BTSE to List SynFutures ($F)

Written by BTSE

January 9, 2025

BTSE will list SynFutures ($F) on January 10, making it available for spot trading. Additionally, $F will be listed on BTSE’s wider ecosystem of 20+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade $F via the F/USD, F/USDT, and F/USDC trading pairs.

Key Dates:

  • Deposits enabled: 12:00PM (Singapore Time) on January 10, 2025
  • Trading enabled: 5:00PM (Singapore Time) on January 10, 2025  
  • Withdrawals enabled: 4:00PM (Singapore Time) on January 13, 2025 

 

What is the $F Token?

The $F token is the native utility token of the SynFutures platform, a leading decentralized derivatives marketplace built on Ethereum. Designed to support and enhance the SynFutures ecosystem, $F plays a critical role in enabling decentralized governance, incentivizing network participation, and offering practical benefits to users. As the cornerstone of SynFutures’ mission to democratize derivatives trading, $F empowers its holders with the ability to shape the platform’s future while enjoying exclusive benefits within the ecosystem.

$F Tokenomics

The $F token is structured with a total supply of 10 billion tokens, ensuring ample distribution across the platform’s ecosystem and user base. As of January 2025, approximately 1.3 billion $F tokens are in circulation, with a market capitalization of around $69.6 million and a current price of $0.05327. To promote user engagement and reward loyal participants, 28.5% of the token supply is allocated to the community. This includes initiatives such as the Season 1 Airdrop, where 7.5% of the total supply was distributed to early adopters, active traders, and community contributors. The tokenomics strategy ensures a balance between incentivizing early users and maintaining long-term sustainability for the platform.

$F Token Use Cases

The $F token offers a variety of utilities within the SynFutures ecosystem, making it an essential component for platform users and community members:

  1. Governance: $F holders can vote on key proposals, influencing the platform’s development and policy decisions. This ensures a decentralized and community-driven approach to decision-making.
  2. Staking Rewards: By staking $F tokens, users can earn rewards, promoting active participation and enhancing network security.
  3. Fee Discounts: $F tokens can be used to reduce trading fees within the platform, offering cost-saving benefits to active traders.
  4. Ecosystem Expansion: As SynFutures integrates new features like spot markets, asset issuance, and wealth management services, the $F token will remain central to the platform’s growth and usability.

These use cases ensure that $F is not just a governance or staking token but also a key enabler of SynFutures’ long-term vision of creating a full-stack on-chain financial infrastructure.

Trade $F on BTSE today.

Deposit/trade $F tokens on the BTSE website or mobile app here.
For more information, visit F’s official website and whitepaper.
Trade on the go — download the BTSE mobile app (iOS/Android).

 


Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at support@btse.com or on X @BTSE_Official.

Disclaimer: BTSE blog content is intended solely to provide varying insights and perspectives. It does not constitute financial, legal, or investment advice and should not be relied upon as such. The views expressed are not necessarily those of BTSE. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Trading involves substantial risk due to market volatility, and past performance is not indicative of future results. Always trade with caution and consider seeking advice from a qualified professional before making any financial decisions.

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