The leading derivatives protocol in the $SUI ecosystem has seen a significant increase. Has a new sector rotation already begun?

The new model of HYPE public chain has re-elevated the market's valuation expectations for the derivatives track. Judging by the performance of the token prices, the trend is extremely strong, indicating that the popularity of this track remains high. Similarly, the launch of Blue in the SUI ecosystem has also shown a similar trend—strong upward movement after opening, continuing the market's enthusiasm for new projects.

Next, it's worth paying attention to SynFutures, the leading derivatives protocol on the Base chain.

From a fundamental perspective, it is performing quite robustly. Its business data is impressive: in the past month, the combined protocol revenue of the Base and Blast networks reached 6 million USD, with the Base network contributing over 4 million USD. As shown in the latest chart I captured, this track undoubtedly has a strong capital attraction.

From the chip structure perspective, the claiming rate of airdropped tokens has exceeded 80%, and from the K-line trend, the selling pressure from the airdrop has basically been released. Even more noteworthy is that there are no new token unlocks for this project in the next six months, which somewhat reduces the selling pressure risk in the circulating market. Combining its excellent business performance and data support, this trend is expected to continue to positively impact token prices, making it a worthwhile investment opportunity to explore!