SynFutures Protocol
@synfuturesdefi
Flashblocks is live on @base.base.eth As a launch partner, we're integrating Flashblocks into SynFutures on day one. It's the biggest upgrade to onchain perpetual trading for retail traders and market makers. Let's explore what Flashblocks unlocks for perps on Base. 🧵
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SynFutures Protocol
@synfuturesdefi
Base's block time before implementing Flashblocks was 2 seconds. Flashblocks reduced the confirmation time by 10x using preconfirmations, bringing it down to approximately 200 milliseconds. This means your transactions are confirmed and executed almost instantly. Traders can now benefit from faster trades, tighter order fills, and reduced slippage, bringing the on-chain trading experience much closer to that of a centralized exchange.
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SynFutures Protocol
@synfuturesdefi
How do flashblocks impact market-making? Quoting tight spreads on 2-second block times was risky for MMs. The delay meant they could easily get picked off by an arbitrageur, or the price may change significantly. Consequently, most MMs either quoted wide or avoided perp on Base, a major hurdle for orderbook DEXs on Base. Besides, high latency meant high-frequency strategies were off-limits.
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