Pendle's Boros platform has reached a significant milestone, achieving $10 billion in notional trading volume. This accomplishment was reached 2.7 times faster than Pendle V2, the leading crypto yield trading platform. The rapid growth underscores the potential of funding rate trading products, which Pendle believes have substantial future market opportunities.
Following the introduction of funding rates for assets like NVDA, gold, and silver, Boros plans to expand into both on-chain and off-chain markets, as well as real-world assets (RWA). With this milestone, Boros is poised for accelerated growth and aims to establish itself as a key infrastructure for funding rate exposure across the crypto and broader financial sectors.
Pendle's Boros Hits $10 Billion Notional Volume Milestone
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