Boros Increases Market Cap and Raises Leverage Ratio

BlockBeats News, August 26, according to an official announcement, Boros announced an adjustment to the transaction parameters. The ETH market's open limit has been increased from $40 million to $50 million, and the treasury size has been raised from $160,000 to $200,000.

At the same time, the maximum leverage ratio for the BTC and ETH markets has been increased from 1.9 times to 3 times. The maintenance margin ratio has also been adjusted from the previous 50% of the initial margin to 66.7%.

The announcement pointed out that this adjustment aims to improve capital efficiency while strengthening risk management. As of three weeks after launch, the Boros platform has achieved a $47 million open interest contract size, with a total notional trading volume of $287 million.