The open interest on Pendle's Boros trading platform once exceeded $250 million, setting a new record high.

PENDLE-1,46%

BlockBeats News, January 6th, according to official data, the unliquidated contract volume on the Boros platform once exceeded $250 million, setting a new historical high. In just about four and a half months since its launch in August, its nominal trading volume has also surpassed $7 billion. Boros stated that the current average daily unliquidated contract size in the funding rate market is approximately $150 billion, with its platform currently accounting for only 0.1% of that share, leaving significant room for growth in the future. Additionally, Pendle’s V2 currently allows listed protocols to be incentivized through additional YT rewards to promote their markets on Pendle, with the first batch involving mHYPER and mAPOLLO yield tokens. Pendle is also continuously launching new features to optimize user trading strategies and experience.

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