SynFutures is a leading decentralized finance (DeFi) platform that is redefining futures trading in the cryptocurrency domain. The platform provides a fully decentralized and permissionless futures market, enabling users to trade a wide array of assets without the need for traditional financial intermediaries.
At the core of SynFutures is the innovative Oyster AMM (Automated Market Maker) model, which provides single-token concentrated liquidity tailored for derivatives trading. This model allows liquidity to be concentrated within specific price ranges and integrates leverage to enhance capital efficiency. Compared to traditional AMM systems like Uniswap v3, which focus on spot markets, Oyster AMM supports a margin management and liquidation framework designed specifically for derivatives, making the trading environment more efficient.
In its third version, SynFutures introduced a permissionless on-chain order book model that improves upon traditional AMM models by concentrating liquidity around the mid-price and enhancing capital efficiency. This model achieves transparency and immutability in trading operations.
Furthermore, the Oyster AMM seamlessly integrates concentrated liquidity and an order book into a single model, providing a cohesive liquidity system for both active traders and passive liquidity providers. This ensures efficient and predictable transactions. Additionally, the platform employs advanced financial risk management mechanisms, including a dynamic penalty fee system to prevent price manipulation and stabilize pricing, thereby enhancing user protection and maintaining price stability.
