Boros launches on Hyperliquid funding rate trading market

ChainCatcher news, according to the official announcement, Pendle's Boros platform has officially launched on the Hyperliquid market, allowing users to trade funding rates for BTC USD and ETH USD.

Initially, the open position limit for BTC is 15 millions, with a vault limit of 25,000 US dollars; for ETH, the open position limit is 20 millions, with a vault limit of 30,000 US dollars. Due to the high volatility of funding rates on Hyperliquid, the new market will provide traders with cross-exchange arbitrage opportunities, especially since ETH funding rates are usually higher than those on certain exchanges.