DeFi Intel

Pendle Boros Launch (2025) event

Event · PageRank 0.0000

Overview

Boros is Pendle's funding-rate derivatives venue, launched on 6 August 2025 on Arbitrum. It extends Pendle's yield-tokenisation model from staking yields to perpetual futures funding rates, letting traders hedge or speculate on funding through a fully on-chain order book. Pendle positioned it as the first on-chain market for funding-rate exposure, targeting a segment previously only tradable off-chain; the platform reported rapid early growth in open interest and notional volume after launch.

Relations

No connections recorded for this entity in the DeFi Intel knowledge graph yet.

Frequently asked questions

What is Boros?

A Pendle product that turns perpetual futures funding rates into tradable on-chain instruments, allowing users to hedge or take positions on funding through an on-chain order book.

When and where did Boros launch?

It launched on 6 August 2025 on Arbitrum.

How does it differ from Pendle's core protocol?

Pendle's core product tokenises yield from assets such as liquid staking and restaking tokens into PT and YT; Boros applies a comparable approach to perpetual funding rates instead.

Sources

Facts on this page were verified against the following sources.