F (SynFutures) rose 38.76% in 24 hours.

Gate News Bot news, on September 12, according to CoinMarketCap data, F (SynFutures) is currently priced at 0.01 USD, with a rise of 38.76% in the last 24 hours, reaching a high of 0.01 USD and a low of 0.01 USD. The current market capitalization is approximately 25.6 million USD, an increase of 7.16 million USD compared to yesterday.

SynFutures is a decentralized derivatives trading platform that offers on-chain perpetual contract trading for any asset. Its unique Oyster AMM design combines the advantages of order book and AMM models, providing users with unlimited liquidity. SynFutures supports the rapid listing of new assets within 30 seconds and achieves unified liquidity and strict risk management. The platform has withstood the test of multiple market cycles, with cumulative trading volume and user numbers continuously rising.

Recent important news:

1️⃣ GameFi sector overall strengthens GameFi sector tokens are generally rising, with several tokens such as ACE, PIXEL, and YGG showing significant gains in the last 24 hours. As a decentralized derivatives trading platform, SynFutures may benefit from the active trading demand in the GameFi sector, driving the price of F tokens up.

2️⃣ DeFi Studio Funding Boosts Market Confidence The DeFi studio Solido has completed a $800,000 financing round, led by institutions such as Supra. This news reflects the continued optimism of institutional investors in the DeFi space, which may indirectly boost the market performance of DeFi projects like SynFutures.

3️⃣ Market liquidity rise ETHFI (ether.fi) has risen 13.67% in the last 24 hours, with a trading volume of 170 million USD, indicating an overall improvement in market liquidity. As a derivatives trading platform that offers unlimited liquidity, SynFutures may benefit from this and attract more users to participate in trading.

From a technical perspective, the price of F token has broken through previous resistance levels, rising 38.76% within 24 hours, showing strong upward momentum. However, investors should remain vigilant about potential pullback risks and closely monitor the overall market trends and user growth on the SynFutures platform.

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