Sign Up for Early Access to NFTures
Our NFT Futures product, NFTures, is going live on SynFutures V2 soon! Register now for early access.
SynFutures V2 Closed Alpha is still in progress (Register now if you haven’t already.), but we’re pleased to announce early access registration for our highly-anticipated NFT derivatives products, NFTures.
Sign up for early access to NFTures.
What is NFTures?
Once launched, NFTures will enable users to take long or short positions in NFT collections, maximizing profit opportunities while hedging risk and exposure. Because NFTures is permissionless like the rest of SynFutures’ derivatives trading products, users only need to connect their wallets to get started.
A few other key points:
- Prices are based on fractionalized NFTs, not individual NFTs. Since there is no continuous liquidity for NFTs, we use fractionalized NFT prices as a base rather than individual NFT prices. For more info on NFT fractionalization, check out this SynFutures Academy article.
- Prices reflect traded prices vs. floor prices. The floor price, or auction price, could potentially open the door to price manipulation and enable investors to take advantage of unfair arbitrage opportunities, which is why NFTures will use fractionalized NFT spot prices.
- Trading NFT futures is easy to navigate and seamless. Derivatives trading is one of the more complicated activities for experienced traders and newbies. With this in mind, we’ve designed NFTures to appeal to a wide range of traders, including those who have yet to trade on our platform.
For a deeper dive into the “why” behind NFTures, check out this article.
How to Get Access to NFTures
The general whitelist for NFTures is first-come, first-served. The initial wave of whitelisted addresses is set to gain access in early 2023.
Once your sign-up is approved and you’ve been whitelisted, we’ll email you further instructions.
We look forward to beginning the rollout of NFTures soon! Register now to get early access.
SynFutures is a next-generation Web3.0 decentralized derivatives infrastructure that creates an open and trustless derivatives market by enabling trading on anything with a price feed anytime. SynFutures democratizes the derivatives market by employing an Amazon-like business model, giving users the tools to freely trade any assets and list arbitrary futures contracts within seconds.
Deployed on multiple blockchains, SynFutures is currently the largest derivatives exchange on Polygon and is among the top three most actively used decentralized derivatives exchanges. Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and team members have extensive experience at global financial institutions, fintech companies, and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, Deutsche Bank, Matrixport, and Nomura Securities.