Pendle has launched the Boros platform, supporting BTC and ETH perpetual contract trading

Hashe Chain has announced that Pendle has launched the Boros platform on Arbitrum, allowing users to directly trade Bitcoin and Ethereum perpetual contract funding rates. The Boros platform introduces 'Yield Units' (YU), which have a structure similar to Pendle's existing yield tokens, where each YU represents 1 unit of nominal principal (such as 1 ETH or 1 BTC) earning a yield before maturity. Initially, each market on the platform has an open position limit of $10 million and a leverage limit of 1.2 times. Although Boros plans to gradually add more trading assets like SOL and BNB, and plans to connect to other exchanges like Hyperliquid and Bybit, the team will prioritize risk management and system testing. Through its treasury system, liquidity providers can inject funds to earn transaction fees, PENDLE token rewards, and changes in APR rates. The incentives for PENDLE tokens are distributed based on order flow and trading principal, and referral programs and fee rebate activities will continue to be launched.