According to ChainCatcher, SynFutures has launched a perpetual contract for the US presidential election, and users can use up to 10 times leverage to trade the Polymarket prediction market odds of Trump or Harris being elected president. Currently, the probability of Trump being elected president on Polymarket is 47%, and the probability of Harris being elected president is 52%. The above contract market will be settled around November 4.
It is reported that SynFutures is one of the largest on-chain derivatives trading markets. According to the DefiLlama derivatives data dashboard, its trading volume in the past 24 hours ranks among the top 3 in the market; at the same time, since the launch of the mainnet in March, the cumulative trading volume has exceeded 170 billion US dollars, and the number of on-chain transactions has exceeded 9.5 million; in the second quarter, the derivatives market share in Blast exceeded 65%, and the trading volume ranked first two weeks after the launch of Base. SynFutures previously announced that it had received US$38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit.