DeFi· ★★· neutral·

Pendle says no Binance exposure, V2 and Boros operating normally

  • —Pendle confirmed V2 and Boros are running as usual
  • —Both products are non-custodial, user funds unaffected
  • —Boros uses Binance funding rates as a settlement reference but holds no funds on the exchange
Why it matters: Another DeFi protocol has confirmed it has no link to the Binance hack, easing fears of contagion across onchain credit markets.
Source: TokenPost