SynFutures provides Futures Trading for early Meme coins, is this a good idea?

Perhaps because the Airdrop effect of Hyperliquid is too eye-catching, the expected value of the upcoming Airdrop SynFutures in the same track has also been maximized. Decentralized derivative trading platforms have become a promising track full of opportunities.

So, what is the logic driving this wave of DEX dividend market? How does SynFutures provide an entry point for early MEME coins in Contract Trading? Just briefly share your thoughts:

1. DEXrise, which was sparked by DeFi Summer, was severely hit afterwards due to the regulatory crackdown on a series of Privacy Coins. In the past year, it has been reactivated by inscription+rune and the AI MEME trend.

Visibly, the on-chain format of DEX is gradually becoming richer and more perfect, including on-chain DEX Liquidity Depth, population coverage, application scenarios, and so on, such as order book DEX, AMM+order book hybrid DEX, Yield aggregation trading strategy, Derivatives innovative gameplay, and so on.

This is a market dividend period driven by the DEX rise trend. Although there is still a gap compared to the huge user base of CEX, the competitive advantage and potential of DEX rise should not be underestimated.

2. The order book trading mechanisms that we are more familiar with, such as dYdX and HyperLiquid, mainly serve scenarios where there are mature market makers to operate support, and mainstream large currencies with stable customer base on-chain, so as to have a smooth order book trading experience.

DEXes with AMM mechanisms such as GMX and GNS have solved a large portion of on-chain trading needs through the unique Liquidity mechanism of GLP and innovative Token model design;

But as the on-chainDEX ecosystem becomes increasingly complex, with emerging MEME coins that are measured in seconds, as well as more Smart Money layouts, and the emergence of more on-chain Hunters and Traders, the market’s demand for on-chainDEX trading scenarios is also becoming more diverse and abundant.

The emergence of SynFutures is aimed at this longer tail and more decentralized market;

3）What are the highlights of SynFutures for the MEME coin market?

1. Conventional Perp perpetual Contract Trading, any ERC20 Token can create Perptual Futures, suitable for some DEX PVP plateaus that have not yet been listed by CEX MEME coins;

2. As a popular innovative layer2 Baseon-chainTop 3 DEX, it can enjoy the Pump bonus of the Base chain ecosystem;

3. The high volatility of MEME token will attract on-chain Degen who prefer strong wind direction, while its flexible Token perpetual trading pair creation mechanism will also add some ‘leverage effects’ to applications such as Restaking, Cross-Chain Interaction, and so on.

Moreover, recently on-chain DEX has witnessed another important explosive rise ‘singularity’, the Tornado sanction incident dispelled the ‘regulatory uncertainty’ cloud, bringing new rise space for on-chain DEX to drive Decentralized Finance’s second Summer.