Messari: SynFutures Q1 Trading Volume Increases by 470%
News on June 4, Messari recently released the SynFutures Q1 report. Thanks to Oyster AMM's enhancement of liquidity depth and capital utilization rate, SynFutures' Q1 TVL increased by 589%; trading volume increased by 470%, reaching a trading volume of $9 billion in just one month after launch, accounting for 83% of Blast's Q1 derivatives trading volume. Recently, SynFutures' trading volume has consistently ranked in the top three in the derivatives track, with its highest daily trading volume reaching $1.7 billion, surpassing dYdX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NEAR Price Falls 8.14% as Analyst Eyes Buys Below $3.50 Level

Pyth October Report: ARR Jumps 18.9% as Data Expansion Accelerates

Elon Musk: SpaceX (SPCX.US) Q4 revenue is expected to increase by approximately 70% quarter-on-quarter, with government contract income share falling below 10%
Elon Musk stated on Friday that SpaceX (SPCX.US) will continue to reduce its dependence on U.S. government procurement contracts.
