What are the highlights of SynFutures for the Meme market?

Author: Haotian

Perhaps because the airdrop effect of @HyperliquidX is too eye-catching, the expectations of @SynFuturesDefi, which is about to launch an airdrop in the same track, are also full. The decentralized derivatives trading platform has become a sunrise track full of opportunities.

So, what is the logic driving this wave of DEX dividend market? What is the entry point of SynFutures to provide contract trading opportunities for early MEME coins? Briefly talk about your views:

1) DEX growth dividends started from DeFi Summer, and then suffered a heavy blow due to the regulatory suppression of a series of privacy coins. In the past year, it has been reactivated by the influence of inscriptions + runes and this wave of AI MEME.

It is visible to the naked eye that the on-chain formats of DEX are gradually enriching and becoming more complete. The on-chain DEX liquidity depth, population coverage, application scenario categories, etc. are all becoming more abundant, such as order book DEX, AMM+ order book hybrid DEX, Yield aggregation trading strategy, derivatives innovation, etc.

This is a market dividend period driven by the growth trend of DEX. Although there is still a gap from the huge user base of CEX, the competitive advantage and growth potential of DEX cannot be underestimated;

2) The dYdX and HyperLiquid that we are more familiar with are both order book trading mechanisms. The main service scenarios are often limited to mainstream large currencies with mature market maker operation support and a stable customer base on the chain. Only in this way can there be a smooth order book trading experience.

DEXs with AMM mechanisms such as GMX and GNS have solved a large part of the on-chain transaction needs through GLP's unique liquidity mechanism and innovative token model design;

However, with the increasing complexity of the on-chain DEX ecosystem, such as the emergence of MEME coins in seconds, more Smart Money layouts, and the emergence of more on-chain Hunters and Traders, the market demand for on-chain DEX trading scenarios has become more diverse and rich.

The emergence of SynFutures is aimed at this part of the longer-tail, more decentralized market;

3) What are the highlights of SynFutures for the MEME coin market?

1. Conventional Perp perpetual contract transactions, any ERC20 token can create a perpetual contract, which is suitable for some MEME coins that have not been listed by CEX during the DEX PVP consolidation stage;

2. For the popular and innovative layer2 Base chain Top 3 DEX, you can enjoy the Pump bonus of the Base chain ecosystem;

3. The high volatility of the MEME coin stage will attract the on-chain Degen with a large wind direction preference. At the same time, its flexible token perpetual trading pair creation mechanism will add some "leverage effects" to application scenarios such as Restaking and cross-chain.

Moreover, the on-chain DEX has recently ushered in another important explosive growth "singularity". The sanction of Tornado has gotten rid of the doubts of "regulatory uncertainty", bringing a new growth space for the on-chain DEX-driven DeFi second summer.