Pendle Finance has announced a significant increase in limits within its Boros platform on Arbitrum, alongside a total value locked in the ecosystem surpassing $8 billion.
Increase of Funding Limits in Boros
Pendle Finance has notably extended position and treasury limits in Boros to cater to trading demand. The increase in funding limits aims to enhance liquidity and participant engagement.
Impact on DeFi Markets
The increase in funding limits is expected to positively impact the DeFi markets by allowing larger trades and hedges. This creates new investment strategies centered on funding-rate yields, boosting liquidity for BTC and ETH trading pairs.
Pendle Finance Strategy and Compliance
Boros offers both orderbook and AMM-like vaults to cater to active traders and passive investors. Co-founder and CEO TN Lee emphasized, 'Boros significantly enhances our offerings by allowing users to transact in BTC and ETH funding rates on-chain.'
The expansion of Boros is likely to attract institutional interest, providing new trading opportunities in the DeFi sector.
