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Author｜Azuma ( @azuma_eth ) Earlier this month, leading DeFi protocol Pendle officially launched its long-awaited new product, Boros (see ” Funding Rates Finally Become a Tradable Asset: How Does Pendle’s Sub-Platform Boros Disrupt the Arbitrage Market? “). This product allows users to trade or hedge directly around funding rates, unlocking new gaming and revenue markets for the industry. Since Boros went online, the platform’s various data have achieved certain growth, and PENDLE’s price has also been strongly boosted, breaking through $6 in the short term, becoming one of the most outstanding ETH Betas this month. However, because the concept of fee-based trading is relatively new, most users remain confused about how to understand Boros and how to leverage it to generate returns. Below, we will address these questions in as…# Analysis# defi# ethereum# Exchange# TokenPre
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- Recently, Rich Widmann, Head of Web 3 Strategy at Google, announced via social media the official launch of its blockchain network, Google Cloud Universal Ledger (GCUL), defining it as a