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On 30 January 2020, Podence moved to English Premier League side Wolverhampton Wanderers in a four-and-a-half-year deal for a £16.9 million transfer fee. He made his debut as a substitute, coming on in a 0–0 draw with Manchester United at Old Trafford. Podence made his full debut for Wolves in the second leg of their 2019–20 UEFA Europa League Round of 32 fixture away to Espanyol on 27 February, providing assists for both of Wolves' goals in a 3–2 defeat.

On 2 September 2019, after a litigation with Sporting, both clubs reached a €7 million settlement. Sixteen days later, in his first appearance in the group phase of the UEFA Champions League, Podence helped Olympiacos come back from a 2–0 home deficit to a 2–2 draw against Tottenham Hotspur, scoring in the 44th minute after an individual effort.

In late January 2017, Podence was recalled by Sporting manager Jorge Jesus. He terminated his contract for just cause on 1 June 2018 after Rui Patrício, following a violent attack on the players by a number of their own supporters.

On 9 July 2018, Podence joined Olympiacos F.C. on a five-year deal. On 14 July 2018, he made his debut with team's colours in friendly game against Tessederlo, also his first appearance in official match on 9 August 2018 in a 4–0 home win against Luzern in the UEFA Europa League qualifications (7–1 aggressive win). He scored his first official goal for his new club on 30 August, in a 1–1 away draw against Burnley in the UEFA Europa League play-off round (4–2 aggregate win); he finished his first season in the Superleague Greece with eight goals across all competitions, and the team finished in second place.

Podence played his first official game for the first team on 29 December 2014, starting in a 2–0 away win over Vitória S.C. for the final stages of the Taça da Liga. He was then loaned to Moreirense F.C. in a season-long move. He made his debut in the Primeira Liga on 17 September 2016 in a 0–2 loss at G.D. Estoril Praia, scoring his first goal in the competition on 29 October in another away fixture, against C.D. Tondela (a 2–1 win); on 4 December 2016, his two goals helped the hosts to a 3–1 win over C.D. Nacional, and he also made three appearances for the club in the League Cup campaign, which ended with them winning their first-ever trophy.

Born in Oeiras, Lisbon, Podence joined Sporting CP's youth system shortly before his 10th birthday where he was abandoned by parents, arriving from neighbouring C.F. Os Belenenses. On 3 February 2013, whilst still a junior, he made his senior debut, appearing for the former's reserves in a Segunda Liga match against C.S. Marítimo B after coming on as a late substitute for Bruma.

Daniel Castelo Podence (born 21 October 1995) is a Portuguese professional footballer who plays as a winger for English Premier League club Wolverhampton Wanderers.