Pendle has launched the funding rate trading platform Boros, which debuted on Arbitrum.
BlockBeats News, August 6th, Pendle launched the funding rate trading platform Boros on the Arbitrum network, supporting users to trade BTC and ETH on-chain funding rate yield. Boros now supports trading the funding rates of BTCUSDT and ETHUSDT on the Binance platform and will gradually expand to more assets (such as SOLUSDT, BNBUSDT), more platforms (such as Hyperliquid, Bybit), and more expiry time products in the future.
The platform initially supports the funding rate market of Binance's BTCUSDT and ETHUSDT perpetual contracts, with the following limits: a maximum open interest of $10 million nominal value per trading pair; an initial leverage limit of 1.2x. Users can hedge or speculate on future funding rate changes by buying and selling Yield Units (YU), similar to Pendle's YT mechanism.
Boros aims to become the core platform in the Pendle ecosystem focused on yield trading and plans to later integrate RWA yield products such as bonds and stocks to build a more comprehensive on-chain yield infrastructure. In the future, Boros will gradually expand to support more currencies, exchanges, and new features. The team also stated they will closely monitor market reactions and dynamically adjust parameters.
You may also like

Vitalik wrote a proposal teaching you how to secretly use AI large models

On the eve of the explosion of on-chain options

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

Why is OpenAI playing catch-up to Claude Code instead?

Vitalik wrote a proposal teaching you how to secretly use AI large models

The doubling of Circle's stock price and the paradigm shift of stablecoins

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.