SynFutures Launches Perpetual Contract weETH with Bigger Rewards

Bittime -SynFutures, a leading decentralized derivatives exchange (DEX), has announced the launch of  the weETH-WETH perpetual contract This new offering allows users to leverage weETH (wrapped Ether in Ether.Fi) to earn additional profits.

Increased Rewards for Liquidity Providers

For a limited time, users who provide liquidity via weETH on the weETH-WETH perpetual contract will be eligible for a significant reward increase. These include:

• 3x Ether.Fi points: Users can earn three times the standard Ether.Fi points .
• 10x SynFutures points: Earn ten times regular SynFutures points.
• EigenLayer Points: Earn additional rewards from the underlying EigenLayer protocol.
• Blast gold and Blast points: Receive bonuses in the form of Blast gold and Blast points.

In total, liquidity providers can collect rewards from five different sources, creating lucrative participation opportunities.

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SynFutures: Top DEX with Impressive Growth

SynFutures has established itself as a major player in the decentralized derivatives space. Data from DefiLlama places them among the top 3 DEXs for derivatives trading across the network. Since their mainnet launch in March, they have achieved impressive milestones:

• Total Transaction Volume: Over $44 billion in total trading volume.
• TVL (Total Value Locked): Exceeded $50 million in value locked.
• Number of Transactions: Over 2 million cumulative transactions processed.

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Strong Support and Security

SynFutures has received significant support from leading industry institutions, including Pantera, Polychain, Dragonfly, and Standard Crypto. Their total funding currently stands at $38 million. Additionally, the protocol has undergone strict audits by Quantstamp, ensuring a safe trading environment.

Conclusion

SynFutures is poised to continue its growth trajectory with the launch of its weETH perpetual contract and exciting rewards program. The combination of increasing profits for liquidity providers and a strong track record makes them a top competitor in the decentralized derivatives market.

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on  Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn  Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements  of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.