SynFutures Q3 Trading Volume Exceeds $150 Million on Base Network

SynFutures Achieves Remarkable Trading Volumes on Base Network

According to BlockBeats, SynFutures has made headlines with its substantial trading volumes on the Base network during the third quarter of this year. Recent data from Defillma reveals that the daily average trading volume for SynFutures on Base has exceeded a staggering $150 million. Furthermore, the trading volume in the past 24 hours alone has surpassed $200 million, showcasing the platform's thriving trading ecosystem.

Leading the Way in Base Derivatives Market

Since its inception, SynFutures has consistently commanded the top spot in the Base derivatives market, establishing itself as one of the most active ecosystems on this promising platform. The growing popularity of SynFutures can be attributed to its innovative features and outstanding performance.

Introduction of Vault Functionality

In an effort to further enhance user experience, SynFutures has launched the Vault function on Base. This functionality allows users to seamlessly provide single-currency liquidity pool (LP) with just a click, enabling them to earn liquidity income, platform transaction fees, and points rewards. This streamlined process is crafted to make liquidity provision simpler and more rewarding for users.

SynFutures: A Major Player in On-Chain Derivatives

SynFutures is rapidly gaining recognition as one of the largest on-chain derivatives trading markets. Since the successful launch of its mainnet in March, the cumulative trading volume has skyrocketed, exceeding $170 billion. This remarkable figure highlights the platform's considerable share in the derivatives market across both the Base and Blast networks.

Support from Industry Leaders

Recently, SynFutures announced that it secured an impressive $38 million in financing from several prominent industry institutions, including Pantera, Polychain, Dragonfly, and Standard Crypto. This investment is a testament to SynFutures' potential in the rapidly evolving crypto landscape.

Ensuring Security and Trust

Additionally, SynFutures has successfully passed the rigorous Quantstamp audit, further bolstering its reputation as a trustworthy platform. This milestone is crucial for users seeking a secure and reliable environment for their derivatives trading activities.

Conclusion

In conclusion, SynFutures continues to set new standards in the derivatives trading sector. With its impressive trading volumes on the Base network, introduction of innovative features like the Vault function, and robust financial backing from industry leaders, SynFutures is poised for ongoing growth and success in the dynamic landscape of on-chain trading.