SynFutures gained about 50% market share in Base derivatives market in Q3 and announced the launch of Vault product line
PANews, September 30 news, according to defillama data, SynFutures has obtained about 50% of the market share of the Base network derivatives market in Q3, with an average daily trading volume of over $150 million, and a trading volume of over $200 million within 24 hours, becoming the most active derivatives platform in the Base ecosystem. In addition, SynFutures announced the launch of the Vault product line, where users can provide single-currency liquidity to earn liquidity rewards, platform trading fees, and point rewards. Since its launch in March, SynFutures has accumulated a trading volume of over $170 billion and has a dominant position in the Base and Blast networks, and has passed the Quantstamp security audit. SynFutures previously announced that it has raised $38 million in funding from top-tier industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto.
