In 24 hours since launch, @boros_fi has achieved:
• $15M in Open Interest
• $36M in Notional Trading Volume
• BTCUSDT-Binance market at full capacity (with OI cap recently being raised $10M → $15M)
• ETHUSDT-Binance reached 52%
• Both BTCUSDT and ETHUSDT Liquidity Vaults are fully filled
All trades and settlements are functioning exactly as intended.
We're actively monitoring the system and appreciate the patience of our users as we build a new DeFi primitive from the ground up together.
Job's not done.
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Boros is now live.
A new platform to trade funding rates, starting with Binance perp markets (BTC & ETH), with more exchanges and markets coming soon.
This unlocks an untapped yield source in crypto, and for the first time, gives institutions and protocols like @ethena_labs a way to hedge funding risk at scale.
There’s no TradFi or DeFi precedent for this. We’re building from zero, and going to one will take time. But this is how new primitives are born.
Job's not done!
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