BlockBeats reported on May 24, 2024, that according to CoinGecko data, SynFutures achieved a staggering $1.78 billion** in 24-hour trading volume. Notably, its ETH-PERP pairs contributed over **$1.1 billion, securing the top position among Perp DEX platforms like Hyperliquid.
Key Metrics and Growth Highlights
- Total Trading Volume: Since its March mainnet launch, SynFutures has processed $64 billion in cumulative trades.
- Total Value Locked (TVL): Exceeds $70 million, reflecting strong liquidity.
- User Activity: Nearly 3 million transactions executed, capturing 80% of Q1 derivatives trading volume on Blast.
Funding and Security
SynFutures raised $38 million from leading investors, including Pantera Capital, Polychain, and Dragonfly. The protocol underwent a Quantstamp audit, ensuring robust security.
👉 Explore SynFutures’ latest trading rewards
Upcoming Rewards Campaign
On May 28 at 4 PM Beijing Time, SynFutures launches a new incentive program offering:
- Blast Points
- Blast Gold
- SynFutures Points
Users earn rewards via liquidity provision and trading.
FAQs
Q: What makes SynFutures competitive among Perp DEXs?
A: SynFutures leads with high liquidity, low latency, and multi-asset support, backed by top-tier VC funding.
Q: How does the rewards program work?
A: Trade or provide liquidity to earn triple incentives (Blast Points, Gold, and SynFutures Points).
Q: Is SynFutures audited?
A: Yes, by Quantstamp, a renowned blockchain security firm.
👉 Start trading on SynFutures today
Conclusion
SynFutures’ rapid growth underscores its innovation in decentralized derivatives. With $1.78B daily volume and strategic rewards, it’s a top choice for traders seeking leveraged exposure.