[Coin World] PENDLE achieved a good report card in early December - officially entering the Bloomberg Galaxy DeFi Index. This timing is quite interesting.
Arthur Hayes recently threw out a point in “Adapt or Die”: traditional financial institutions are desperately clinging to their territory in stock trading, but stock tokenization is only a matter of time. However, he mentioned a more realistic situation—the stock perpetual contracts have already started to gain momentum, with daily trading volume surpassing $100 million.
With this momentum, once market makers and traders get the hang of the contract mechanics, a daily trading volume exceeding 1 billion is just a matter of time. More crucially, this will become a hard currency for weekend hedging, needed by both institutions and retail investors. Those old exchanges in the U.S. are likely to struggle to keep up, and the 7x24 trading model may indeed be put on the agenda.
The Pendle team has been moving quickly in the area of interest rate derivatives. Their Boros protocol has already started to attract attention, providing retail investors with new tools for interest rate speculation. This track indeed has potential for imagination.
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ChainWatcher
· 8h ago
The daily trading volume of perpetual stocks has exceeded 100 million. Traditional exchanges must be in a panic now... Pendle entering the Bloomberg index is quite interesting, it seems this wave of derivation is really unstoppable.
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TestnetScholar
· 8h ago
Wow, PENDLE being selected for the Bloomberg Index is no small matter, I feel like I underestimated it before...
The average daily volume of stock contracts has broken 100 million, this number is rising quite rapidly... Institutions are really starting to pay attention.
Hayes is right, traditional exchanges will have to change sooner or later, if they don't, they can just wait to be beaten.
Pendle has indeed positioned itself well in the derivation space, moving several steps ahead of other projects.
Being able to trade on weekends is truly a game changer for retail investors, no more waiting for Monday.
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ILCollector
· 8h ago
Bloomberg Index boosts stock perpetual daily trading surpassing 100 million. Goodness, TradFi is really going to panic.
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LiquidatorFlash
· 8h ago
The daily trading volume of 100 million is just getting started, and once the leverage rate is opened, the liquidation risk will rise sharply, don't just look at the numbers.
As for stock perpetual futures... how well is the risk control mechanism designed? Will the collateral rate threshold trigger keep up?
It's true that PENDLE entering the index is favorable information, but the derivatives market has a common problem – when volatility is high, it often leads to explosions. It's good to be optimistic, but you must keep a close eye on the lending positions.
24/7 trading indeed changes the rules, but the problem is that retail investors are the most likely to be played for suckers on weekends.
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WhaleStalker
· 8h ago
It is true that the stock Perptual Futures have exceeded one billion, but don't overestimate Wall Street's reaction speed; these people have been holding on for a hundred years.
PENDLE selected for Bloomberg DeFi Index, daily trading volume of perpetual futures exceeds 100 million USD.
[Coin World] PENDLE achieved a good report card in early December - officially entering the Bloomberg Galaxy DeFi Index. This timing is quite interesting.
Arthur Hayes recently threw out a point in “Adapt or Die”: traditional financial institutions are desperately clinging to their territory in stock trading, but stock tokenization is only a matter of time. However, he mentioned a more realistic situation—the stock perpetual contracts have already started to gain momentum, with daily trading volume surpassing $100 million.
With this momentum, once market makers and traders get the hang of the contract mechanics, a daily trading volume exceeding 1 billion is just a matter of time. More crucially, this will become a hard currency for weekend hedging, needed by both institutions and retail investors. Those old exchanges in the U.S. are likely to struggle to keep up, and the 7x24 trading model may indeed be put on the agenda.
The Pendle team has been moving quickly in the area of interest rate derivatives. Their Boros protocol has already started to attract attention, providing retail investors with new tools for interest rate speculation. This track indeed has potential for imagination.