SynFutures is thrilled to announce our integration with Bifrost, the fast and scalable EVM-compatible network providing native cross-chain capabilities to its DApps. Our projects will work together to boost the BtcUSD/USDC perp market, expand DeFi trading opportunities for users, and grow our communities through joint marketing activities.
Users can trade BtcUSD/USDC with up to 10x leverage and receive a 50x Oyster Odyssey (O_O) boost for 2 weeks and an ongoing 10x boost.
Bitfrost started as a middleware project providing multichain capabilities to other networks and has grown into an entire multichain ecosystem propelled by the Bifrost Network, a mainnet launched in January 2023. Powered by Bifrost’s robust cross-chain capabilities, BtcUSD is the first Bitcoin-based stablecoin to be fully cross-chain-capable and can be leveraged on various networks. With BtcUSD listed on SynFutures, users can expand their trading strategies, increasing liquidity and demand for BtcUSD.
“LSTs have been trending over the past several months, as users can maximize the utility of their staked assets and diversify their trading strategies. We look forward to collaborating with Bifrost to create new trading and rewards opportunities for our respective communities,” said Rachel Lin, co-founder and CEO at SynFutures.
“We are thrilled to partner with SynFutures, the world’s leading Perp DEX, as our first partner in expanding BtcUSD from Bifrost’s BTC Staking to the multichain space. We anticipate significant synergies from this collaboration in the LST era, creating new opportunities for DeFi users to optimize their strategies,” said Dohyun Pak, CEO at Bifrost Network.
Follow SynFutures and Bifrost on X to stay updated on future campaigns.
About SynFutures
SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and Permissionless Onchain Orderbook. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $100 billion in trading volume since its launch in 2021.
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