SynFutures is a decentralised derivatives platform that lets anyone trade perpetual futures on a wide variety of assets — from cryptocurrencies and tokenised real-world assets to NFTs and even Bitcoin hash rates. The platform is built to offer high capital efficiency, transparent risk controls, and broad asset listing options, all within a fully on-chain environment where users maintain control of their assets.
At the heart of SynFutures is its unique Oyster Automated Market Maker (AMM) — a system that combines concentrated liquidity with an on-chain order book. This helps improve market depth, reduce slippage, and keep prices more stable during periods of volatility. The platform’s main goal is to open up access to derivatives trading, allowing users to list and trade futures on virtually any asset without needing approval from a central authority.
SynFutures runs across multiple blockchains — primarily Ethereum — and uses smart contracts to handle all its core functions, such as trade execution, liquidity management, margin enforcement, and liquidations. It uses a Synthetic Automated Market Maker (sAMM) alongside an on-chain order book, combining the strengths of both automated and traditional trading models.
The Oyster AMM plays a key role here. It uses exponential moving averages to smooth out spot pricing, which helps limit slippage and reduce the risk of price manipulation. All of this runs on top of Ethereum’s Proof of Stake network, providing strong security and decentralisation for the protocol.
SynFutures has a wide range of applications in the DeFi space. Its main use case is enabling permissionless perpetual futures trading across a broad set of assets — not just popular cryptocurrencies, but also NFTs, tokenised real-world assets, and even Bitcoin mining hash rates.
Because it’s fully decentralised, users don’t need to rely on centralised exchanges to trade derivatives. The platform also integrates AI-powered tools, such as Synthia, its built-in trading agent, which helps users develop and automate more advanced trading strategies based on real-time data and market conditions.
SynFutures was founded by Rachel Lin and Matthew Liu, both of whom have deep experience in finance and blockchain. Rachel previously worked as a derivatives trader at Deutsche Bank and co-founded the crypto neobank Matrixport. Matthew led Deutsche Bank’s Asia rates desk and later worked on blockchain innovation at Ant Financial.
Since launch, SynFutures has reached several major milestones. It has processed over $260 billion in trading volume, introduced the innovative Oyster AMM, and brought AI-enhanced trading tools into the DeFi derivatives space. One of its most notable achievements is being the first decentralised derivatives exchange to launch on Coinbase’s Base Layer 2 chain, marking a big step forward in its mission to make derivatives trading more accessible and decentralised.