PANews reported on July 2 that users can now trade perpetual contracts for assets such as DEGEN, wstETH, CHOMP, ISK, BOOMER, weETH, and wrsETH on the Base network through SynFutures, while enjoying a transaction fee of 0.02% (for mainstream currency pairs). Combining the Base ecological culture and its own permissionless listing system, SynFutures simultaneously launched Meme Perp Summer to support the development of Meme projects in the Base ecosystem and provide users with more trading and mining opportunities.
According to Defillma data, SynFutures currently has more than 155,000 users, more than 4.6 million transactions, and a total transaction volume of more than 107 billion US dollars, making it one of the derivatives markets with the largest transaction volume, the most frequent trading activities, and the most active users. SynFutures previously announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit. Its Oyster AMM supports centralized liquidity similar to UniSwap V3, while also supporting limit order market making; and allows anyone to use any token as margin at any time, and the entire listing process can be completed within 30 seconds.
