PENDLE has been included in the Bloomberg Galaxy DEFI Index, and its Boros protocol has been recognized by Arthur Hayes

Dec 01, 2025 21:26:05

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PENDLE has now been included in the Bloomberg Galaxy DEFI Index. Additionally, Arthur Hayes stated in his article "Adapt or Die" that TradFi is striving to maintain its dominance in the stock trading sector.

U.S. stocks, and indeed all stocks, will eventually achieve tokenization, but the success of stock perpetual contracts does not require waiting for equity tokenization. The current daily trading volume of stock perpetual contracts has surpassed $100 million. As traders and market makers become increasingly familiar with the contract specifications, a daily trading volume in the billions is just around the corner.

Stock perpetual contracts will become an important tool for both institutions and retail investors to hedge risks over the weekend. This will force major U.S. stock exchanges to accelerate their transition to a 24/7 trading model. A good startup idea is to create a derivative that allows retail investors to speculate on interest rates in a new way. The Pendle team is working on this, and its Boros protocol has quickly gained attention.

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