Pear Protocol launches on Hyperliquid and raises $4.1M to expand its DeFi-native pair trading platform and tools.

Pear Protocol is a DeFi platform built on Arbitrum, enabling on-chain pair trading with leverage. With Pear, users can go long or short on asset pairs in a single transaction while maintaining ...

Funding rates are charged every eight hours. "BNB is being heavily shorted," Huff Haus, co-founder of Pear Protocol, said, referring to the deeply negative funding rates.