Boros to Launch SOL Funding Rate Trading Market for Hyperliquid and Lighter
BlockBeats News, February 11th, Pendle's trading platform Boros launched the SOL Funding Rate Trading Market on Hyperliquid and Lighter, namely SOLUSDC-Hyperliquid and SOLUSDC-Lighter. Both markets are collateralized with USDT and expire on March 27, 2026.
The SOL funding rate is highly volatile. The traditional profit-taking method of earning from negative rates is complex, usually requiring cross-platform positions, which is cumbersome and risky. Now, simply shorting Boros' YU token (Boros' funding rate tokenized product) in the corresponding market on Boros allows capturing negative rate returns.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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