Boros launches Hyperliquid funding rate trading market

ChainCatcher news, according to the official announcement, Pendle's Boros platform has officially launched the Hyperliquid market, where users can now trade the funding rates for BTC USD and ETH USD.

Initially, the open position limit for BTC is set at 15 million, with a vault limit of 25,000 USD; the open position limit for ETH is set at 20 million, with a vault limit of 30,000 USD. Due to the high volatility of Hyperliquid's funding rates, the new market will provide traders with cross-exchange arbitrage opportunities, especially since ETH funding rates are typically higher than those on Binance.