Convex Finance vs Pendle

Across the 4 assets both pay yield on, Pendle pays more on 3 of them. Convex Finance is non-custodial DeFi; Pendle is non-custodial DeFi. All yields below are live.

Updated 27 Sep 2026, 09:00 UTC

Convex Finance

DeFi · risk B

11.8%

best of 49 live yields

Non-custodial

Pendle

DeFi · risk A

10.0%

best of 46 live yields

Non-custodial

Head to head

Best live APY

11.8%best

10.0%

Live assets

Breadth of assets they pay yield on

16best

Live yields

49best

Custody model

DeFi = non-custodial, on-chain; CeFi = a custodial earn account

DeFi

Same asset, best live APY on each

AssetConvex FinancePendle

Which should you earn on?

Earn on Convex Finance

Broader selection (16 assets vs 15).

Earn on Pendle

Pays more on 3 of the 4 shared assets, up to 10.0%.
Better risk grade (A vs B).

Not sure? Pick your asset and risk tier and we rank the highest live yield that actually fits across both of these and every other platform. See how we rank.

More head-to-heads

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