State of SynFutures Q4 2024 (Messari)
Messari Research Key Takeways:
- SynFutures launched the F token on Dec. 6, 2024. F is SynFutures’ governance and utility token, which can be staked to vote in governance, receive future airdrop boosts, and earn fee discounts on SynFutures.
- SynFutures V3 facilitated $67.4 billion in trading volume in Q4, maintaining its position as the leading perp DEX on Base.
- Average daily active addresses increased 9.8% QoQ and 590% YoY to 8,550. SynFutures’ increase in average daily active addresses reflects a growing demand for SynFutures existing and new product offerings.
- Average daily unique addresses surged 338.5% QoQ and 401.3% YoY to 4,965. SynFutures’ user acquisition strategy of listing community-centric tokens is driving new user acquisition.
- SynFutures introduced Synthia, an AI agent built on its own AI framework for DeFi. Synthia enables users to swap, transfer assets, and more using natural language commands through posts on X.
Read the detailed report here:
State of SynFutures Q4 2024
SynFutures led Q4 2024 with $67.4 billion in trading volume, the F token launch, and a 338.5% QoQ surge in unique addresses. Explore how new products, partnerships, and AI innovations are driving its growth as a leading onchain financial platform.