Gold & Oil perpetuals launch on SynFutures with 10x leverage

SynFutures introduced perpetual futures for gold and oil, settled in USDC. This enables both retail and institutional traders to leverage up to 10x, expanding their trading opportunities.

The initiative is seen as a challenge to traditional finance, leveraging relatively low entry barriers. Many traders are now considering various strategies based on the recent volatility.

While liquidity remains thin, an increase in trading volume could attract institutional interest, enhancing DeFi adoption and market reliability.

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