SynFutures
SynFutures is a Singapore-based decentralized derivatives exchange operating an onchain trading protocol for crypto perpetuals and tokenized real-world assets. It serves crypto traders and traditional equity investors globally via a permissionless, self-custody platform with variable trading fees.
- Company typePrivate
- Founded2021
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What SynFutures does
SynFutures is a Singapore-based decentralized derivatives exchange founded in 2021 that operates an onchain trading protocol for crypto perpetuals and tokenized real-world assets. The company's core offering is the SynFutures V3 Protocol, which combines an onchain Central Limit Order Book (CLOB) matching model with RWA tokenization infrastructure, enabling traders to long or short crypto perpetuals (BTC, ETH, and others) and to buy tokenized US equities that are 1:1 backed by actual shares held through a licensed broker via the company's partnership with Anchored Finance. All positions settle onchain and are held in users' own wallets, with no account creation or KYC required for crypto markets. Additional products include Hash Rate Futures, Auto-Hedger, and Monday Trade — a perpetual futures platform built through the Builder Program on the Monad mainnet offering 424 trading pairs and millisecond-level execution. RWA Vaults for ETFs and treasury bills are listed as coming soon.
The underlying technology stack pairs a proprietary onchain CLOB with integration to tokenized stock issuer liquidity hubs, which the company describes as providing NASDAQ-level depth and execution quality. Subscriptions and redemptions for tokenized assets settle through automated onchain rails. The Builder Program is an ecosystem initiative enabling external teams to build trading products, automated strategies, and liquidity infrastructure on top of SynFutures' protocol.
SynFutures generates revenue through variable per-market trading fees applied to crypto perpetuals and tokenized asset trades, with no deposit or withdrawal fees. The platform is accessed globally via a self-serve wallet-connect flow at app.synfutures.com, targeting two primary segments: crypto-native derivatives traders and traditional equity investors seeking onchain, fractional, self-custody access to US stocks. The protocol has served 433.2K all-time traders and facilitated $329.9B in cumulative trading volume across 351 listed markets, and is backed by investors including Polychain Capital (lead of a $14M Series A in June 2021), Pantera Capital, HashKey Capital, Susquehanna International Group, Framework Ventures, Dragonfly, and others. The company is led by co-founder and CEO Rachel Lin.
SynFutures firmographics
Firmographics- Name
- SynFutures
- Legal name
- SynFutures
- Website
- https://synfutures.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SynFutures is a Singapore-based decentralized derivatives exchange operating an onchain trading protocol for crypto perpetuals and tokenized real-world assets. It serves crypto traders and traditional equity investors globally via a permissionless, self-custody platform with variable trading fees.
- Ownership category
- akta.pro rank
SynFutures industry classification
Industry- Product category
- Decentralized Derivatives Exchange
- NAICS
- Securities and Commodity Exchanges (52321), Commodity Contracts Intermediation (523160)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Derivatives Trading Venues (perps, futures, options) (FSAPADAE)
- akta.pro secondary industries
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO), Settlement, Clearing & Reconciliation for Tokenized Assets (DvP, PvP, netting, post-trade) (FSAPAIAI)
Keywords
Where SynFutures is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
SynFutures business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Trading Fees: SynFutures charges trading fees that vary by market. Fees are displayed before trade confirmation. The protocol does not charge deposit or withdrawal fees.
- Tokenized Asset Trading: Revenue generated from trading fees on tokenized stocks, ETFs, and other real-world assets traded on the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Variable trading fees per market |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
SynFutures product offering
Product offeringCore offering
SynFutures operates an onchain trading protocol that enables permissionless trading of crypto perpetual futures and tokenized real-world assets (US stocks and ETFs). The platform combines an onchain Central Limit Order Book (CLOB) with automated settlement and self-custody wallet connectivity, allowing users to trade perpetual futures on BTC, ETH, and other assets, alongside 1:1 backed tokenized US equities through a partnership with Anchored Finance.
