According to Foresight News, the Pendle team has launched Boros, a financing rate trading platform on Arbitrarum. Users can speculate and hedge financing rates through this platform. It now supports trading Binance BTCUDT and ETHUSDT financing rates, and plans to expand to more assets (such as SOLUSDT, BNBUSDT), platforms (such as Hyperliquid, Bybit), maturities, and future yield products. Boros uses units of income (YU) for trading, with each YU representing the return of one unit of collateral asset until maturity, similar to Pendle's YT. This release of Boros will be limited to a limited amount: the initial limit for open interest contracts (OI) in each market is $10 million, and leverage will be limited to 1.2 times.
