SynFutures V3 has launched on the Blast mainnet and introduced a triple rewards airdrop event

ChainCatcher news, the decentralized crypto derivatives exchange SynFutures announced that its V3 platform has officially launched on the Blast mainnet, and it has introduced a triple rewards program (Blast Points + Blast Big Bang Champion Points + SynFutures Points), and will airdrop SynFutures Points to Blast, dYdX, GMX users, and Pudgy Penguins holders. The points competition is expected to last for 3 to 4 months.

It is reported that SynFutures V3 adopts a dedicated order book automated market maker (oAMM) model, which operates entirely on-chain, combining the advantages of order books and AMM models, while maintaining the feature of opening for token listing in 30 seconds, enhancing capital efficiency and ease of operation.

According to the crypto data platform RootData, SynFutures completed a $22 million Series B financing in October 2023, led by Pantera Capital. SynFutures has raised a total of $38 million, and its V3 has passed the Quantstamp contract audit.