{
  "schemaVersion": 1,
  "id": "synfutures",
  "version": "1.0.0",
  "name": "SynFutures",
  "reviewedAt": "2026-10-14",
  "reviewIntervalDays": 14,
  "reviewer": "Decentralised News editorial research",
  "evidenceType": "provider_documentation",
  "liveTested": false,
  "summary": "SynFutures combines onchain orderbook and AMM liquidity for perpetuals. The reviewed tutorial distinguishes available balance, position margin and liquidity positions that can become trading exposure.",
  "scope": "Provider-documentation review of SynFutures perpetual trading. Not a live execution test, exhaustive product inventory, security audit or individual eligibility assessment.",
  "decisionTitle": "Know which position remains after you exit liquidity.",
  "decisionContext": "Scope: documented perpetual trading and the adjacent liquidity-exit workflow. Tokenized stocks, ETFs and spot aggregation are separate products and are not assessed here.",
  "sources": [
    {
      "id": "overview",
      "name": "SynFutures product introduction",
      "url": "https://docs.synfutures.com/",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "tutorial",
      "name": "SynFutures written tutorial",
      "url": "https://docs.synfutures.com/tutorials/written-tutorial",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "fees",
      "name": "SynFutures April 2024 fee-tier announcement (historical)",
      "url": "https://blog.synfutures.com/v3-update-introducing-fee-tiering-and-institutional-tools/",
      "reviewedAt": "2026-10-14"
    }
  ],
  "networks": [
    {
      "id": "synfutures",
      "name": "SynFutures perpetual trading (review scope)",
      "collaterals": [],
      "collateralNote": "The tutorial distinguishes stablecoin-margined and coin-margined pairs. Its USDC deposit example is not a complete current collateral or network list."
    }
  ],
  "claims": [
    {
      "id": "product",
      "question": "Does the same product rule cover every asset on the site?",
      "label": "Provider-reported",
      "finding": "The introduction separates the Perps Engine from an RWA offering integrated with Anchored. Perps combine orderbook and AMM liquidity.",
      "consequence": "Identify the actual product before comparing custody, execution or asset rights. A perpetual is not direct ownership of its underlying.",
      "sourceIds": [
        "overview"
      ]
    },
    {
      "id": "collateral",
      "question": "Can one deposit example establish all supported collateral?",
      "label": "Provider-reported",
      "finding": "The tutorial distinguishes stablecoin and coin-margin markets, then illustrates a USDC deposit.",
      "consequence": "Verify the selected pair and network; the example is not a universal supported-token list.",
      "sourceIds": [
        "tutorial"
      ]
    },
    {
      "id": "execution",
      "question": "What belongs in the order-cost check?",
      "label": "Provider-reported",
      "finding": "The trading tutorial exposes margin required, price impact, estimated trade value and trading fee before confirmation.",
      "consequence": "Compare executable quotes at the intended size, including exit and holding costs. DN has not measured fills.",
      "sourceIds": [
        "tutorial"
      ]
    },
    {
      "id": "rebates",
      "question": "Is a fee discount necessarily credited at execution?",
      "label": "Historical provider statement",
      "finding": "The April 2024 V3 fee-tier announcement described discounts paid in margin tokens in the following month. This review does not establish that those program terms remain current.",
      "consequence": "Confirm the current program and payout conditions. A later rebate should not be presented as an immediate fee reduction or guaranteed return.",
      "sourceIds": [
        "fees"
      ]
    },
    {
      "id": "liquidity",
      "question": "Does removing liquidity finish the exit?",
      "label": "Provider-reported",
      "finding": "The tutorial describes removal as conversion into a trading position, followed by a separate close. It distinguishes removal price from liquidation price.",
      "consequence": "Check for remaining directional exposure after removal. Liquidity provision is not equivalent to a cash deposit.",
      "sourceIds": [
        "tutorial"
      ]
    },
    {
      "id": "margin",
      "question": "Is available balance interchangeable with position margin?",
      "label": "Provider-reported",
      "finding": "The guide treats position-margin transfers and withdrawals from account balance as separate operations.",
      "consequence": "Confirm what remains committed before withdrawing. Published workflow descriptions do not establish live withdrawal speed.",
      "sourceIds": [
        "tutorial"
      ]
    }
  ],
  "illustration": null,
  "unknowns": [
    "Current executable quotes and all-in holding costs",
    "Independent fill, stop-loss and withdrawal reliability",
    "Live signing permissions and revocation behaviour",
    "Individual eligibility and current regional restrictions"
  ],
  "history": [
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial documentation brief. Account-specific conditions and evidence limits are preserved in this version."
    }
  ],
  "reviewTriggers": [
    "Changed official product, fee or margin documentation",
    "A substantiated correction",
    "The 14-day editorial review deadline"
  ],
  "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This brief contains no trading CTA or payout-based ranking. A documentation review does not establish current operational status or user eligibility."
}
