🚨 PENDLE EXPANDS INTO RWAs AND BOROS LAUNCHES NEW SPREAD MARKETS FOR BTC AND ETH
Pendle is expanding its presence in two areas of the DeFi market: real-world asset (RWA) yields and funding rate trading.
🏦 PPLUS: RWA WITH BITWISE
Pendle has launched PPLUS, a vault strategy developed in collaboration with Bitwise and managed by Ember Protocol.
🔹 Exposure to a leveraged credit strategy
🔹 Fixed yield target
🔹 Expected maturity in January 2027
The initiative strengthens the expansion of financial strategies linked to real-world assets into the on-chain ecosystem.
📊 BOROS: SPREAD MARKETS FOR BTC AND ETH
On October 15, Boros launched markets that allow users to trade the difference between perpetual contract funding rates on different platforms.
The first markets cover: ₿ Bitcoin (BTC)
◆ Ethereum (ETH)
Initially, the spreads track the differences between funding rates on Hyperliquid and Gate. Instead of opening two separate positions to trade this difference, users can take a single position on the spread.
📌 Why does this matter?
Pendle is expanding its infrastructure beyond traditional yield trading. PPLUS brings credit and RWA strategies closer to DeFi, while Boros creates new opportunities to speculate on funding rate differences or hedge existing exposures.
The economic impact will depend on adoption, trading volume, and the revenue generated by these products.
$PENDLE
Pendle is expanding its presence in two areas of the DeFi market: real-world asset (RWA) yields and funding rate trading.
🏦 PPLUS: RWA WITH BITWISE
Pendle has launched PPLUS, a vault strategy developed in collaboration with Bitwise and managed by Ember Protocol.
🔹 Exposure to a leveraged credit strategy
🔹 Fixed yield target
🔹 Expected maturity in January 2027
The initiative strengthens the expansion of financial strategies linked to real-world assets into the on-chain ecosystem.
📊 BOROS: SPREAD MARKETS FOR BTC AND ETH
On October 15, Boros launched markets that allow users to trade the difference between perpetual contract funding rates on different platforms.
The first markets cover: ₿ Bitcoin (BTC)
◆ Ethereum (ETH)
Initially, the spreads track the differences between funding rates on Hyperliquid and Gate. Instead of opening two separate positions to trade this difference, users can take a single position on the spread.
📌 Why does this matter?
Pendle is expanding its infrastructure beyond traditional yield trading. PPLUS brings credit and RWA strategies closer to DeFi, while Boros creates new opportunities to speculate on funding rate differences or hedge existing exposures.
The economic impact will depend on adoption, trading volume, and the revenue generated by these products.
$PENDLE