★ Admin has mint() with unlimited max

Pendle Finance's assessment for RD-F-042 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

[★] PENDLE token has no mint() function. Max supply ~281.5M PENDLE confirmed on Etherscan readContract. sPENDLE minting via stake() only (1:1 PENDLE → sPENDLE). Emission via claimLiquidityEmissions() follows a fixed schedule, not an admin-callable unlimited mint.

Sources #

Etherscan
PENDLE token — Etherscan readContractPENDLE token 0x808507121B80c02388fAd14726482e061B8da827 — no mint function; Max Total Supply ~281.5Mretrieved 2026-04-29
Etherscan
StakedPendle — no admin mintStakedPendle impl — no external mint function; _mint() called only within stake()retrieved 2026-04-29

Methodology #

Determine whether an admin-callable `mint` on a protocol token has no supply cap or an unlimited maximum supply.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol pendle factor RD-F-042 score green collected_at 2026-04-28 21:09:40