Pendle Finance Boros Launch
APR
30
Event date
Wednesday 30 April 2025, UTC
Event description
- Boros, a new platform by Pendle Finance, will launch in April 2025 as the first marketplace to make funding rates tradeable, tapping into a $150-$200 billion daily trading volume on perpetual exchanges, as outlined in Pendle’s Medium post from December 2024.
- Pendle’s integration with Ethena, a protocol generating yields through funding rates, positions it to capitalize on Ethena’s $21.3 billion USDe stablecoin market, addressing the volatility of crypto markets as noted in CoinDesk’s April 2024 coverage.
- Funding rates, critical in shaping perpetual futures trading strategies, are typically positive in bull markets and negative in bear markets, influencing protocols like Ethena and Boros to innovate yield generation amid crypto’s 2025 market recovery.
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