Pendle’s TVL records $8.3 billion since the debut of the platform trading yield

The total value of the pendle is locked (TVL) Its native token pendle surged to a record $8.27 billion, but its native token pendle went to $5.6 last week, at 45%.

According to Dune Data, Bitcoin’s funding rate averages around 10% this week, about $80 billion in public interest, changing hands by over $8 billion a year between years and shorts.

Boros packages these yields into tradable on-chain assets called yield units (Only)causing the trader to run out of rates themselves.

Boros can be used for many pre-tactics, such as including hedge floating financing payments in a fixed interest rate or locking at high yields during volatile periods.

In the first two days, Boros attracted more than 283 Wes deposits (Approximately $1.1 million) 6.4 WBTC (Approximately $750,000) The safe shows the data.

Activities in Pendle’s Arbitrum deployment have skyrocketed alongside launches, with active addresses well above the average each month, with both buyers and sellers increasing as they follow the data in TheTie, riding on distributed exchanges.

Boros currently supports BTC and ETH funding rates, but the plan is to expand to other floating yields, such as compensation and tokenized Treasury bills.

Pendle performance and locked totals were also behind the high lipid ecosystem. The company was integrated with high lipids later last month. Since then, Khype from Kinetiq, the largest liquid staking token in HypereVM, has raised $221 million at a total locked price.

Pendle Token has significantly outperformed the broader cryptocurrency market, measured by the Coindesk 20 (CD20) index over the past week, up 13.15% over that period.