Product overview
SynFutures is a decentralized derivatives exchange that has evolved into a unified onchain trading protocol for both crypto and real-world assets. The core offering consists of the SynFutures V3 Protocol, which enables trading of crypto perpetuals (BTC, ETH, and more) alongside tokenized stocks that are 1:1 backed by real shares through a partnership with Anchored Finance. The platform also hosts Monday Trade, a perpetual futures platform built through its Builder Program on Monad. Additional products include Hash Rate Futures and Auto-Hedger for cryptocurrency traders, with RWA Vaults coming soon to support ETF and treasury bill tokenization. All positions settle onchain with full self-custody.
Differentiator
Problem solved
Functional benefit
Products and services
- SynFutures V3 Protocol Core onchain trading protocol that supports crypto perpetual futures and synthetic assets via an onchain CLOB model with automated settlement. Built for individual crypto traders and DeFi users who want self-custody, permissionless access to derivatives markets without intermediaries.
- Crypto Perpetual Futures Perpetual futures contracts on major cryptocurrencies (BTC, ETH and others) traded through the SynFutures protocol with leverage and self-custody settlement. Targeted at individual crypto-native traders seeking derivatives exposure onchain.
- Tokenized US Stocks and ETFs Tokenized US stocks (AAPL, NVDA, TSLA, MSFT) and ETFs that provide 1:1 backed onchain exposure to traditional equities, integrated into the SynFutures trading protocol via Anchored Finance. Designed for retail investors and crypto traders seeking traditional equity exposure onchain, with fractional trading from $1.
- Hash Rate Futures Futures contracts that allow Bitcoin miners to hedge against fluctuations in mining profitability and hash rate. Targeted at crypto miners and mining operations seeking derivatives-based risk management tools.
- Monday Trade A perpetual futures trading platform built on top of SynFutures' infrastructure through the Builder Program on Monad mainnet. Offers 424 trading pairs and is designed for retail crypto traders using a high-throughput Layer-1 blockchain for low-cost derivatives trading.
Quantifiable outcome
- 433.2K+ all-time traders
- +4 more outcomes
Companies that use SynFutures
Customer profileSegments3 records
Ideal customer profiles3 records
SynFutures technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
SynFutures partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, flagship and minor.
- Anchored FinancecoreSynFutures integrated with Anchored Finance to expand into tokenized real-world assets. Anchored provides RWA infrastructure including issuance, 1:1 backing, distribution, and redemption capabilities for stocks, ETFs, and derivatives on SynFutures. This partnership enables SynFutures to offer tokenized equities without building its own RWA stack from scratch.
- AnchoredcoreAnchored provides the RWA infrastructure—including issuance, 1:1 backing, distribution, and redemption capabilities—that enables SynFutures to offer tokenized stocks, ETFs, and derivatives onchain. The collaboration marks both companies' strategic moves to bridge traditional finance with DeFi.
- Monday TradeflagshipMonday Trade is a perpetual futures trading platform built through SynFutures' Builder Program. It launched on Monad mainnet as one of the first trading venues on the newly released network, offering millisecond-level trading execution and 424 trading pairs. Monday Trade accumulated $1.2M TVL and $137.2M lifetime trading volume since testnet launch.
- MonadcoreMonad is a blockchain network where SynFutures' Builder Program launched its first product, Monday Trade. The partnership positions SynFutures as an early ecosystem participant on Monad, leveraging the network's fast execution environment for onchain trading.
- Market MakerscoreSynFutures partners with market makers to provide liquidity across its trading markets, supporting institutional-grade liquidity through tokenized stock issuer's liquidity hub combined with its onchain CLOB model.
- DeFi ProtocolsminorSynFutures partners with DeFi protocols to expand its ecosystem and bring every asset class onchain through collaborative integrations.
- Blockchain NetworkscoreSynFutures integrates with multiple blockchain networks to enable cross-chain trading of crypto and real-world assets, currently supporting trading on various networks with plans for expansion.
