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RENDER surges 21% in a single day, surpassing LINK and TAO, is the AI token leader switching?
Just Now
Data: In the past 24 hours, the entire network has liquidated $427 million, with long positions liquidated at $273 million and short positions at $155 million.
3m ago
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Pendle's funding rate trading platform Boros has accumulated a nominal trading volume of over 500 million USD.
BlockBeats news, on September 5th, Pendle co-founder TN Lee stated that the funding rate trading platform Boros under Pendle has been online for a month, showing impressive data performance. Despite initially adopting conservative parameters and limits, the platform has still achieved rapid growth: the size of open contracts reached 61.1 million USD; the cumulative nominal trading volume exceeded 524 million USD; and the number of users reached 11,000. In terms of liquidity, the vault quota was quickly filled within minutes after opening, indicating strong market demand. Users' acceptance of the new concept of “trading funding rate” is also steadily increasing. TN Lee stated that as the adoption rate of Boros rises, they will continue to monitor system operations and gradually expand the scale to support larger capital flows, including institutional hedging. At the same time, education will remain a key aspect of the platform's development, helping more users understand and participate in this emerging market.