⚡ Boros has been going very fast since its launch a month ago. According to the official data released yesterday, in the short stage of soft launch, a beautiful report card has been submitted: Accumulated nominal trading volume approaching 950 million US dollars Open interest contract size exceeds 60 million US dollars Annualized revenue of 730000 US dollars from the agreement More than 11000 active users You should know that Pendle V2 reached the same scale in just over a year, while @ boros_fi only took a month and a half! This indicates that the market's demand for capital rate trading is real. Especially after the launch of Hyperliquid trading pairs, there have been more arbitrage activities and the growth rate of funds has become significantly more active. In order to support more people entering the market, Boros is also constantly adjusting parameters: doubling the OI limit, raising the vault limit, and increasing the leverage of Hyperliquid from 1.3x to 2x. In other words, Boros will open up capacity and efficiency to the extent that market demand is strong! If we broaden our perspective to the entire market, we can better understand Boros' potential—— The daily size of the PERP market in the cryptocurrency market now exceeds $200 billion in open contracts, with a daily trading volume of up to $250 billion, which is 10 times that of spot trading. Currently, Boros has only cut 0.03% of this cake. Even if the future market share is only 3%, it still means that we can obtain: $5 billion OI Annual income of 73 million US dollars This is the true opportunity at the level of a 'new financial primitive'! And all of this will eventually flow back to PENDLE - because Boros will not issue coins separately, protocol revenue and value accumulation will settle in the Pendle system. That's also why I often say that Pendle is far from finishing its story. From an unknown protocol to the world's largest profit trading platform, Pendle has completed the first phase of value discovery: PENDLE has risen from a few cents to over $5. But the new stage has just begun. The success of Boros signifies that @ pendle_fi has officially entered the second cycle of value discovery - a true value discovery cycle that belongs to the interest rate market. Many people may not realize this yet, but this is precisely the most fascinating aspect of the growth of value coins: The price may lag, but the value will continue to accumulate. Of course, for many new entrants, the more practical question is: how should it be used? If you still don't know where to start, you can take a look at the several Boros teaching collections I have compiled before. Run through the basic logic and operation path, and you will have a more intuitive understanding of why fund rates can be traded, how arbitrage logic can be implemented, and how you can make money with Boros: YT vs YU: Understanding Pendle and Boros' funding strategies in one article! 》https://((((x.com))))/BTW0205/status/1964521312657018928 How is Boros' revenue calculated? 》https://((((x.com))))/BTW0205/status/1961620194620854732 How do BTC/ETH holders use Boros for financial management? 》https://((((x.com))))/BTW0205/status/1956237907574055261 Pendle Boros Practical Guide https://((x.com))/BTW0205/status/1954004619627225302 In addition, Boros has now opened up a recommendation mechanism. Register with my invitation code and enjoy a 10% swap fee discount! https://boros.pendle.finance/join/BITWU Pendle Boros @tn_pendle