The Pendle-backed funding rate trading platform Boros officially released version 1 and launched a referral program

ChainCatcher news, Pendle's funding rate trading platform Boros officially releases version 1 and simultaneously launches a referral program. The soft launch phase of Boros has shown strong early adoption momentum, reaching $60 million in open interest, $950 million in total nominal trading volume, and $730,000 in annualized revenue. After the launch of Boros, no new tokens will be issued, and all resources will return to PENDLE.

In the Boros referral program, referrers earn 20% of the settlement fees and trading fees generated by referred users, while referred users enjoy a 10% discount on trading fees. Additionally, Boros has launched two new markets with expiration dates of October 31: BTC-USDT Binance and ETH-USDT Binance.