SynFutures Partners with PARSIQ to Expand Real-time Data Options
The team at SynFutures is excited to announce our partnership with PARSIQ, a full-suite data network for building the backend of all Web3 dApps & protocols. Through an integration with PARSIQ’s flagship product, the Tsunami API, the SynFutures team will have access to real-time blockchain monitoring and fast historical blockchain data to further enhance our price feed options.
Having access to real-time, relevant data is crucial for our users as anyone can list trading pairs on our platform at any time. To provide the most accurate pricing data possible, we’ve integrated with several of the top decentralized oracle providers, including Chainlink, SushiSwap, and Uniswap. With PARSIQ’s enhanced data capabilities, we’ll be able to provide our traders and LPs with the most up-to-date information possible.
The Tsunami API enables 33 billion events to be processed in under 1 second. The API provides raw data, both real-time and historical, to allow platforms to track any kind of events, metrics, or statistics they desire, such as TVL, liquidity, current and historical token prices, APR, APY, ROI, user balances, and more.
“Providing our users with the most accurate, updated price feed information is a crucial part of our decentralized derivatives platform,” said Rachel Lin, co-founder and CEO at SynFutures. “We look forward to collaborating with PARSIQ to see how its advanced API will benefit our users as we enter a new phase of growth with the upcoming Closed Alpha for SynFutures V2.”
“It’s a pleasure to work with SynFutures to provide futures and derivatives trading to the crypto community in a trustless permissionless manner. For us, this is what DeFi is all about,” said Tom Tirman, PARSIQ CEO and co-founder. “A key element of SynFutures’ platform is the way they enable trading on any device with proper — up to the second — price feeds. This can present a challenging problem for DEXs and we’re delighted that they have chosen PARSIQ as a solution. For us, this is further evidence that the Tsunami API is up to the challenge of supplying reliable blockchain data at industry-leading speeds.”
Twitter Spaces AMA
To celebrate our partnership with PARSIQ, we’re hosting a Twitter Spaces AMA! Tune in as SynFutures team members Greer, Parsa, and Mark talk to Daniil Romazanov, CTO, and Emilijus Pranckus, part of the BD team at PARSIQ, on Thursday, July 28th at 7:30 pm ET (11:30 UTC).
Set your reminder for the AMA.
Stay tuned for more information on our collaboration with PARSIQ!
About SynFutures
SynFutures is a next-generation derivatives exchange focused on creating an open and trustless derivatives market by enabling trading on any device with proper price feeds. By cultivating a free market and maximizing the variety of tradable assets, SynFutures is lowering the barrier for entry in the derivatives market, creating a more equitable exchange market for digital assets.
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About PARSIQ
PARSIQ is a full-suite data network for building the backend of all Web3 dApps & protocols. The Tsunami API, which will ship in July 2022, will provide blockchain protocols and their clients (e.g. protocol-oriented dApps) with real-time data and historical data querying abilities.
Website | Blog | Twitter | Telegram | Discord | Reddit | YouTube
