Originally published on: December 12, 2024
Mass, a leading cryptocurrency application developer, has joined forces with Synthetix to introduce a groundbreaking mobile decentralized finance (DeFi) trading app. This innovative app combines the leverage perpetuals platform of Synthetix with the convenience of on-chain trading and self-custody, all while offering the sleek design features of a centralized exchange app.
With the upcoming app, users will have the opportunity to trade perpetual futures with leverage of up to 25x, providing them with a unique trading experience in the DeFi space. Perpetual futures, also known as “perps,” offer traders the ability to buy or sell assets at a future date with no expiration, adding a layer of flexibility to their investment strategies.
According to Benjamin Celermajer, a core contributor at Synthetix, Mass’s user-friendly mobile app aims to introduce Synthetix products to a wider audience of mobile users, expanding beyond the traditional crypto community. The app features seamless onboarding, intuitive design, and convenient login options such as Apple and Google logins, making it accessible to users worldwide.
Excitingly, the app will offer on/off-ramp options via popular methods like SEPA, ACH, and credit/debit cards, making it easy for users to access the platform and start trading seamlessly. Mass plans to roll out the app in the United States, Europe, and Asia, catering to a global audience of DeFi enthusiasts.
This collaboration comes on the heels of a recent governance shakeup at Synthetix, signaling the company’s commitment to improving operational efficiency and product delivery. With strategic acquisitions like perps platform Kwenta and leveraged token trading platform TLX, Synthetix is gearing up to bring high-quality products to market and enhance the overall user experience.
Stay tuned for the official launch of Mass and Synthetix’s mobile DeFi perps trading app, as it promises to revolutionize the way users engage with decentralized finance and leverage trading in the crypto space.
