💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
The TVL of Pendle reached a record of 8.3 billion USD after the launch of the Boros platform.
The Pendle protocol has just launched a new yield trading platform called Boros, allowing traders to go long or shorts on funding rates. Since its launch, Boros has quickly attracted a significant amount of deposits and trading activity.
Thanks to the boost from Boros, the total value locked (TVL) of Pendle has reached a record level of $8.363 billion, while the price of PENDLE tokens increased by 45% over the past week, reaching $5.6.
Boros turns these yield amounts into tradable on-chain assets, called Yield Units (YU), allowing investors to bet directly on interest rate fluctuations. This platform supports various advanced strategies, such as converting floating interest rates into fixed rates for risk hedging, or locking in high yields during periods of high volatility.
In just the first two days of operation, Boros attracted over 283 WETH ( approximately 1.1 million USD) and 6.4 WBTC ( approximately 750,000 USD) into the vaults.
On the Arbitrum network, Pendle's activity has also surged, with the number of active wallets reaching 1,428, well above the average for the month. The number of buyers and sellers on DEX exchanges has increased significantly, according to data from TheTie.
Currently, Boros supports the funding interest rates of BTC and ETH, but will soon expand to other floating yield types, such as staking rewards and tokenized treasury bonds.
The growth of Pendle is also supported by the Hyperliquid ecosystem. Last month, Pendle integrated with Hyperliquid, helping the largest liquidity staking token on HyperEVM – Kinetiq's kHYPE – attract 221 million USD TVL.
In the past week, PENDLE has significantly outperformed the overall cryptocurrency market, with the Top 20 only increasing by 13.15%.
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