01 Exchange is incredibly excited to announce the release of the much anticipated $SYN Perpetual futures market on Solana’s premiere fully decentralized derivatives exchange. Starting today, traders will be able to long & short SYN using over 7 different collaterals, cross-collateralized and cross-margined, at 01.xyz.

About 01 Exchange

01 Exchange is a fully decentralized orderbook-based derivatives exchange on Solana, supporting perpetual futures and power perpetuals. It features an on-chain limit orderbook through a deep integration with Project Serum, cross-collateralization, powerful cross-margining, and yield-earning deposits, all without sacrificing on decentralization. To learn more about 01 Exchange, visit https://01.xyz/ or https://twitter.com/01_exchange.

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01 Exchange is thrilled to welcome UST as new collateral to the platform. All users will now be able to use it to borrow and trade on 01!

UST is the 6th supported collateral on 01 Exchange on top of USDC, USDT, SOL, BTC, and ETH. Cross collateral gives users the flexibility of choice while trading, allowing them to make their deposits and trade without having to convert their assets. Deposited collateral also accrues passive yield through 01’s automated borrow lending pools.

Deposit using any of the six supported collaterals to start trading! Solana NFTs are also now available on the platform.