SynFutures: Revolutionizing Decentralized Derivatives Trading with Innovation and Accessibility

Everything you need to know about SynFutures

When DeFi emerged in early 2020, it was still in its infancy, with TVL under one billion dollars for most of the year. However, as the space rapidly expanded, fueled by early protocols like Curve, Uniswap, and Aave, the world began to recognize the transformative power of decentralized finance and the empowerment it offered individuals.

This promise of decentralization inspired the creation of SynFutures, a protocol designed to democratize global finance by lowering barriers and creating a permissionless derivatives market. Launched in 2021, SynFutures has made significant strides in the past few years, developing a robust decentralized protocol, a comprehensive financial infrastructure, and building a strong community that shares its vision for the future of finance.

SynFutures (F/USDT) listed under the “Popular” section of Coinstore on December 6,with the highest increase of 2400%.

What is SynFutures?
SynFutures is a decentralized platform revolutionizing the derivatives market by making it open and accessible to all. By leveraging a trustless infrastructure, SynFutures allows users to trade and create futures contracts with ease, offering support for a wide range of assets linked to reliable price feeds. Its innovative Synthetic Automated Market Maker (sAMM) model simplifies liquidity provision, enabling users to create new trading pairs by supplying just one asset.

Focused on democratizing derivatives trading, SynFutures aims to bridge the gap between traditional finance and DeFi. By expanding accessibility to derivatives markets — previously dominated by professionals and institutions — SynFutures opens up vast opportunities for retail investors while fostering greater inclusivity in decentralized finance.

What are the highlights of SynFutures?
In the ever-evolving landscape of DeFi, SynFutures stands out as a revolutionary platform reshaping derivatives trading. By leveraging its permissionless and user-friendly approach, SynFutures opens access to sophisticated financial tools traditionally dominated by institutions. Combining cutting-edge innovations like the Synthetic AMM model and support for diverse assets, the platform bridges the gap between traditional finance and the emerging crypto economy, democratizing opportunities for traders worldwide.Here are the highlights of SynFutures:

Open and Permissionless Derivatives Market
SynFutures allows anyone to create and trade derivatives on arbitrary assets with customizable trading pairs and maturities, democratizing access to complex financial tools.

Synthetic Automated Market Maker (sAMM)
Its innovative sAMM model simplifies liquidity provision, enabling users to create trading pairs with just one asset, improving accessibility and flexibility.

Wide Asset and Oracle Support
Initially supporting ETH, USDC, USDT, and DAI with price oracles like Uniswap and Chainlink, SynFutures aims to expand to any asset with a price feed.

Hash Rate Futures
Pioneering on-chain securitization of parameters, SynFutures introduces hash rate futures contracts, opening new opportunities for decentralized trading.

Market Opportunity
By targeting the $560 trillion traditional derivatives market and leveraging DeFi growth, SynFutures taps into a massive untapped potential for crypto derivatives.

Democratizing Finance
SynFutures empowers retail investors by providing tools traditionally reserved for institutions, bridging the gap between traditional finance and DeFi.

These features position SynFutures as a game-changer in the DeFi space, aiming to reshape the derivatives trading landscape.

F Token
The F token empowers the SynFutures community to actively participate in platform governance and shape the ecosystem’s future. Token holders gain voting rights by staking their tokens, enabling them to influence proposals like feature integrations, risk adjustments, and strategic initiatives. Additionally, F tokens provide tangible benefits such as enhanced incentives for future airdrops, fee discounts, and potential rewards, encouraging long-term engagement. As the ecosystem evolves, the SynFutures Foundation aims to introduce more use cases and utilities, further enriching the value of the F token within the platform.

The allocation is like below:

Community — 28.5%

Backers & Advisors — 23.5%
Foundation Treasury — 25.0%
Core Contributors — 15.0%
Protocol Development — 5.0%
Liquidity — 3.0%

Team and Financing Background

SynFutures is led by a seasoned team with extensive experience in both traditional finance and blockchain technology. The team’s expertise spans derivatives trading, decentralized finance (DeFi), and blockchain development, ensuring a robust foundation for the platform’s growth. Their collective vision is to democratize access to derivatives trading through permissionless, user-friendly infrastructure that empowers retail investors globally.

SynFutures has successfully attracted significant funding from prominent investors in the blockchain and DeFi sectors. In June 2021, it raised $14 million in a Series A funding round led by Polychain Capital, with participation from Framework Ventures, Pantera Capital, Wintermute, and others. This funding underscores the strong investor confidence in SynFutures’ potential to revolutionize the derivatives market in the decentralized economy.

SynFutures’ focus on innovation, coupled with its experienced team and solid financial backing, positions it as a key player in the DeFi derivatives ecosystem.

Conclusion

Looking ahead, SynFutures has the potential to become a leader in the decentralized derivatives market. As blockchain technology continues to evolve and DeFi gains wider adoption, SynFutures’ innovative model and open platform will further drive the mainstream acceptance of crypto derivatives. In the future, SynFutures plans to expand the range of asset pairs available for trading, enhancing the platform’s liquidity and diversity, while strengthening its community governance structure to ensure decentralized and transparent growth. As global regulatory frameworks mature, SynFutures is poised to attract more retail investors to the derivatives market, offering them a safer and more efficient trading experience. It is clear that SynFutures will continue to lead innovation, driving the development of the decentralized finance ecosystem and bringing revolutionary changes to the crypto derivatives market.