SynFutures 2023 Roadmap: H1 Highlights and Upcoming H2 Updates
On the heels of our zkSync Era deployment, we’re sharing the ecosystem updates and launches our community can expect for the rest of the year.
2023 kicked off with a significant milestone, as we officially began our migration to V2 after a successful V1 run that culminated in more than $18B in trading volume and nearly 50,000 traders participating. As we get into the second half of 2023, we’re excited to share our plans for the remainder of the year. While Rachel Lin, the SynFutures co-founder and CEO, discussed some of the product launches, community events, and more during our recent community call, we’re expanding on these updates in this roadmap.
But first, here is a quick recap of 2023 so far…
V2 Public Beta ✅
After welcoming more than 8,000 early testers during Closed Alpha, we began the next phase of our V2 rollout, public beta, in early May. The latest iteration of our decentralized derivatives trading infrastructure launched on Polygon first, followed by zkSync Era, with more chains to come in the future.
zkSync Era ✅
Last week, the mainnet trial phase on zkSync Era officially began! In the first deployment phase, users can begin trading using mock USDC and earn rewards from future zkSync airdrops and our trading competition, now live through July 8, 2023.
Participate in the zkSync trading competition.
NFTures Closed Alpha ✅
After much anticipation and our team’s tireless efforts to bring this first-of-its-kind user experience to our users, we released NFTures Closed Alpha in March 2023. Rachel Lin discussed the launch with Andy Pickering of The Crypto Conversation podcast, and Matthew Liu talked with Joe Chui from Real Talk NFT.
Q3 2023: V2 Deployment on Arbitrum and SynAcademy Relaunch
Arbitrum Deployment
In the next phase of our multichain expansion, V2 will be deployed on Arbitrum. In the first phase of deployment (September 2023), users can begin trading and experience SynFutures’ updated user experience and futures and perps trading on the Layer 2 scaling solution.
Platform Listings
Expanding awareness for SynFutures has been a priority for our team, and listings on major platforms can help Web3 projects get the attention of notable media, investors, influencers, and future community members. So far, SynFutures has been listed on CoinGecko, and DefiLlama, with more platforms to come.
Multi-Chain Expansion
As a chain-agnostic platform, we want to be where the users are. In addition to Polygon and zkSync EVM, where V2 is currently deployed, we’re actively considering expanding to Polygon’s zkEVM, Sei, and others.
SynAcademy
We’re also preparing to release an updated SynFutures Academy site! In addition to a fresh design and better user experience that will allow readers to navigate through and find valuable content easily, the relaunch will also see the introduction of an Introduction to Crypto Derivatives course for beginners. Future courses for all levels, from crypto newbies to advanced traders, will also be released in the coming months!
Team Expansion
While we have many platform updates in store, ensuring our team is prepared to accommodate our future growth is essential. That’s why we’re actively expanding our developer and business development resources. We’re also hiring part-time interns to support our marketing efforts.
Tell-A-Friend 2.0
Lastly, we’re excited to welcome back our wildly successful referral program. SynFuturers will have the opportunity to trade for a chance to receive an assortment of special edition NFTs!
Q4 2023: V3 Launch and Arbitrum DAO Futures
V3
While V2 Beta only launched a few months ago, we’re preparing to release V3, the most capital-efficient AMM in DeFi. In addition to a whitepaper outlining the upgrades, we will release a refreshed landing page with updated branding reflecting our expanded vision for the SynFutures brand.
Arbitrum DAO Futures
This year, we’re actively working with new and existing partners, including Arbitrum, to enable their native tokens to be used as a margin on V2, increasing token activity and streamlining the user experience. We expect ARB, Arbitirum’s native token, to be available on DAO Futures as soon as October 2023.
NFTures Expansion
After launching NFTures Closed Alpha, we’re considering deploying our much-buzzed-about NFT future trading product to other chains. No decision has yet been made, so stay tuned for more!
2024 and Beyond
Moving into 2024 and beyond, we look forward to improving our platform, introducing new products and initiatives, and finding new ways to engage with our community.
About SynFutures
SynFutures is a next-generation Web3 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.
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