Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform
Main Idea
The content provided does not contain any article or substantive information to summarize.
Key Points
Description
Pendle has opened up Boros, a new platform on Arbitrum that allows users to directly trade the funding rates of bitcoin (BTC) and ether (ETH) perpetual markets. Boros lets users go long or short on funding rate exposure using “Yield Units” (YUs), which are structurally similar to Pendle’s existing Yield Tokens. Each YU represents the realized funding yield on 1 unit of notional, such as 1 ETH or 1 BTC, until expiry, offering a mechanism to speculate or hedge against changing funding conditions o...
$BTC
$113979.3
-0.54%
$ARB
$0.3842
-2.61%
$ETH
$3622.42
-1.00%
$SOL
$163.80
-3.09%
$BNB
$761.80
+0.09%
$HYPE
$37.468
-4.59%
Latest News
- Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes2025-08-06 08:51:17
- Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin2025-08-06 08:49:56
- SBI Files for Bitcoin–XRP ETF in Japan, Pushing Dual Crypto Exposure Into Regulated Markets2025-08-06 08:47:55
- Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai2025-08-06 08:45:50
- Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform2025-08-06 06:52:09