Which L2 next?
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.
After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.
As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
Matt TFG retweeted
State of @SynFuturesDefi Q2
Key Update: launched perps markets for Oil (WTI) and Gold (XAU) with 10x leverage on Base.
QoQ Metrics 📊
• Daily unique addresses ⬆️ to 2,099+ baseline
• ETH & BTC trades ⬆️ to 86.9% market share
• Cumulative fees ⬆️ to $69.8M since March 2024
Read the full report 👇
1/ In Q2, @SynFuturesDefi expanded into real-world assets, launching perps markets on @base w/ 10x leverage for:
🛢️ Oil $WTI
🥇 Gold $XAU
powered by @PythNetwork & @chainlink oracles.
Here’s everything you need to know from the Q2 2025 SynFutures Brief on @MessariCrypto 👇
messari.io/report/state-of-s…
Matt TFG retweeted
Flashblocks is live on @Base.
As a launch partner, we've integrating Flashblocks into SynFutures!
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. 🧵
Disclaimer: This product is not available to U.S. persons or residents.
This guy @fundstrat speaks much more sense than the previous V guy. A blessing for ETH
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Matt TFG retweeted
Interesting how older DeFi protocols can reinvent themselves and re-ignite activity.
@SynFuturesDefi didn't have high activity throughout 2023. Introduce V3 and @base flashblocks, bam activity pulls a 10x.
Seeing similar things with @syrupfi, @eulerfinance, @YakaFinance, etc.
1/ Trade activity remained in line with the broader market on @SynFuturesDefi in Q1'25.
$BTC and $ETH made up 73.1% of all trades, led by $BTC at 42.6%. Altcoins made up 16.2%.
Here is how daily trade counts broke down by quote asset👇
Matt TFG retweeted
We’re pleased to announce that SynFutures (F) has been featured on Binance Alpha.
Eligible Binance users with at least 241 Binance Alpha points can claim an airdrop of 5,000 F tokens on the Alpha Events page starting at 08:00 UTC on June 15th, 2025.
Please note that claiming the F airdrop will consume 15 Binance Alpha points. Users need to confirm their claim on the Alpha Events page within 24 hours, otherwise it will be deemed that users have given up claiming the airdrop.
Additionally, we will be announcing a F trading competition with a prize pool of 49,274,000 F tokens.
Don't miss out on the opportunity to trade and win!
