This guide provides a technical overview of the SynFutures v3 Exchange, focusing on its core innovation: the SynFutures Oyster AMM (oAMM). We'll explore how this model enables on-chain order book functionality with the capital efficiency of an AMM.
Step 1: The Problem with Traditional AMMs and Orderbooks
AMMs: Suffer from high slippage for large trades and offer limited control for liquidity providers.
On-Chain Orderbooks: Are often slow, expensive due to gas costs for every action, and can be illiquid.
Step 2: The Oyster AMM Solution
The oAMM is a hybrid model that combines the best of both worlds.
Concentrated Liquidity: LPs can provide single-sided liquidity in specific price ranges, just like in a limit order. This is the "order book" component of the SynFutures Concentrated Liquidity model.
AMM Curve: The protocol still uses an AMM curve to provide liquidity across the entire price range, ensuring trades can always be executed.
How it Works: Limit orders are treated as single-point liquidity ranges. Market orders trade against both the AMM curve and the aggregated limit orders, ensuring minimal slippage.
Step 3: Technical Advantages on Blast
Building SynFutures on Blast provides native yield for idle margin and liquidity, a feature developers can highlight in their DApp integrations. The L2 architecture also ensures low fees and fast execution times, which are critical for a seamless trading experience.
Step 4: API Access and Security
For developers looking to Trade on SynFutures programmatically, the platform offers SynFutures API Access to interact with the oAMM. The security model, a key part of answering "Is SynFutures Safe?", relies on fully audited smart contracts and the self-custodial nature of the platform.
For all smart contract addresses and API specifications, refer to the Full Official Documentation.
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