Pendle has opened Boros, a new platform on arbitrum with which users can immediately trade the Bitcoin financing figures
With BOROS, users can go for a long or shortage on exposure to financing percentages with the help of “yield stones” (yus), which are structurally comparable to the existing revenue tokens of Pendle. Each YU represents the realized financing revenue on 1 unit of notions, such as 1 ETH or 1 BTC, to the expiry, and offers a mechanism for speculating or covering against changing financing conditions on Binance and other large derivatives locations.
The platform was launched with covered parameters of $ 10 million open interest per market and 1.2x leverage.
Additional offers (including SOL and BNB) and integrations (such as hyperliquid and Bybit) are planned, but the team has deliberately introduced the growth to prioritize risk management and system validation.
For traders who pay or earn financing costs on CEXS, Boros offers a new hedge: short YU as expected financing will fall; Long when the rates are expected.
Liquidity provision is also in Focus. With Boros Vaults, LPS can supply capital to the system and swap costs, shuttle stimuli and positive wearing of favorable shifts in implicated Apr.
These safes mirror the fixed yield hills of Pendle and are expected to stimulate the liquidity of the protocol side in early phases.
Pendle incentives will be distributed, pro rata to order and fictionally filled, with an open referral program and costs in the coming weeks.