The Pendle team launched Boros, a funding rate trading platform on Arbitrum, through which users can speculate and hedge funding rates. It now supports trading Binance BTCUSDT and ETHUSDT funding rates, and plans to expand to more assets (e.g. SOLUSDT, BNBUSDT), more platforms (e.g. Hyperliquid, Bybit), more maturities, and more yield products in the future. Boros trades in units of yield (YU), each YU representing the yield of 1 unit of collateralized assets up to maturity, similar to Pendle's ...
It seems that it is just losing the "top" aura, but in fact it is related to the long-term rise of financing rates. Big money is still on the sidelines, and the US bond curve is surging. Credit quality concerns may bring a stage of upward momentum to gold and silver. Click to view...
On November 27th, the commission rate was generally reduced to "10,000", the ETF financing rate was as low as 3.99%, and the brokerage company started a "price war". It was learned from a number of brokerages that at present, the commission rate for new accounts opened by individual investors is at least 1/10,000, and some brokerages require account funds to reach 500,000, while some have no capital requirements. Regarding whether it can be achieved "10,000 1 free 5", many brokerage business dep...
The Federal Reserve is likely to continue its plan to shrink its balance sheet until the second quarter of 2025, barring a recession, Citi said, a longer period than previously forecast. The Fed has been gradually reducing its bond holdings since June 2022 through a process known as quantitative tightening (QT). The Fed said last week that it would slow the pace of the monthly sell-off of Treasuries, a move partly aimed at easing potential stress in funding markets. Citi had expected the Fed to ...
QCP Capital said that some counterfeit products and MemeCoin financing rates are seriously negative, which may lead to a rapid increase in the short squeeze.