Scale indicators6 records
Recent moves2 records
Expansion highlights5 records
SynFutures competitors and assessment
Company assessmentDirect peers
- Hyperliquid: Onchain perps DEX using an onchain order book for perpetuals on crypto assets. Closest direct competitor to SynFutures in the perps DEX category, with significantly higher recent volume.
- dYdX: Decentralized perpetuals exchange running its own appchain with order-book-based perps trading. Direct competitor to SynFutures in onchain derivatives, with a longer operating history and substantially more capital raised.
- GMX: Decentralized perps DEX using a multi-asset liquidity pool rather than a CLOB. Direct competitor offering onchain perpetual futures for crypto traders, with comparable target user base to SynFutures' crypto perps segment.
- Aevo: Onchain derivatives exchange offering perps and options via an order book. Direct competitor with overlapping product set (perps and structured derivatives) and similar institutional-grade execution positioning.
- Drift Protocol: Solana-based perps DEX combining order book and AMM liquidity for perpetual futures. Direct competitor in onchain crypto derivatives, focused on a different L1 than SynFutures' main deployments.
- Perpetual Protocol: One of the earliest onchain perps DEXs using a vAMM model, now evolving toward order-book infrastructure. Direct competitor in the decentralized perpetual futures category with overlapping target users.
- Vertex Protocol: Hybrid order-book and AMM DEX offering spot and perpetual futures trading onchain. Direct competitor combining CLOB execution with cross-margin derivatives, similar in product breadth to SynFutures.
- Mango Markets: Solana-based decentralized exchange offering perpetual futures and spot trading with cross-margin accounts. Direct competitor in onchain derivatives, though smaller scale and with prior incident history.
Broad incumbents
- Bybit: Global centralized exchange offering perps and spot trading. SynFutures investor and broad incumbent competitor; its derivatives offering dwarfs onchain venues, representing the centralized competitive benchmark.
Emerging players
- Backed Finance: Issuer of tokenized securities (stocks, ETFs) onchain. Comparable to SynFutures' RWA offering via Anchored; emerging player in tokenized equities competing for the same TradFi-onchain distribution channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SynFutures social profiles
Digital presenceSynFutures compliance and trust
Trust signalCompliance1 record
SynFutures financial estimates
Financial estimateRevenue estimate
Valuation estimate
SynFutures leadership team
Management profileNumber of profiles
Profiles1 record
SynFutures funding detail
Funding detailFunding overview
Funding rounds3 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SynFutures M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SynFutures
What does SynFutures do?
SynFutures operates an onchain trading protocol that enables permissionless trading of crypto perpetual futures and tokenized real-world assets (US stocks and ETFs). The platform combines an onchain Central Limit Order Book (CLOB) with automated settlement and self-custody wallet connectivity, allowing users to trade perpetual futures on BTC, ETH, and other assets, alongside 1:1 backed tokenized US equities through a partnership with Anchored Finance.
Is SynFutures a public or private company?
SynFutures is a private company. It is classified as venture growth investor backed and is currently operating.
When was SynFutures founded?
SynFutures was founded in 2021. It employs 11 to 50 people.
Where is SynFutures based?
SynFutures is headquartered in Singapore, Singapore, in the Asia region.
How does SynFutures make money?
Two revenue lines are on record. Trading Fees are the primary driver. The others are tokenized Asset Trading.
Who are SynFutures's main competitors?
Direct peers on record are Hyperliquid, dYdX, GMX, Aevo, Drift Protocol, Perpetual Protocol, Vertex Protocol and Mango Markets. Bybit is listed as a broad incumbent. Backed Finance is listed as an emerging player.
Does SynFutures have an API?
No public API is recorded for SynFutures.
What industry is SynFutures in?
SynFutures's product category is Decentralized Derivatives Exchange. Its primary akta.pro industry code is FSAPADAE, Derivatives Trading Venues (perps, futures, options), with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 52321 and its SIC code is 6200.