Pendle's Boros launches NVDAUSDC funding rate trading product
Foresight News reported that Pendle co-founder TN Lee stated that Pendle's funding rate trading platform Boros has launched the NVDAUSDC-Hyperliquid (USDT collateral) market. This product is the first funding rate market for stock perpetual contracts, allowing users to earn the funding rate spread of Nvidia. The base annual interest rate for NVDAUSDC is 5.5%, with maturity on February 27, 2026.
TN Lee stated, "Boros is expected to accelerate its rollout and introduce a richer product line beyond Arbitrum native assets, such as SOL and XRP; launch more RWA products, such as AAPL, TSLA, GOOGL, NASDAQ; and eventually introduce markets beyond funding rates (for example, treasury yields, mortgage rates, etc.)."
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