The projects will work together to expand their respective ecosystems and explore integration, taking a crucial step in SynFutures’ mission to become a multi-chain trading platform.
Cross-chain interoperability, or blockchain, refers to the ability to conduct transactions, send assets, and other activities across two or more networks. The cross-chain plays a crucial role in improving the overall user experience for DeFi projects, such as SynFutures, where users and liquidity providers (LPs) need to operate and transact on one chain at a time.
Through integration with Router, SynFutures could solve this problem for users and LPs.
“SynFutures was designed to be multi-chain, and we have made progress in rolling out to both EVM-enabled and non-EVM-enabled chains. Through our partnership with Router, we can explore new opportunities that will accelerate this process and make our platform truly blockchain-agnostic, opening our platform to new audiences across the blockchain ecosystem.
– Rachel Lin, co-founder and CEO of SynFutures
In addition to asset transfers, Router Protocol enables the flow of arbitrary messages across chains in a secure and transparent manner, thereby extending the composability of DeFi across various blockchains.
“Router Protocol is excited to help SynFutures go multi-chain and take advantage of cross-chain primitives. In an age of user fragmentation and liquidity, we are committed to helping DApps scale to multiple channels.
– Ramanai Ramachandran, CEO of Router Protocol
Today’s announcement follows SynFutures plans to deploy Optimism, a growing L2 network. Seeking to expand its multi-chain strategy, SynFutures is also preparing to release its closed V2 Alpha, which will introduce new features and updates to the trading platform.