Permissionless On-chain Orderbook: Onchain Perp For Any Asset
SynFutures is a next-generation Perp DEX offering a perpetual futures trading protocol for crypto assets, taking the LP AMM mechanism to a new level with a hybrid approach. Founded in 2021 with a $14M Series A investment led by Polychain Capital, SynFutures later secured an additional $22M through a Series B round led by Pantera Capital, amassing a total of $36M in funding and capturing significant market attention. The SynFutures V3 platform lowers entry barriers for liquidity providers by enabling single-asset liquidity provision, combining AMM with an order book to achieve fully on-chain liquidity. Its Concentrated Liquidity AMM (CLAMM) model reduces slippage, while a price stabilization mechanism is in place to prioritize user protection. With a focus on expanding regionally through community-building and supporting institutional integration via an SDK, SynFutures recently exapnded to Base following its launch on Blast. The platform’s mission is to make on-chain futures trading accessible and to drive the widespread adoption of DeFi.