F (SynFutures) 24-hour pump 31.75%

Gate News Bot news, September 17, according to CoinMarketCap, as of the time of writing, F (SynFutures) is currently priced at 0.02 USD, having risen 31.75% in the last 24 hours, with a high of 0.03 USD and a low of 0.01 USD. The current market capitalization is approximately 46.6 million USD, an increase of 1.12 million USD from yesterday.

SynFutures is a decentralized derivatives trading platform that allows users to create and trade derivatives for any asset. The platform features an innovative AMM design that provides a unified liquidity system, supports rapid listing of new assets within 30 seconds, and implements strict risk management measures. SynFutures aims to offer permissionless asset diversity and an efficient trading experience for all types of traders.

Recent important news from F:

1️⃣ Traditional financial institutions accelerate the layout of tokenized assets Apollo has partnered with the blockchain platform Centrifuge and Plume to launch the tokenized credit fund ACRDX, securing a $50 million investment. This initiative brings traditional credit investments on-chain, providing institutional investors with a more convenient and transparent way to participate. As a decentralized derivatives trading platform, SynFutures is expected to benefit from this trend, attracting more traditional financial institutions to participate.

2️⃣ Large asset management companies are flocking to the tokenized money market fund Galaxy Digital announced that it will issue its own tokenized money market fund, competing with institutions such as BlackRock and Franklin Templeton. This indicates that tokenized financial products are becoming a strategic focus for mainstream asset management companies, which may bring more institutional-level users and liquidity to SynFutures.

3️⃣ Tokenized stock and ETF platforms receive venture capital support The tokenized stock and ETF platform SHIFT has completed its seed round financing, led by SNZ Holding. This reflects investors' confidence in the integration of traditional financial assets with DeFi liquidity, and is expected to create more underlying assets and trading opportunities for derivatives trading platforms like SynFutures.

From a technical perspective, the 24-hour rise of F token has exceeded 30%, indicating strong upward momentum. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor market changes and project developments.

This message is not investment advice; investors should pay attention to market volatility risks.