price decline, volume decay, market cap erosion and time below peak, and every deduction is shown on this page. Higher is healthier.
What is Pendulum's price prediction?
CoinGraph does not publish price predictions — for PEN or any coin. What the data shows instead: PEN trades at $0.2958, 99.8% below its all-time high, and would need to gain 583x to return there — arithmetic, not a forecast. CoinGraph's survival rating for Pendulum is 33/100 (Distressed), derived from disclosed inputs.
Will Pendulum recover to its all-time high?
Nobody can know, and CoinGraph does not predict. The measurable part: PEN needs a 583x gain from $0.2958 to reach $172.43 again. Right now its recovery signal reads recovering, and it is moving ahead of the wider market over the last 30 days — a coin climbing on its own demand is a different situation from one drifting with the market.
Is Pendulum a good investment?
CoinGraph does not give investment advice or recommendations. It publishes a survival rating — Pendulum scores 33/100 (Distressed) — derived from price decline, volume decay, market cap erosion and time below peak, with every deduction shown. That is an opinion about what the data shows, for you to weigh against your own situation.
Why is Pendulum up today?
PEN has moved +1790.6% in the last 24 hours. CoinGraph reads market data rather than headlines, and the data says: over 30 days it is +3165.6%, and it is moving ahead of the wider market. A single day's move means little on its own unless volume and the longer trend confirm it — both are itemised on this page.
Is Pendulum recovering?
PEN is 100% above its lowest close in the 1.9 years of data held, which CoinGraph reads as recovering. It is moving ahead of the wider market over the last 30 days.
Everything else on this page is the data. The report is the analysis — what drove the decline, the warning signs in this coin’s numbers, and what a recovery would require.
Research agent
Put the research agent on Pendulum
It reads the full history and writes what it finds: what drove the decline, whether a recovery is plausible on these numbers, and the warning signs still in the data.
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