Originally published on: December 12, 2024
Mass, a cryptocurrency application developer, is set to revolutionize decentralized finance (DeFi) trading with the launch of their mobile app. Partnering with Synthetix, the app integrates Synthetix’s leveraged perpetuals platform, offering users the ability to trade perpetual futures with up to 25x leverage.
Perpetual futures, also known as “perps,” are derivatives that allow traders to buy or sell assets at a future date with no expiration. This innovative app combines on-chain trading and self-custody while incorporating the design features of a centralized exchange, making it user-friendly for both beginners and experienced traders.
According to Benjamin Celermajer, a Synthetix core contributor, “Mass’s simple onboarding and intuitive mobile app will expand the reach of Synthetix products to a broader audience of mobile users, beyond just crypto natives.”
Key features of the Mass mobile app include Apple and Google logins, first sponsored transactions, a crosschain gas tank, and various on/off-ramp options like SEPA, ACH, and credit/debit cards. The app will be available in the United States, Europe, and Asia, catering to a global audience of traders.
In recent months, Synthetix has undergone a governance shakeup to improve operational efficiency and product marketing reach. With the acquisition of perps platform Kwenta and leveraged token trading platform TLX, Synthetix is focused on delivering high-quality products to the market.
As Synthetix reorganizes as a foundation, they aim to streamline their business activities and enhance their capabilities, ensuring seamless partnerships and operational success.
Don’t miss out on this exciting opportunity to trade DeFi perps with ease using the new Mass mobile app in partnership with Synthetix. Stay informed on the latest developments in the world of decentralized finance with our Finance Redefined newsletter. Subscribe today to make smart decisions confidently in the ever-evolving crypto landscape.
