TechFlow, September 12 — According to an official announcement, Boros, a platform under Pendle, has officially launched the Hyperliquid market, enabling users to trade funding rates for BTCUSD and ETHUSD. Initially, the open position limit for BTC is set at 15 million with a treasury cap of $25,000; for ETH, the open position limit is 20 million with a treasury cap of $30,000. Due to the high volatility of Hyperliquid funding rates, this new market will provide traders with cross-exchange arbitrage opportunities, particularly as ETH funding rates on Hyperliquid are typically higher than those on Binance.
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