Pendle highlighted an average annual percentage rate (APR) of about 38% for the 0x87c token over a 3.5-month period, clarifying that this APR is annualized and does not mean a 38% gain during that short timeframe. The discussion focused on perpetual-futures funding rates, which are payments exchanged between traders holding opposite positions and can vary across trading venues. Additionally, Pendle introduced Boros markets for Bitcoin (BTC) and Ether (ETH) on October 15, which are based on funding rate differences between the Hyperliquid and Gate platforms. These Boros markets are a separate initiative from the 0x87c APR example, indicating Pendle's ongoing efforts to innovate in digital asset trading.
The story on Pendle's cited 38% average APR for the 0x87c token over 3.5 months is presented here with Pluang's market data for context. For readers following major cryptocurrencies on Pluang as of Oct 21, 2026 00:22 WIB: 44 of 50 major cryptocurrencies rose today while 5 fell. Notable price changes include THETA up 18.49% at Rp3.992 with 100% sell order activity, BAT up 14.28% at Rp3.706 with 84% sell orders, and BAL up 11.14% at Rp16.297 with a typical hold time of 85 days.
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