Decentralized Exchanges had less than 40M users by 2022-end.
Syndr plans to take the number to 100M.
Powered by
@Arbitrum
Orbit, here's our plan to onboard another 60M users to
#DeFi
by the end of 2023.
🚀 Introducing Syndr Chain ⛓️
👇
🧱 Syndr is going Modular with
@CelestiaOrg
underneath. ✨
@CelestiaOrg
's integration with
@arbitrum
Orbit is now live on testnet with working Nitro fraud proofs, enabling significant cost savings.
Meet the first L3 DEX on the first modular blockchain network. ⬇️
ICYMI: Syndr Testnet is open for Beta testers.
👉Join the waitlist to receive an invite
👉Test our network and provide feedback
🤝Invite others to jump the queue
Limited slots left⤵️
#Syndr
#testnet
Can DeFi derivatives beat
#CEX
in terms of user adoption?
Centralized exchanges could be winning right now, but we are pumped up to turn the tides.💪
@VCrizpy
unveils Syndr's domination plans to make DeFi win⤵️
In case you forgot, you have no control over your funds on centralized exchanges.🫤
Centralized exchanges are just banks in disguise.
Embrace decentralization to achieve financial freedom or be ready to be controlled by others.🤷♂️
#decentralization
We are delighted to publicly announce our pre-seed round of $500k raised in Nov. from some of the best founders & angels in the web3 space.
We are grateful for their support + everyone in our community!
Syndr Chain is:
→ an App-specific Layer3 rollup
→ Built on
@Arbitrum
w/t security rooted on
@ethereum
→ Run in partnership with
@Calderaxyz
→ Interoperable
→ 1-click on/off-boarding
→ Zero gas fees & High performance
Read more at
🎯 We’re super thrilled to announce our first-ever AMA with
@arbitrum
!
🗓️ Monday, July 17, 1:30 pm ET
We'll share some exciting updates, answer your questions & unveil a few surprises.
Don't forget to join!
Syndr Testnet is currently in invite-only access.
We're looking for:
1⃣ Beta testers who can provide feedback and help us improve the experience.
2⃣ Early Referral & Affiliate partners
To get an invite, you can sign up at
🎯 We’re super thrilled to announce our first-ever AMA with
@arbitrum
!
🗓️ Monday, July 17, 1:30 pm ET
We'll share some exciting updates, answer your questions & unveil a few surprises.
Don't forget to join!
On the other hand, a put/call ratio below 0.7 means more call options are being executed.
🔼 Anything around 0.5 or lower is a strong confirmation of bullish sentiment.
With a Focus on Liquidity,
LPs will be able to Earn on Syndr by:
✅ Providing permissionless liquidity through Syndr LP pools
✅ Making markets on the orderbook
✅ Running permissionless MM strategy vaults
Did you know that you can predict market movement using Moving Average (MA)?
👉 Draw 50 MA and 200 MA on a daily chart.
If 50 MA breaks out above 200 MA, market = bullish🚀
If 50 MA breaks out below 200 MA, market = bearish🔻
Drop a 💙 if you use MA for technical analysis.
We’re super excited to announce our first Community Call! 🦍🐙🦍
🔵We'll talk about Syndr, our plans and more, also take questions and answer all of them!
👀We have something you wouldn't want to miss out :)) (omg yes,
#POAP
)
🚨 Investors lost over $450B following the Terra-Luna Collapse.
Reason: They failed to identify the market sentiment.
Here's how the Put/Call Ratio helps you identify market sentiment accurately:
A thread. 🧵
Join the DeFi revolution with Syndr's all-in-one DEX!
🌐 Don't miss out on the opportunity to be an early supporter of the world's 1st layer3 derivatives exchange on
@arbitrum
.
Join the waitlist now to experience the whole new level and elevate your DeFi trading experience!
🎉Congrats
@SyndrHQ
team for hitting 57k+ signups on their waitlist powered by ZooTools!
🔁Syndr's all-in-one DEX for options and perps is set to revolutionize DeFi derivatives.
Get on their waitlist to get exclusive access.
The team told us they're sending a few invites soon.
📢 Q&A with the community.
🤝 Have questions about our exchange or crypto options trading in general?
Drop your queries below, and we'll answer them during our live Q&A session!
#AskUsAnything
#CryptoOptions
⏳Less than 0.2% of internet users are on DeFi.
#Syndr
is committed to catalyzing mass adoption of DeFi by offering a CEX-like experience through its DEX.
💪In case you were contemplating an entry, now is the time.
