The Good Tech Companies - SynFutures V3 Goes Live On Base, Launches Meme Perp Summer
Episode Date: July 2, 2024This story was originally published on HackerNoon at: https://hackernoon.com/synfutures-v3-goes-live-on-base-launches-meme-perp-summer. Additionally, SynFutures will rel...ease a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand comm Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #synfutures, #chainwire, #press-release, #synfutures-announcement, #layer-2-rollups, #perpetual-dex, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in less than four months. Users can now trade and provide liquidity on SynFuture V3 via Base while earning Oyster Odyssey (O_O) points. The V3 AMM launched the industry's first unified AMM and Permissionless Onchain Orderbook.
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Sin Futures V3 goes live on base, launches meme perk summer, by Chainwire.
Singapore, Singapore, July 2, 2024, Chainwire, asterisk asterisk Sin Futures,
the on-chain perk protocol for listing and trading any asset,
is now live on Coinbase's L2 network base. Users can now trade and provide
liquidity on SinFutures V3 via base while earning SinFutures Oyster Odyssey O underscore O points.
Additionally, SinFutures will release a series of new listings over the next several weeks as
part of Meme Perp Summer. A six-week campaign blitz to expand community asset listings and
reward meme communities on
Layer 2. SynFutures' multi-chain expansion to base comes as SynFutures' V3 on blast surpasses
$100 billion in cumulative trading volume in less than four months, cementing it as the top
perpetual DEX across all chains and one of the most active DeFi DAPPs in Web3. With its industry-leading
Oyster AMM, which combines a concentrated liquidity model
and an on-chain order book, SynFutures aims to bring the ultimate on-chain futures and
perps experience for any asset to the base ecosystem. Launch partners and meme perp Summer
SynFutures has teamed up with some of the top projects in the space, listing tokens from social
FI giant Degen and Web3 gaming protocol Iskra, among others,
to kick off meme perp summer. Among the new asset pairs are, $Degon, Weth, $Chomp, Weth,
$Boomer, Weth, $ISK, Weth. In addition to popular meme coins, Sin Futures will list
liquid staking derivatives, LSD, assets and liquid staking tokens, LRTs, crucial in bringing
liquidity and organic yield to the on-chain space. Listed LSD and LRT asset pairs include
WSTETH, ETH from Lido, WEETH, ETH from Ether.fi, WRSETH, ETH from KelpDAO.
SYN Futures is utilizing Chainlink, a decentralized blockchain oracle network,
to provide integral price oracle infrastructure for our deployment on base.
Fee promotion for major asset PAIRSAs part of MemePerp Summer.
SYNFUTURES is launching a limited-time promotion across all networks on major pairs,
such as the BTC and ETH pairs. Starting on July 1,
2024, SYN Futures team is reducing the trading, taker, fee for major pairs from three basis points
BPS to just 2 bits per second. Additionally, to simplify the trading experience,
all traders will enjoy the benefits of the highest-level VIP fee during this promotional period. Expansion of Oyster Odyssey Points SYN Futures also reaffirms to Blast users that the
O underscore O points gained during the Blast season will not be diluted by the base launch.
The overall pool has been increased. Rewards distributed on base will be separate from and
in addition TOTHOs on Blast. About SFutures SinFutures is a decentralized perpetual futures protocol that facilitates open and transparent
trading on any assets and listings instantly. The V3 Oyster AMA launched the industry's first
ever unified AMM and permissionless on-chain order book. Backed by top investors like Pantera,
Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $100 billion in trading volume since its launch in 2021.
Users can learn more by visiting.
Website, YouTube, X, Discord, Telegram, GitHub
Contact Mark Leemark.Lee at SynFutures.com
Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging
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