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Singapore, Singapore, July 2nd, 2024, Chainwire
SynFutures, the onchain perp protocol for itemizing and buying and selling any asset, is now reside on Coinbase (NASDAQ:)’s L2 community Base. Customers can now commerce and supply liquidity on SynFutures V3 by way of Base whereas incomes SynFutures’ Oyster Odyssey (O_O) factors.
Moreover, SynFutures will launch a collection of recent listings over the following a number of weeks as a part of Meme Perp Summer season. a six-week marketing campaign blitz to develop neighborhood asset listings and reward meme communities on Layer 2.
SynFutures’ multichain enlargement to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative buying and selling quantity in lower than 4 months, cementing it as the highest perpetual DEX throughout all chains and some of the lively DeFi dApps in Web3. With its industry-leading Oyster AMM, which mixes a concentrated liquidity mannequin and an onchain orderbook, SynFutures goals to convey the final word onchain futures and perps expertise for any asset to the Base ecosystem.
Launch Companions and Meme Perp Summer season
SynFutures has teamed up with among the high initiatives within the area, itemizing tokens from SocialFi big Degen and Web3 gaming protocol Iskra, amongst others, to kick off Meme Perp Summer season.
Among the many new asset pairs are:
$DEGEN/WETH$CHOMP/WETH $BOOMER/WETH$ISK/WETHIn addition to standard memecoins, SynFutures will checklist liquid staking derivatives (LSD) belongings and liquid staking tokens (LRTs), essential in bringing liquidity and natural yield to the onchain area.
Listed LSD and LRT asset pairs embrace:
wstETH/ETH from LidoweETH/ETH from ether.fiwrsETH/ETH from Kelp DAOSynFutures is using Chainlink, a decentralized blockchain oracle community, to offer integral value oracle infrastructure for our deployment on Base.
Payment Promotion for Main Asset Pairs
As a part of Meme Perp Summer season, SynFutures is launching a limited-time promotion throughout all networks on main pairs, such because the BTC and ETH pairs. Beginning on July 1, 2024, SynFutures workforce is decreasing the buying and selling (taker) price for main pairs from 3 foundation factors (bps) to only 2 bps.
Moreover, to simplify the buying and selling expertise, all merchants will take pleasure in the advantages of the highest-level VIP price throughout this promotional interval.
Growth of Oyster Odyssey Factors
SynFutures additionally reaffirms to Blast customers that the O_O factors gained in the course of the Blast Season is not going to be diluted by the Base launch. The general pool has been elevated. Rewards distributed on Base might be separate from and along with these on Blast.
About SynFutures
SynFutures is a decentralized perpetual futures protocol that facilitates open and clear buying and selling on any belongings and listings immediately. The V3 Oyster AMM launched the {industry}’s first-ever unified AMM and Permissionless Onchain Orderbook. Backed by high traders like Pantera, Polychain, Commonplace Crypto, Hashkey, and extra, SynFutures has processed greater than $100 billion in buying and selling quantity since its launch in 2021.
Customers can study extra by visiting: Web site | YouTube | X | Discord | Telegram | Github
ContactMark Leemark.lee@synfutures.com
This text was initially printed on Chainwire
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