SynFutures V3 Goes Stay on Base, Launches Meme Perp Summer time

Singapore, Singapore, July 2nd, 2024, Chainwire

SynFutures, the onchain perp protocol for itemizing and buying and selling any asset, is now stay 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 subsequent a number of weeks as a part of Meme Perp Summer time. 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 last word onchain futures and perps expertise for any asset to the Base ecosystem.

Launch Companions and Meme Perp Summer time

SynFutures has teamed up with a few of the high tasks within the area, itemizing tokens from SocialFi big Degen and Web3 gaming protocol Iskra, amongst others, to kick off Meme Perp Summer time.

Among the many new asset pairs are:

• $DEGEN/WETH
• $CHOMP/WETH
• $BOOMER/WETH
• $ISK/WETH

Along with well-liked memecoins, SynFutures will record 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 embody:

• wstETH/ETH from Lido
• weETH/ETH from ether.fi
• wrsETH/ETH from Kelp DAO

SynFutures is using Chainlink, a decentralized blockchain oracle community, to offer integral value oracle infrastructure for our deployment on Base.

Charge Promotion for Main Asset Pairs

As a part of Meme Perp Summer time, 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 lowering the buying and selling (taker) payment for main pairs from 3 foundation factors (bps) to simply 2 bps.

Moreover, to simplify the buying and selling expertise, all merchants will get pleasure from the advantages of the highest-level VIP payment throughout this promotional interval.

Growth of Oyster Odyssey Factors

SynFutures additionally reaffirms to Blast customers that the O_O factors gained throughout 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, Customary 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 revealed on Chainwire