TechFlow news, November 25 — According to an official announcement, SynFutures has announced the establishment of the SynFutures Foundation and the launch of its native token F. Details regarding the airdrop and TGE date will be revealed shortly. The SynFutures Foundation aims to drive the protocol’s long-term development and enable community-driven governance proposals for collective decision-making. The F token will be allocated to the community, early supporters and advisors, the foundation treasury, core contributors, protocol development, and liquidity support. Token holders will enjoy benefits beyond governance voting rights, including fee rebates, staking rewards, and enhanced second-season airdrop allocations.
SynFutures is a leading decentralized exchange in the industry, offering leveraged trading on any asset, as well as serving as a comprehensive financial infrastructure provider. It has raised a total of $38 million in funding from top-tier firms including Pantera, Polychain, Dragonfly, and Standard Crypto. Compared to other decentralized exchanges, SynFutures supports any native asset as collateral for leveraged trading. Additionally, its recently launched perpetual contract launchpad—the industry’s first platform dedicated to derivatives markets—surpassed $120 million in trading volume within its first week. Since the mainnet launch in March, SynFutures has achieved over $210 billion in cumulative trading volume. Protocol fee revenue over the past 30 days reached as high as $4.7 million.
