We’re Sunsetting Support for SynFutures on Blast: A New Chapter Ahead

Mohammad Musharraf -

Key Takeaways

— We’re sunsetting SynFutures services on Blast on April 15, 2025, 08:00 UTC.

— Users must close all open positions before that time to avoid any potential fund losses.

— We want to focus on ecosystems with continued product-market fit, deep liquidity potential, and high performance.

SynFutures had an exciting run on Blast over the last year, but it’s time to sunset our services on the network. This chart alone showcases the success and love SynFutures received on the network:

Source: DeFi Llama

After doing almost $180 billion in trading volume on Blast, we’re announcing that SynFutures v3 will officially sunset its service on Blast on April 15, 2025, at 08:00 UTC.

We request users to close all open positions on the Blast network before April 15, 2025.

What Users Need to Do

To ensure a smooth transition, please:

  • Exit any active positions on SynFutures on Blast
  • Withdraw all liquidity from any Blast pairs on SynFutures
  • Do so before April 15, 2025, 8:00 AM UTC+0

After this date, the protocol on Blast will be decommissioned and no longer be accessible.

A Look Back: What We Accomplished on Blast

SynFutures v3 launched on Blast in early 2024. It was one of the earliest high-momentum chains, giving us a unique opportunity to test the Oyster AMM, the permissionless listing engine, and our flexible trading infrastructure with a vibrant, early-adopter community.

Thanks to our users and supporters on Blast, we:

  • Became the #1 perp DEX on Blast
  • Has had over $180 billion in trading volume in a year since launch
  • Saw rapid onboarding of new trading pairs
  • Gained valuable product feedback from an active, degen-savvy user base
  • Built the foundation for what SynFutures v3 has become today

We’re proud of the growth we achieved and are incredibly grateful to the Blast community for helping us become one of the top onchain perp DEXs.

Why We’re Sunsetting Support

We continuously evaluate how and where we can deliver the best experience for our users. That’s how we decided to launch on Blast in the first place. 

As we evolve and scale V3, we’re focusing more on ecosystems that see continued product-market fit, deep liquidity potential, and sustained user growth.

Onward and Upward

Sunsetting our support for Blast marks our move toward bigger opportunities and a more focused roadmap. We’re excited about what’s next for SynFutures, and we’re excited for what the future holds for SynFutures.

To our Blast users: Thank you for being part of our early growth. We hope to see you trading with us on Base and beyond.

Trade on,
The SynFutures Team.