About SynFutures

SynFutures is an upcoming derivatives protocol, currently in V1 Closed Alpha phase. The team is a combination of crypto natives and Wall Street top guns, with the idea to build a solid infrastructure for future DeFi derivatives on Ethereum and other L2/side chains. In June 2021, SynFutures announced $14mn Series A funding led by Polychain Capital with participation from Framework, Pantera Capital, Bybit, Wintermute, CMS, Kronos, and IOSG Ventures. Earlier 2021, it announced a seed round backed by Dragonfly Capital and Standard Crypto.

Visit the official website to register for 💻V1 Closed Alpha early access or follow us…

About SynFutures

SynFutures is an upcoming derivatives protocol, currently in V1 Closed Alpha phase. The team is a combination of crypto natives and Wall Street top guns, with the idea to build a solid infrastructure for future DeFi derivatives on Ethereum and other L2/side chains. In June 2021, SynFutures announced $14mn Series A funding led by Polychain Capital with participation from Framework, Pantera Capital, Bybit, Wintermute, CMS, Kronos, and IOSG Ventures. Earlier 2021, it announced a seed round backed by Dragonfly Capital and Standard Crypto.

Visit the official website to register for 💻V1 Closed Alpha early access or follow us…

SynFutures Traders Quest Launched 💻

We’re extremely excited to let everyone know that we’ve recently wrapped up a fantastic AMA session with the Polygon team! For those of you who were able to attend, we hope you were able to gain valuable insights and information from the event.

Before we dive into the recap, we want to remind everyone to sign up and participate in our new quest via the criteria below:

• Sign up for our Closed Alpha via the sign-up process on our website
• Follow us on our official Twitter handle
• Join our Discord community
• Trade any futures contract…

Automated market makers (AMMs) have become a popular means of choice for decentralized crypto trading. Their growth has drastically increased over the past few years, and they’ve now officially cemented themselves as big contenders in the digital asset trading world.

Many crypto retail and professional traders prefer using AMMs because they offer an attractive alternative to the centralized exchange model, where there are various permissions and a lack of anonymity. But these traditional AMMs have been built only for spot trading, without the ability to handle what everyone these days is really hungry for — crypto derivatives.

First ever in…

We are pleased to announce that we have successfully raised $14M through our Series A funding round. This is our latest investment round that follows our January $1.4 Million seed round from Dragonfly Capital and Standard Crypto, bringing the project’s total funding to $15.4 million.

The funding round was led by a star-studded list of institutional, individual, and project investors that include:

• Polychain Capital
• Framework
• Pantera Capital
• Bybit
• Wintermute
• CMS
• Woo
• IOSG Ventures

Investment to Help Accelerate SynFutures Development

This new funding will help us gear up for the mainnet launch that will give our users and any other interested party a chance to list and…

The wait is over

Trade Futures. Anything. Anytime.

SynFutures is excited to officially launch the 🔥Closed Alpha🔥 for our freshly-designed decentralized futures exchange. Participants are limited — get early access HERE to be in the first batch of early community members to support us and gain potential advantages in future campaigns.

Key features:

• ⌚️List any asset within 30 seconds: Want to hedge some hot tokens but can’t find their corresponding derivatives in the DeFi or CeFi worlds? Then have no fear — list them on SynFutures in 30 seconds (literally)!
• 💰Single-token LP: You can use one token to provide liquidity with a single click;
• …

After we settled on the idea of building an open and trustless derivative market, the next question is how such market can be built on-chain, where gas price might be high or proper price oracle might be missing. The mission becomes more challenging when we want to protect our users from various DeFi attacks, including the infamous flash loan hack, by introducing the widely adopted practices in the traditional financial market. In this blog post, we share with our readers the architecture of SynFutures@v1 and our thoughts behind the design.

Challenges with futures exchange

Compared with the battle-tested spot DEX Uniswap V2, SynFutures@v1 is…

When we set out to contemplate the ideas that eventually turned into SynFutures, we have brainstormed and debated a lot of topics. We will share those topics in a series of medium posts and in this first post, we discuss our view on decentralized derivative products in the perspective of our vision to create an open and trustless derivative market.

📈 A Gap to Fill

According to TokenInsight data, 2020 trading volumes in centralized crypto exchanges amounts to $21 trillion for spot, $12 trillion for futures and $77.2 billion for options. For the top three exchanges, Binance, Huobi and OKEx, derivatives daily trading volumes are…