Open interest on Pendle's Boros trading platform once surpassed $250 million, reaching a new all-time high.

BlockBeats News, January 6, according to official data, the open interest on the Boros platform once surpassed $250 million, reaching a new all-time high. Since its launch in August, just about four and a half months ago, its notional trading volume has also crossed the $7 billion mark.

Boros stated that the average daily open interest in the current funding rate market is around $150 billion, with its platform currently accounting for only 0.1% of that share, indicating significant room for future growth.

In addition, Pendle's V2 now allows listed protocols to incentivize their markets on Pendle through additional YT rewards, with the first batch involving mHYPER and mAPOLLO yield tokens. Pendle is also continuously launching new features to optimize users' trading strategies and experience.