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Boros Increases Market Cap and Leverage Ratio
Summary: According to official announcement, Boros has adjusted its trading parameters. The ETH market cap has been raised from $40 million to $50 million, and the treasury size has increased from $160,000 to $200,000. At the same time, the maximum leverage ratio for BTC and ETH markets has been increased from 1.9x to 3x. The maintenance ...
According to official announcement, Boros has adjusted its trading parameters. The ETH market cap has been raised from $40 million to $50 million, and the treasury size has increased from $160,000 to $200,000.
At the same time, the maximum leverage ratio for BTC and ETH markets has been increased from 1.9x to 3x. The maintenance margin ratio has also been adjusted from the previous 50% initial margin to 66.7%.
The announcement stated that this adjustment aims to improve capital efficiency while strengthening risk management. As of three weeks after launch, Boros platform has achieved an open contract size of $47 million and a total nominal trading volume of $287 million.