Pendle has launched a new platform called Boros, aimed at making yield trading more efficient. Boros allows traders to access a range of returns from traditional finance (TradFi) to decentralized finance (DeFi). The platform targets funding rates on perpetual exchanges, offering traders instruments to actively control and trade these rates. Boros stands out by linking DeFi and TradFi, providing capital-efficient trading options for individuals in DeFi. Pendle plans to keep token stability by relying on its current paradigm, with PENDLE and vePENDLE tokens absorbing the value produced by Boros. Additionally, Pendle has promised a pro-rata airdrop for vePENDLE holders to incentivize long-term holding and platform engagement. Boros offers various trading choices for both daring and cautious traders to profit from or protect against funding rate volatility. Pendle has also sent tokens to Binance, hinting at potential liquidity developments. At the time of writing, PENDLE is trading at $5.20 with a 5.76% increase in the past week and a market cap of over $850 million.



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