Boros launches NVDAUSDC perpetual contract market with a new funding rate arbitrage mechanism

According to Pendle co-founder TN Lee’s latest sharing, the ecosystem’s funding rate trading platform Boros has officially launched the NVDAUSDC-Hyperliquid (USDT collateralized) market. This is the industry’s first perpetual contract funding rate product based on stock assets.

Product Highlights and Revenue Mechanism

This new product opens up a brand new source of income for users—by participating in funding rate trading, investors can capture the rate fluctuation gains of Nvidia assets. The basic annual interest rate for the NVDAUSDC market reaches 5.5%, with the product term set until February 27, 2026. Unlike traditional trading, this funding rate model allows users to avoid directional risk and profit from the asymmetric changes in funding rates.

Ecosystem Expansion Plan Accelerates

TN Lee revealed that Boros plans to continuously enrich its product types. Building on the Arbitrum ecosystem, Boros will introduce more on-chain assets, including high-liquidity assets like SOL and XRP funding rate markets.

More notably, Boros plans to significantly expand the RWA (Real World Assets) track. Funding rate trading products for traditional assets such as AAPL, TSLA, GOOGL, and NASDAQ have been included in the development roadmap, meaning users will be able to participate in funding rate arbitrage for mainstream tech stocks and indices via on-chain methods in the future.

Long-term Strategic Layout

In addition to the funding rate market, Boros’s ultimate goal is to build a diversified revenue trading ecosystem. Traditional financial yield products such as government bond yields and mortgage rates are also expected to be introduced, enabling DeFi traders to capture macroeconomic profit opportunities on-chain. This layout signifies that Pendle is expanding the funding rate mechanism from crypto assets to a broader range of financial products.