Boros is now live on Arbitrum
@boros_fi is a new platform by the @pendle_fi team to trade funding rate yield on-chain, starting with BTCUSDT and ETHUSDT from Binance, with more rates and exchanges (e.g. SOLUSDT, BNBUSDT, Bybit, Hyperliquid) coming soon
at the core of Boros are Yield Units (YUs), tradable tokens representing the funding rate yield of 1 unit of the underlying asset (e.g. 1 ETH). Like Pendle’s YTs, you can go long or short YUs depending on your view of where funding is headed
funding is a massive but hard-to-access yield stream in crypto. Boros unlocks it, letting traders hedge their perp exposure or speculate on funding trends, entirely on-chain
you'll soon be able to LP in Boros Vaults, earning:
• PENDLE incentives
• Swap fees
• Value accrual from implied APR shifts
Congrats to the Pendle team!
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