SynFutures

A perpetuals protocol. Turnover and open positions are measured separately: high turnover alone does not establish lasting capital inflows.

Visit official website ↗

Direct link. No affiliate code is currently attached.

Snapshot checked 2026-09-22 · Source: DefiLlama ↗ · combined protocol profile

Volume · 24h$66.62M

Volume · 7d$548.49M

Volume · 30d$2.31B

Open interest$1.10M

TVL$3.22M

Fees · 30d—

Revenue · 30d—

Holders revenue · 30d—

Token price—

Market cap$18.15M

FDV—

FAIR VALUE

Valuation under review

Verified inputs for value capture, token supply and future unlocks are incomplete. A numerical range is not published yet.

How valuation works →

WEEKLY CHANGES

Baseline snapshot

Timestamped TVL history is available below. The weekly page compares compatible observations; volume-rank changes are not yet calculated.

View the research log →

AUTOMATED OBSERVATION / SEPARATE SCOPE

TVL · $3.18M

Fresh · Observed 2026-09-22T09:09:23Z

2026-06-25 → 2026-09-22 · Range $3.15M–$4.74M · Chart scale starts at the series minimum, not zero.

DefiLlama top-level protocol TVL; component methodology not supplied · Source ↗. This series may differ from combined-profile baseline TVL above.

RESEARCH DESK · 2026-09-22

What matters here

Evaluate fee generation and persistent open positions alongside permissionless market creation.

Team

The company’s 2023 release identifies Rachel Lin as co-founder and CEO and also names co-founder Yizhou Cao.

Primary source ↗

Investors

The same release reports a $22 million Series B led by Pantera, with SIG DT Investments and HashKey. It reported total funding of $38 million at that time.

Primary source ↗

Unlocks

The foundation announcement specifies 10 billion F. Backer/advisor and core-contributor allocations have a six-month cliff followed by 42-month vesting. Current balances require a separate onchain check.

Primary source ↗

Utility

The original design lists governance, staking-linked benefits and fee discounts. A design announcement does not establish that every feature is currently active.

Primary source ↗

Buyback

A verified recurring buyback ratio is not included in this edition.

Not verified in this edition

Listings

The F token is identified in the foundation announcement. Current exchange pairs are not yet independently verified.

Primary source ↗

What to compare next

Compare volume quality, fee economics, dilution and actual value reaching token holders. Affiliate payouts never affect rankings.

Compare all protocols →