SynFutures has entered the blockchain-based derivatives exchange market, pitching decentralisation as its core strategy amid competition from existing decentralised venues and large centralised exchanges. Co-founder Mark Lee says the platform will allow permissionless token listings with minimum safety requirements, and uses a hybrid order book and AMM model. SynFutures plans to build and migrate to its own mainnet to improve speed and user experience, while keeping token governance with holders. It is initially targeting developing countries and is unavailable to U.S. users.