SynFutures Founder on DeFi and AI: Accelerating Large-Scale Development

According to BlockBeats, on September 10, in a recent interview, SynFutures founder Rachel said that DeFi does not lack large-scale applications, but the digital economy is still waiting for large-scale development, and AI will accelerate this process. Currently, many active users of Web3 are “wool parties”, but airdrops and liquidity mining are high marketing costs for project parties. It is unsustainable for products to attract users purely by subsidies. It depends on whether they can support the real needs of large-scale users after excluding this incentive.

According to the SynFutures dashboard data, since the launch of the mainnet in March, the cumulative transaction volume of SynFutures has exceeded 160 billion US dollars, the number of on-chain transactions has exceeded 9 million, and it ranks in the top 3 in the derivatives trading market in the past 24 hours. SynFutures accounted for more than two-thirds of the market share of the entire Blast chain in the second quarter, and occupied the first position in the entire chain two weeks after the launch of Base.

SynFutures previously announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has been audited by Quantstamp.

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