The derivatives agreement SynFutures V2 upgrade will include features such as permissionless listing of futures trading pairs

2022-12-13 13:07:06

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ChainCatcher news, according to CoinDesk, the Polygon ecosystem derivatives protocol SynFutures stated that the V2 upgrade allows for permissionless listing of futures trading pairs, enabling traders to list any futures trading pair without permission. Additionally, it introduces synthetic automated market maker (sAMM) technology, allowing liquidity providers to provide only one asset in the trading pair (such as stablecoins). Other upgraded features include an improved user interface through a one-click design and enhanced risk management capabilities.

According to the crypto project data platform Rootdata, SynFutures completed a $1.4 million seed round of financing in January last year and a $14 million Series A round in June. In April of this year, SynFutures launched the V2 testnet. (CoinDesk)

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