Pendulum
ProjectBlockchain connecting Fiat and DeFi
About
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.
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History
Pendulum mainnet launch
PEN token launch
Pendulum wins Polkadot parachain auction
Private Round
$5.00M
$5.00M · CRT Capital, Advanced Blockchain AG, 6K Starter
Recent News
Tokenmaxxing was cool for a hot minute. Now the pendulum is swinging back hard. When Uber’s CTO says they burned through their annual AI coding budget in 4 months, and their President says the ROI is still unclear, they’re not being anti-AI. They’re thinking from first principles. At Su
In design, this will be remembered as the colorless era: cars, buildings, movies, the chroma is being sucked out of everything. But of course the pendulum will eventually swing back, and then colorlessness will seem dated.
#AlchemyPay has teamed up with @pendulum_chain to integrate its native token PEN on its ramp. Now users can easily…
RT @rekt0x: 🧵 @THORChain Weekly #62 $RUNE Topics - Hardcap Reached - Recent Network Issues - Savers Yield - Incentive Pendulum - Community…
The Incentive Pendulum at work. When the network is under-bonded, Nodes are paid more. They bond more, increasing…
The core of THORChain is its vault security. The Incentive Pendulum incentivizes $2 of capital to be locked for e…
