Pendle’s native token has experienced a significant surge, rising 45% to $5.60 over the past week. This remarkable performance puts Pendle well ahead of broader market gains. The platform’s innovative approach to on-chain yield trading is attracting investors and traders alike. Boros introduces Yield Units (YUs), allowing users to speculate or hedge against crypto funding rates in a decentralized manner. These YUs offer potential for fixed yields, volatility protection, or directional bets on future funding rates. 💰🚀 This new platform taps into the massive $80 billion in open interest and 10% annualized Bitcoin funding rates. Boros facilitates direct capture or hedging of these significant returns. In just its first two days, Boros secured over $1.85 million in Bitcoin (BTC) and Ethereum (ETH) deposits. Pendle’s Arbitrum deployment has also seen a surge, with active addresses exceeding double their monthly average. This success follows the integration with Hyperliquid, where the largest liquid staking token on its HyperEVM—kHYPE—has already drawn over $221 million in TVL. This rapid adoption solidifies Pendle’s leading position in the dynamic realm of on-chain yield trading.