F (SynFutures) rose 49.31% in the last 24 hours.

Gate News Bot news, on October 24, according to CoinMarketCap, as of the time of publication, F (SynFutures) is currently priced at 0.02 USD, with a 49.31% rise in the last 24 hours, reaching a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 58.5 million USD, an increase of 1.93 million USD compared to yesterday.

SynFutures is a decentralized derivatives trading platform that offers perpetual contract trading for any asset. Its unique AMM design and smooth user experience cater to the needs of various traders. SynFutures supports the launch of new trading pairs within 30 seconds, using a single token liquidity model that allows for the free listing and trading of any asset without centralized intervention or DAO proposals. The platform integrates both active and passive liquidity provision, providing all users with a unified liquidity system. SynFutures also implements strict risk management, adopting best practices from traditional finance and centralized exchanges, allowing users to trade confidently on a protocol that has stood the test of multiple market cycles.

Important news about F (SynFutures) recently:

1️⃣ Mainstream exchange listing plans implemented The well-known Korean exchange Upbit will list the SynFutures (F) trading pairs in KRW and USDT. This move is expected to bring more liquidity and trading volume to F, enhancing its market influence. The support from mainstream exchanges also reflects the market's recognition of the SynFutures project.

2️⃣ DeFi sector overall warms up The cryptocurrency market has recently shown a pump trend, with the DeFi sector performing particularly well. As a decentralized derivatives trading platform, SynFutures benefits from the overall recovery of the industry, and the price of F tokens has seen a significant rise.

3️⃣ Innovative technological advantages continue to attract attention The Oyster AMM model adopted by SynFutures supports the rapid launch of new trading pairs within 30 seconds, an innovative feature that has gained more attention in the current market environment. The platform's advantage of supporting diversified asset trading provides it with a unique selling point in the fiercely competitive DeFi market.

From a technical perspective, the price of F tokens has seen a significant pump in the short term, with a 24-hour rise of up to 49.31%, indicating strong upward momentum. However, investors should remain vigilant about the potential pullback risks that may occur after such a rapid rise and closely monitor market changes.

This message is not intended as investment advice; investors should be aware of market volatility risks.