Author: Haotian
Perhaps because the airdrop effect of @HyperliquidX is too eye-catching, airdrops will be launched on the same track @SynFuturesDefi expectations are also high. 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’s SynFutures’ entry point into providing contract trading opportunities for early-stage MEME coins? Let’s briefly talk about my views:
1) DEX growth dividends started with DeFi Summer, and then suffered heavy losses due to regulatory suppression of a series of privacy coins. In the past year, It was reactivated under the influence of inscription + rune and this wave of AI MEME.
It can be seen with the naked eye that the on-chain business formats of DEX are gradually enriching and improving. The depth of liquidity, crowd coverage, application scenario categories, etc. of DEX on the chain are all improving. It tends to be rich, such as order book DEX, AMM+ order book hybrid DEX, Yield aggregation trading strategy, innovative derivatives gameplay, etc.
This is a market dividend period driven by the growth trend of DEX. Although there is still a gap between the huge user base of CEX, the competitive advantages and growth potential of DEX cannot be underestimated. Look at;
2) We are more familiar with dYdX and HyperLiquid They are all order book trading mechanisms, and the main service scenarios are often limited to major mainstream currencies that are supported by mature market makers and have a stable customer base on the chain. Only in this way can you have a smooth order book trading experience.
DEXs with AMM mechanisms such as GMX and GNS solve a large part of the problems of on-chain transactions through GLP’s unique liquidity mechanism and innovative token model design. demand;
However, as the DEX ecosystem on the chain becomes increasingly complex, such as MEME coins emerging in seconds, and more Smart Money layouts, more The emergence of Hunter and Trader on the chain, the market’s response to the on-chain The trading scenario requirements of DEX are also more diverse and rich.
The emergence of SynFutures is aimed at this part of the longer-tail, more fragmented market;
3) What does SynFutures target in the MEME currency market? What are the highlights?
1. Regular Perp perpetual contract trading, any ERC20 token can create a perpetual contract, suitable for some DEX PVP consolidation stages that have not been listed by CEX MEME currency;
2. As the top 3 DEX on the popular innovative layer2 Base chain, you can enjoy the Pump bonus of the Base chain ecology;
< p style="text-align: left;">3. The high volatility in the MEME currency stage will attract Degen on the chain with a strong preference for wind direction. At the same time, its flexible token perpetual trading pair creation mechanism will also give Restaking, cross-chain and other application scenarios add some "leverage effect" and so on.Moreover, the DEX on the chain has recently ushered in an important explosive growth "singularity". The incident of Tornado being sanctioned has got rid of the suspicion of "regulatory uncertainty" and has provided a On-chain DEX drives DeFi’s secondary Summer, bringing a new space for growth.