SynFutures Achieves Over $150 Million Average Daily Trading Volume in Q3
SynFutures has reported impressive trading activity on the Base network for the third quarter, as noted by BlockBeats. According to data from Defillma, the average daily trading volume for SynFutures exceeded $150 million, with recent figures indicating that trading in the last 24 hours surpassed $200 million. Since its inception, SynFutures has maintained its position as the leading player in the Base derivatives market, making it one of the most vibrant ecosystems on the platform. The introduction of the Vault feature allows users to easily provide single-currency liquidity, enabling them to earn income from liquidity provision, transaction fees, and rewards points.
Recognized as a major on-chain derivatives trading market, SynFutures has seen its cumulative trading volume exceed $170 billion since its mainnet launch in March. This figure highlights its substantial presence in the derivatives markets across both the Base and Blast networks. The platform also recently announced securing $38 million in funding from notable industry investors, including Pantera, Polychain, Dragonfly, and Standard Crypto, with the funding agreement successfully passing the Quantstamp audit.