Yesterday, the leading protocol of derivatives in the SUI ecosystem surged. Since the new sector rotation?
The new model of HYPE's public chain has raised the market value expectation of the derivatives track again. From the perspective of coin prices, it looks strong, indicating that the popularity of this track remains high. The launch of Blue in the SUI ecosystem is also like this; it opened strong and has been pulling up. I reminded everyone of the specific position when it opened yesterday, and now it has also gained dozens of points.
Next, you can pay attention to SynFutures, @SynFuturesDefi, the leading derivatives protocol on the Base chain.
From a fundamental perspective, it looks quite stable, and the business data has also been impressive lately. The protocol revenue from the Base and Blast networks in the past month has reached 6 million USD, with over 4 million USD coming from the Base network, as shown in the latest screenshot I captured. This direction is indeed very attractive for capital.
From the perspective of chips, more than 80% of the previously claimed airdrops have been distributed. From the candlestick perspective, the selling pressure from the airdrops has basically dissipated. What's even more noteworthy is that there will be no new unlocked tokens in the next six months, which reduces the circulation selling pressure to some extent. The business height and data are both good, and there is hope that the price will benefit from the trending market!
You can start paying attention!
