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Pendle Weekly Update: Boros Fund Limit Significantly Increased, Ecosystem TVL Surpasses $8 Billion
BlockBeats News, August 11th: The funding cap of Pendle's fund rate trading platform Boros continues to increase, with the open position limit rising from $15 million to $28.55 million. The BTC and ETH treasury limits have increased from $60,000 and $80,000 to $100,000 and $125,000, respectively, indicating a trend of fund size expansion.
In terms of the ecosystem, as of August 9th, Pendle's Total Value Locked (TVL) has increased from $7 billion five days ago to $8 billion, reaching a new all-time high. In terms of cross-chain deployment, Pendle has achieved a TVL of over $300 million on the HyperEVM network in less than two weeks, entering the top ten on DefiLlama's ranking. This indicates that cross-chain functionality is gradually being accepted by users, and ecosystem development is steadily advancing.
Regarding market performance, according to Block Media, Pendle has performed well on the Upbit exchange, becoming one of the top three gainers among crypto assets. Alongside Prove (PROVE) and Etherna (ENA), Pendle has attracted market attention, demonstrating strong market activity and investor interest.
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