SynFutures Integrates with Cygnus Finance to Boost the wcgUSD Perp Market
SynFutures and Cygnus Finance will work together to grow the wcgUSD/USDC perp market and create new trading opportunities.
SynFutures is thrilled to announce our integration with Cygnus Finance, the first native stablecoin protocol on the Base chain. Our projects will work together to boost the wcgUSD/USDC perp market and expand DeFi trading opportunities for users across both communities.
Users can trade wcgUSD/USDC with up to 10x leverage and receive a 50x Oyster Odyssey (O_O) boost for 2 weeks and an ongoing 10x boost.
The leading stablecoin protocol on the Base chain, Cygnus Finance leverages short-term US Treasury Bills as collateral to issue cgUSD, an interest-bearing stablecoin. Users can mint cgUSD using assets from the multi-chain ecosystem. Through a rebase mechanism, cgUSD distributes the full interest returns from US Treasury Bills directly on-chain, increasing user balances. The total issuance of cgUSD aligns with the net value of its asset portfolio — including on-chain stablecoins, the market value of US Treasury Bills, and interest — every New York banking day, maintaining a 1:1 redemption ratio of cgUSD to USDC.
Follow SynFutures and Cygnus Finance 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.
Learn more:
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About Cygnus Finance
Cygnus aims to build the endgame of real yield. It aggregates real yield opportunities across the EVM & non-EVM systems to provide users with secure and sustainable returns. It is a top protocol on BASE and TON with TVL over $60m, backed by industry pioneers such as OKX Ventures and Susquehanna International Group.
Learn more: https://linktr.ee/CygnusFi
