SynFutures, a decentralized derivatives exchange, is making waves with its new foundation and governance token, the F Token. The platform, which launched its Oyster AMM a year ago, aims to democratize derivatives trading by offering a wide range of trading pairs—currently 330—and has achieved a cumulative trading volume of $235.1 billion. Despite a drop in total value locked from $44.3 million in Q1 to $26.5 million in Q3, SynFutures is pushing forward with its ambitious plans. The F Token, an ERC-20 token, will roll out 10 billion tokens by 2028, with details on governance and staking incentives to follow. Backed by major VCs like Pantera Capital, SynFutures raised $22 million in its recent Series B round, further solidifying its market presence.