State of SynFutures Q1 2025: Messari

State of SynFutures Q1 2025: Messari

In Q1 2025, SynFutures solidified its position as the leading decentralized perpetuals exchange on Base, processing over $34.1 billion in trading volume across the Base and Blast networks. It captured a dominant 62.5% share of Base’s perpetual market, even amid broader market headwinds.

We sunset SynFutures on Blast in April to focus fully on Base. Major product launches included Synthia, an AI-powered trading assistant that enables natural language trading via X (formerly Twitter), and a new spot aggregator to improve trade execution across liquidity sources on Base.

SynFutures also expanded its asset offerings with trending meme tokens like TRUMP and MELANIA and ran several promotional campaigns to drive user engagement.

The release of its V3 SDK marked a key step in enabling developer integrations and reinforcing its long-term roadmap to scale onchain financial infrastructure. Despite short-term fluctuations, SynFutures continues to lead innovation in decentralized derivatives.

Read the full report here.