Overall Size
Concrete locks about $1.27 billion, making it larger than Pendle which locks roughly $1.03 billion. Both platforms operate across multiple blockchains, but Concrete’s market cap is reported at about $24 million, while Pendle’s market cap data is not available.
Trading Activity and Fees
Pendle processes around $224 million in daily volume, whereas Concrete shows no reported volume for the last 24 hours. Despite the lower volume, Concrete’s users paid about $82,000 in fees, significantly more than Pendle’s $15,000 in daily fees.
Network Reach
Pendle is deployed on 14 different chains, including Ethereum, Arbitrum, and Avalanche, giving it broad cross‑chain exposure. Concrete operates on 5 chains such as Ethereum, Arbitrum, and Berachain, focusing on a more limited set of networks.
Who Might Prefer Each Platform
Users seeking a platform with higher total value locked and strong fee generation may lean toward Concrete, especially if they value institutional‑grade vaults. Traders looking for active yield token markets and broader chain access might find Pendle more suitable.