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.
You may also like

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

a16z Crypto Partner: Cash flow is the moat

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

Galaxy in-depth report: Is Solana still worth paying attention to?

Young people in South Korea make a "final effort" in the epic bull market

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts

How much longer can Ethereum's last big buyer hold on?

World Cup 2026 Coming – WEEX Celebrates with $1M Prize Pool & Michael Owen Live

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

