SynFutures gained about 50% market share in Base derivatives market in Q3 and announced the launch of Vault product line

BlockBeats news, on September 30, according to Defillma data, SynFutures Q3 daily average trading volume on Base exceeded 150 million US dollars, and the trading volume in the past 24 hours exceeded 200 million US dollars. Since its launch, it has been ranked first in the Base derivatives market and is currently one of the most active ecosystems on Base. At the same time, SynFutures has launched the Vault function on Base, and users can provide single-currency LP with one click to earn liquidity income, platform transaction fees and points rewards.

SynFutures is currently one of the largest on-chain derivatives trading markets. Since the launch of the mainnet in March, the cumulative trading volume has exceeded 170 billion US dollars, accounting for most of the derivatives market share of the Base and Blast networks. SynFutures previously announced that it had received US$38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit.