The Work Index by Flexa

SynFutures

SynFutures is a decentralized derivatives exchange that provides on-chain perpetual futures for any asset.

https://www.synfutures.com/
4.2

/10

Transparency ranking

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Description

SynFutures is a decentralized derivatives exchange built on the Ethereum blockchain. The company offers onchain perpetual futures trading for a variety of assets, including cryptocurrencies, NFTs, and Bitcoin hash rates. SynFutures' unique Oyster AMM model combines the best features of order book and AMM models, providing high capital efficiency and a unified liquidity system tailored for active traders and passive liquidity providers. The platform also boasts permissionless asset diversity, enabling traders to list and trade any asset within seconds.

SynFutures is backed by industry leaders and has a proven track record, having been battle-tested across three versions and achieving over $75B in cumulative trading volume with 200K+ traders. The company is dedicated to providing a robust and secure trading experience, incorporating best practices from TradFi and CeFi and implementing rigid risk management mechanisms. SynFutures is actively expanding its ecosystem by partnering with leading market makers, DeFi protocols, and L1s/L2s in Web3, aiming to bring the most comprehensive onchain trading experience to the market.

Flexibility

SynFutures offers a remote-first work environment, allowing employees to work from anywhere in the world. This provides flexibility in terms of location and schedule, enabling employees to create a work-life balance that suits their individual needs.

Mission

SynFutures is a decentralized derivatives marketplace designed to provide traders with permissionless access to a wide range of assets, including cryptocurrencies, NFTs, and real-world assets. The company's mission is to build a more robust and efficient on-chain trading experience for users by leveraging its innovative Oyster AMM, which combines the best features of order book and AMM models. SynFutures aims to empower traders and liquidity providers with a customizable toolset that maximizes capital efficiency, provides a streamlined user experience, and ensures rigid risk management.

Disruptor

Culture

SynFutures fosters a collaborative and innovative culture, prioritizing transparency and community engagement. They actively encourage participation in their ecosystem, with a strong focus on building and testing solutions through multiple versions, as exemplified by their "Battle-tested across 3 versions" statement. They partner with industry leaders and actively engage with the community through events like the "Borderless Summit Singapore" and their Academy platform, showcasing a commitment to sharing knowledge and fostering growth within the Web3 space.

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