Sit on the fence, or join the show. The choice is yours!
💡Tip of the day: Never risk more than 2% of your total portfolio on a single trade.
If you ever wondered what's the ideal range to set a stop loss, this is how pro traders do it.
Do you use stop-loss orders while trading?
🤔 Wondering why we use 'call' and 'put' instead of 'buy' and 'sell' in crypto options?
Mastering the terminologies is a prerequisite for profitable trades.
Here's what you need to know about options as a beginner. 🧵
We asked crypto twitter what they wanted from their exchange.
It's ONBOARDING!
1. p2p/fiat<>crypto support for multiple countries
2. No gas
Expect
@SyndrHQ
to make some very different choices here!
Security + Ease of use = 💕
🤫 Seasoned investors won't tell you this.
But you can accurately predict market movements with Option Greeks.
🧮 Option Greeks are financial metrics that help you measure the factors affecting an option's price.
Let's demystify them further.🧵
👌The crypto fear & greed index is one of the best tools to assess market sentiment.
Here's your weekend checklist to master market sentiment:
⏺️ Keep an eye on the fear & index
⏺️ Track social mentions of projects you invest in
⏺️ Follow trending news and developments
We’re so happy to launch Twitter special ‘Learn with Syndr’ Series!
🔹We are going to help you start your crypto journey by learning the basics before diving deep into DeFi.
🔹One topic every other day. Ready? Go!
Day 1: What is Blockchain?👇
🧵1/13
You may not make profits every day, but you can definitely learn a new trading strategy every day.
What did you learn over the weekend?
#MondayMotivation
🚨High-leveraged trades are a recipe for liquidation.
🤝 Embrace diversification with the first cross-margin Layer3 on
@arbitrum
and eliminate the liquidation risk.
Get ready to experience cross-margin on Syndr!
As part of our
@ETHIndiaco
trip, we're excited to announce that we're hosting an event in BLR, alongside our frens over at
@SocketDotTech
@PolynomialFi
&
@Instadapp
We promise good company, great conversation and a lot of fun. Don't miss it 🔥
Layer 1 = Security
Layer 2 = Scalability
Layer 3 = Security + Scalability + Decentralization.
As
#Syndr
gears up to introduce the world's 1st L3 decentralized derivatives exchange, here's everything you should know about the solution to blockchain trilemma 👇
DeFi derivatives have been lagging
No users, worse UX due to slow + lagging infra & a general lack of capital-efficiency
NO liquid markets for trading options on-chain, only DOVs
CeFi has been winning the traction game
How do DeFi derivatives win? 👇
📉BTC options expiring June 2024 carry a historic low volatility premium of ~50%.
💪The demand for BTC call options continues to dominate, with the Put/Call Ratio trading between 0.42 and 0.48.
Sentiment: Bullish🚀
Volatility: Low
❌ Don't wait until you have thousands of dollars, start with a small investment.
Don't dream of mastering TA on day 1, learn one strategy at a time.
Don't aim to create generational wealth, book profits regularly.
Small wins eventually become big wins.
#WeekendMotivation
#Syndr
crypto challenge!
🕵️ Can your inner detective get this right?
Hint: It is the difference between the perpetual contract price and the spot price of a crypto.
The difference between the strike price and the current market price of an option decides your profit potential.
Options are classified into the following based on this difference:
1⃣ In-the-money
2⃣ Out-of-the-money
3⃣ At-the-money
Let's take a deep dive. 🧵
Crypto Options are hard!
Even in CeFi only
@DeribitExchange
works & has a monopoly
Retail market adoption is slow but growing
cc
@Delta_Exchange
Current Options trading use-cases are institutional
DeFi has so far ignored this market~No block-trading
Options are not optional!
This is the reason why even many centralised crypto derivatives exchanges have trouble with them.
That’s why we’re building
@SyndrHQ
Rise of L2 🤝 Increasing dominance of
@arbitrum
.
In case you thought this was a passing fad,
#Syndr
joins the party soon with the first-ever L3 on Arbitrum.
🚀 Get ready to experience the next level of DeFi.
🚀Revenue in the DeFi market is projected to reach $16.96B this year.
If you are still not making money, it's a choice.
Here's your weekend checklist to create a fortune
⏺️Educate yourself
⏺️Understand how crypto options are different from TradFi
⏺️Learn risk management
🧐Only 84 million crypto users use crypto wallets.
That's merely 20% of the global crypto users base (~420 million)
CEX or DeFi wallet, whom do you trust with your funds and why?