SynFutures (F) Surges Over 89% as Upbit Announces Token Listing

SynFutures (F) has emerged as one of the top gainers, despite the general downturn in the broader crypto market. The token has experienced a remarkable surge of over 89% in the past 24 hours. 

According to data from CoinGecko, the token saw its price surge from approximately $0.009 to over $0.02 in just one day. Notably, while the token has shed some of its gains and is currently trading at $0.14 at press time, trading activity has only continued to spike. CoinGecko data reveals that $F’s trading volume is currently above $204 million, highlighting strong investor interest. 

Upbit Listing Sparks Massive Price Rally

The rally was primarily attributed to F’s recent listing on Upbit, South Korea’s largest cryptocurrency exchange. The exchange announced on October 21 that it’ll add support for the F token on its Korean Won (KRW) and USDT markets. Trading was scheduled to begin at 16:00 KST. 

We’re thrilled to announce that $F is now listed on @official_Upbit spot (KRW).

Thank you to our incredible Korean Community! 🇰🇷 https://t.co/1Pv0TXIScX

— SynFutures (@SynFuturesDefi) October 21, 2025

Upbit restricted all types of orders on the F/KRW and F/USDT trading pairs except limit orders within the first two hours. Additionally, the exchange encouraged users to ensure that they send their transactions to the Ethereum network, as any mistakes will result in the permanent loss of funds. 

Moreover, this latest listing marks a significant milestone for the decentralized derivatives platform, igniting a wave of investor interest. Investors’ reaction to the listing announcement was immediate, resulting in the price increase.

Interestingly, this surge mirrors previous instances where Upbit listings have led to substantial price increases for other tokens. The exchange’s extensive user base and robust trading infrastructure provides $F with enhanced liquidity and visibility.

Further boosting the hype surrounding the $F token is the upcoming Bithumb listing tease. On October 17, SynFutures made a cryptic tweet hinting at an impending listing on Bithumb, one of South Korea’s largest cryptocurrency exchanges. Although details remain scarce, a potential listing on Bithumb could further enhance $F’s liquidity and exposure in the Asian market. 

prepping the new $F special, soon on the menu @BithumbOfficial pic.twitter.com/WaQgLpHVSD

— SynFutures (@SynFuturesDefi) October 17, 2025

What Is SynFutures?

SynFutures is a decentralized exchange (DEX) specializing in perpetual futures contracts. Built on the Base network and compatible with multiple EVM-based chains, SynFutures enables users to trade a wide array of assets with leverage in a trustless environment. 

Unlike traditional centralized platforms, SynFutures employs a hybrid Automated Market Maker (AMM) and on-chain order book model, known as the Oyster AMM. This order book model enables the platform to facilitate efficient and secure trading. 

The platform also provides users with a system that aggregates liquidity across spot trading, perpetuals, and wealth management. This offers users seamless access to various financial instruments 

Meanwhile, SynFutures’ native token, $F, serves multiple purposes within the ecosystem, including governance, staking, and incentivizing liquidity providers. With a total supply of 10 billion tokens, $F plays a crucial role in the SynFutures ecosystem. 

SynFutures Boosts Community Engagement 

To keep users and investors engaged, SynFutures launched a community-based campaign on its Discord channel dubbed Trail of Champions. Unlike one-off events, Trail of Champions is a continuous weekly competition that allows SynFutures users to engage with the community and earn rewards.

To participate, users join the Discord channel and rack up points by sharing tweets, memes, videos, feedback on SynFutures features or trading tips, and much more. Each activity carries different points, ranging from 200 points for memes, tweets, and images, to 500 points for high-quality feedback on SynFutures features.

The most active contributors are rewarded with weekly USDC prizes. Every week, the platform refreshes the leaderboard, and the top five champions win 10 USDC each. 

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