back28 May 20241 min read
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New Pyth Data Provider: SynFutures

Today, the Pyth Network data provider community welcomes SynFutures, a decentralized perpetual futures protocol that facilitates open and transparent trading on any asset and listing instantly.

SynFutures will contribute its market data to help secure the Pyth Price Feeds and align itself with the growing decentralized finance space. This data includes real-time prices for crypto assets and several Ethereum LSTs. This contribution will support the greater Pyth mission of delivering reliable, real-time access to price data for blockchain developers everywhere.

“SynFutures is dedicated to joining the Pyth MDP network to expand the reach and utilization of its market data, while also aligning itself with the growing decentralized finance space. The partnership can benefit both SynFutures and the Pyth network by increasing data accessibility and supporting the broader adoption of blockchain-based financial applications.” — Rachel Lin, CEO at SynFutures.

Who is SynFutures?

  • SynFutures is a leading perp DEX 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.
  • With its groundbreaking one-of-a-kind market-making model, Oyster AMM, SynFutures combines the best of the order book and AMM to maximize capital efficiency and appeal to a broad range of traders and investors.

The Pyth Network continues to invite more data partners to join the data provider community and help build a decentralized marketplace for institutional-grade, high-fidelity financial data.

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