Pendle Surpasses $100M TVL on Plasma, Boros Introduces New Feature

BlockBeats News, October 3rd, Pendle announced that the TVL on Plasma has surpassed $100 million, taking only half a day to achieve this milestone.

Furthermore, Pendle's fund rate trading platform, Boros, has launched a new feature allowing positions to be taken using USDT to trade fund rates on Hyperliquid (BTC and ETH pairs, maturing on October 31st).

With this feature, trading during key events such as the Federal Reserve announcements, CPI/PPI data releases, or taking advantage of market inefficiencies will become effortless. Hedging trades on BTC and ETH fund rates based on market-driven factors will also become easier.