Pendle’s Plasma platform surpassed $100M in total value locked within 12 hours, and Boros added USDT positions for BTC and ETH funding rate trades ahead of major macroeconomic events.
Pendle announced that total value locked on its Plasma platform exceeded $100 million within half a day, reflecting strong user adoption. Additionally, its funding rate trading platform Boros introduced a new feature enabling users to open USDT positions and trade funding rates for BTC and ETH pairs on Hyperliquid, with contracts expiring on October 31. The enhancement aims to support trading strategies during key market-moving events such as Federal Reserve announcements and major economic data releases, and to provide more efficient hedging for BTC and ETH funding rate risks.