SynFutures

What Is SynFutures?

SynFutures is an open and trustless derivatives market that is quickly transforming the DeFi space. SynFutures main aim is democratising the futures market by enabling traders to participate in a free and open environment according to their preferences.

SynFutures Unique Features

Arbitrary Assets and Maturities

• Create trading pairs for any asset freely! Supports BTC, ETH and even gold, even stocks. This is a pretty good idea when the capitalization of other markets like Gold has a much larger trading volume than Crypto.
• Customize your contract with any expiration date.

Synthetic Automated Market Maker

• A liquidity provider (LP) only needs to provide a single digital currency for a trading pair.
• Aggregate positions of other assets for a trading pair will be generated automatically.

Automated Liquidator (ALQ)

• The liquidator automatically closes the trader’s leveraged position passively according to the formula x * y = k.
• It is possible to partially liquidate a trader’s position on the chain.

SynFutures aims to build a next generation digital asset derivatives trading and payment platform that follows the following product design principles:
It is a free and open marketplace that provides power market participants to add and trade any asset on the platform. Marketplace, instead of platform operator.

Maximize the wide range of tradable assets on the blockchain, from blockchain, Ethereum-based digital assets, to real-world assets.

Roadmap

Fixed margin futures (v1) will be launched as the first product and also serves as a proof of concept. To fully realize the potential of AMM based derivatives, index futures products that have no natural market makers will be launched next, for example, Bitcoin mining difficulty index futures. As not all such index futures products have readily available oracles, we will also work with the ecosystem to build the necessary ones.

Shared margin futures (v2) will be launched as the next major product and greatly improve the trading experience of our users. This version would also introduce new features and services, such as Perpetual Futures and Auto Hedger.

Cross margin futures (v3) will be launched as the last major product in 2021 and ready for full adoption and integration to the DeFi world as a piece of the puzzle. With cross margin futures, decentralized futures basis trading will be feasible and margin friendly. After decentralized futures trading becomes common and widely adopted, its pricing can become oracles to be used by decentralized options, which will be the next focus. Ultimately, when enough market data can be observed from the AMM based oracles, decentralized portfolio margin can be achieved.

SynFutures Token Economy

TBA

Detailed Token Metrics

TBA

Token Distribution

TBA

Token Release Schedule

TBA

Partners & Advisors

 TBA

Team Members

TBA

Token Sale Pages

Updating

Investors

Dragonfly Capital, Standard Crypto, Bybit, IOSG Ventures, Wintermute, Polychain Capital, Pantera Capital, Framework Ventures, CMS Ventures, WOO Network