PENDLE included in the Bloomberg Galaxy DEFI Index, with its Boros protocol receiving endorsement from Arthur Hayes

ChainCatcher news, PENDLE has now been included in the Bloomberg Galaxy DEFI Index. In addition, Arthur Hayes stated in his article "Adapt or Die" that TradFi is striving to maintain its dominance in the stock trading sector.

US stocks, and indeed all stocks, will eventually be tokenized, but the success of perpetual stock contracts does not need to wait for equity tokenization. The current daily trading volume of perpetual stock contracts has already exceeded $100 million. As traders and market makers become increasingly familiar with contract specifications, daily trading volumes reaching billions of dollars are just around the corner.

Perpetual stock contracts will become an important tool for institutions and retail investors to hedge risks over the weekend. This will force major US stock exchanges to accelerate their transition to a 7x24 hour trading model. A good entrepreneurial idea is to create a derivative that allows retail investors to speculate on interest rates in a brand-new way. The Pendle team is working on this, and its Boros protocol has quickly gained attention.