SynFutures launches perpetual contracts for gold and crude oil, supporting up to 10 times leverage

According to Foresight News, SynFutures, a decentralized derivatives exchange, launched perpetual contracts for gold (XAU/USDC) and crude oil (WTI/USDC) today, with a maximum support of 10 times leverage. SynFutures stated that this product launch provides users with a channel to participate in bulk commodities on the chain, marking its official layout in the RWA derivatives market. Affected by the geopolitical situation, gold broke through $3400 per ounce this week, and WTI crude oil fluctuated by 12%.