Coin Gabbar Token

<h2 id="header-0">After the meltdown of the leading centralized crypto exchange FTX, crypto investors shifted their focus to decentralized platforms or DeFi services. As a result, several DEXs launched additional services to garner users’ interest.</h2><p>In line with this, Singapore-based decentralized exchange SynFutures releases a new upgrade to its <a href="https://www.coingabbar.com/en/crypto-blogs-details/defi-metrics-that-you-must-know" rel="noopener noreferrer nofollow">DeFi services</a>. The new upgrade includes permissionless trading and enhanced user protections in order to increase the accessibility of DeFi among retail investors.</p><p>SynFutures is a next-generation Web3 decentralized derivatives infrastructure that enables trading on anything with a price feed at any time, creating an open and trustless derivatives market.</p><p>It is the first protocol in the decentralized derivatives market to implement permissionless asset listings, which are supported by an innovative Synthetic Automated Market Making (sAMM) model.</p><h3 id="synfutures-new-v2-upgrade">SynFutures New V2 Upgrade</h3><p>According to the company, the upgrade allows &#34;traders to permissionlessly list any futures trading pairs, resulting in a greater number of options.&#34; The V2 upgrade also includes the sAMM technology, which allows liquidity providers to offer just one asset of a trading pair like a stablecoin.</p><p>In addition, the V2 upgrade includes perpetual futures, which provide traders with an experience similar to perpetual swaps on centralized exchanges. The design can be viewed as a collection of daily futures.</p><p>These features enable SynFutures&#39; perpetual futures to provide native permissionless listings, even for long-tail assets with dynamic risk profiles. Other additional features include refining the user interface with a one-click design and boosting risk-management tools.</p><p>This clearly indicates that DEXs like SynFutures are going to be the only best alternative for crypto investors to trade in the future. Since they offer customers complete ownership over their assets and are now offerings services similar to CEXs with a few key differences.</p><h4>DEX or DeFi is the future?</h4><p>After the FTX collapse, the crypto community witnessed competition between the CEXs and DEXs. Both categories of exchanges launched numerous initiatives and upgrades to garner the interest of users.</p><p>Meanwhile, there are still <a href="https://www.coingabbar.com/en/crypto-blogs-details/challenges-in-implementation-of-defi" rel="noopener noreferrer nofollow">several challenges</a> impeding the widespread adoption of DEXs or DeFi derivatives, the future seems promising as these issues are being addressed.</p><p><strong>What are your thoughts about SynFutures’ sAMM technology? Share your thoughts in the comment section below.</strong></p><p><strong>Read also: <a href="https://www.coingabbar.com/en/crypto-currency-news/fed-break-crypto-market-expectations-weeks-fed-meeting" rel="noopener noreferrer nofollow">FED Break Crypto Market? Expectations for this week&#39;s FED meeting?</a></strong></p>

DEXs Outpacing CEXs by Releasing Key Upgrades to DeFi Services

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