SynFutures, a decentralized derivatives exchange, revealed today a brand-new collaboration with layer-2 scaling platform Celer Network. Celer will bring multi-blockchain futures trading to SynFutures, allowing users to list and trade futures on any Celer Network partner chains.
Celer Network is an inter-blockchain and cross-layer interaction platform that changes how multi-blockchain dApps are developed and utilized by linking users, dApps, and chains in a smooth circulation.
Developers can construct interchain-native dApps utilizing the Celer Interchain Message (IM) SDK with effective liquidity usage, meaningful reasoning, and shared states. Users of Celer-allowed dApps will take pleasure in the advantages of a varied multi-blockchain community with the ease of a single-transaction UX from a single chain.
“With Celer IM Framework, dApp developers can focus on building and optimizing the core features of their products, while Celer IM takes care of an intuitive cross-chain user experience. We look forward to seeing how Celer IM can facilitate a native in-app cross-chain futures trading experience.”
– Rachel Lin, Co-Founder & CEO at SynFutures
SynFutures + Celer
Firstly, SynFutures combination with Celer Network will begin with the cross-chain liquidity provisioning performance allowed by a mix of Celer cBridge and Celer Interchain Message Framework.
With this, liquidity suppliers from any chain can quickly supply and handle liquidity on SynFutures from any blockchain of option without by hand bridging funds and communicating with the releasing chain.
In the future, SynFutures will deal with Celer to make it possible for cross-chain trading experiences from any blockchain. The combination will likewise present Celer Network’s growing neighborhood SynFutures growing suite of product or services readily available on its decentralized derivatives platform.
“SynFutures users are already able to list and trade any future contracts anytime; with the integration, users will be able to truly leverage liquidity from any blockchain. We are excited to support SynFutures in bringing a native cross-chain futures trading experience to their users.”
– Celer Co-Founder, Mo