The SynFutures team hinted at or conducted an L1 upgrade, starting the Mainnet internal testing in October.

On October 2, the on-chain derivation protocol SynFutures announced a major protocol upgrade today, introducing a foundational chain upgrade with block times as low as 5 milliseconds. The protocol will focus on building a new generation of derivation infrastructure that combines top-notch trading experience with the open spirit of DeFi in the next phase. This upgrade focuses on three core aspects: millisecond-level execution speed, institutional-level liquidity depth, and the transparency of fully on-chain settlement. Since its launch in 2021, SynFutures has accumulated over $300 billion in trading volume, undergoing multiple rounds of market testing. This upgrade will be powered by a brand new high-performance modular engine, achieving single-digit millisecond order execution while maintaining complete on-chain transparency, and integrating institutional-level liquidity to support large transactions. To uphold the core philosophy of 'trader-first, zero compromise', the protocol will also undergo a brand upgrade. SynFutures will start internal testing in October, working with core partners to refine the infrastructure and prepare for full launch. The protocol emphasizes that the community will be at the heart of the upgrade process, with a series of activities planned to invite traders to participate in the construction.