Boros by Pendle

Boros is a yield-trading platform on margin by Pendle. It enables trading of funding rates from various sources — including off-chain funding rates from centralized exchanges — and may expand to further yield categories.

Boros extends Pendle’s yield-trading thesis into leveraged yield markets. Margin, liquidation, and directional yield exposure compound the complexity: every one of those concepts has to be legible the moment a user opens a position.

Funding rates are the periodic payments that keep perpetual markets tethered to spot. Boros turns those rates into something you can trade directly — going long or short the rate itself, with leverage. Because positions are margined, gains and losses are amplified, and a position can be liquidated if the rate moves against it.

That layering is what made it hard: leverage and liquidation risk stacked on an already-abstract idea. The experience had to keep users oriented while several fast-moving variables interact.

• Funding rates as a tradable, directional instrument — unfamiliar to most users.

• Margin and leverage that amplify both outcome and risk.

• Liquidation thresholds that must be visible before, not after, they bite.

• Long vs. short yield exposure and overall market structure.

I designed the trading flows, screens, and data visualization so users can read their position, margin, and risk at a glance — and act with a clear sense of the downside.

Beyond the app, I designed and shipped the Boros landing page — the page that turns a visitor’s first impression into an open position, and gives partners and press their reference point.

The same care extends to marketing: the cosmic serpent key visual I directed for launch carries through campaign art and social — one image system a viewer recognizes as Boros wherever it shows up.

The brand direction, app UI, landing page, and documentation hub share one coherent system — giving a leveraged trading product the clarity and credibility users need to commit capital.

To keep that language alive beyond my own hands, Boros gets its own canvas — the same design tool I built for Pendle, stocked with a Boros-style asset library so anyone on the team can compose visuals that stay on brand by default.