The total value of Pendle is locked (TVL) Already surged Record $8.27 billionwhile its local token Pendle has climbed 45% in the past week to reach $5.6 on the back of the protocol New production trading platform.
According to Dune data, the average Bitcoin financing rate this week is 10%, with about $80 billion in open interest, a yearly change between desire and shorts.
Boros sends these earnings to tradable chain assets, called earning units (useless)let the trader itself be long or short.
Boros can be used in a number of pre-strategies, including hedging floating funds to pay fixed interest rates, or high yield lock-in during volatility.
In the first two days, Boros attracted more than 283 Weth’s sediments (About US$1.1 million) and 6.4 WBTC (approximately US$750,000) Enter the vault, data show.
Pendle arbitration deployed activities and releases and soared within launch range, with active addresses reaching 1,428, well above the monthly average, and according to Thetie data, both buyers and sellers are breeding in dispersed exchanges.
While Boros currently supports BTC and ETH funding rates, the plan will expand to other floating yields, such as Stage Rewards and Siskenized Teareasury bills.
Pendle’s performance and total value of lockdown also appear on the back of the hypermobility ecosystem. The company is combined with mixed races at the end of last month. Since then, Kinetiq’s Khype is the largest liquid containing token on HypereVM Attracted The total value is locked at $221 million.
Pendle Token has significantly outperformed the broader cryptocurrency markets such as Coindesk 20 (CD20) index, up 13.15% during this period.
