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PENDLE has been included in the Bloomberg Galaxy DEFI Index, and its Boros protocol has been endorsed by Arthur Hayes.
ChainCatcher news, PENDLE has now been included in the Bloomberg Galaxy DEFI Index. In addition, Arthur Hayes stated in his article “Adapt or Die” that TradFi is striving to maintain its dominance in the stock trading field. U.S. stocks and all stocks will eventually achieve tokenization, but the success of stock perpetual futures does not have to wait for equity tokenization. The current daily trading volume of stock perpetual futures has exceeded 100 million dollars. As traders and market makers become increasingly familiar with contract specifications, a daily trading volume in the billions is just around the corner. Stock perpetual futures will become an important tool for institutions and retail investors to hedge risks over the weekend. This will force major U.S. securities exchanges to accelerate their transition to a 7x24 trading model. A good startup idea is to create a derivation that allows retail investors to speculate on interest rates in a new way. The Pendle team is working on this, and its Boros protocol has quickly gained attention.