**New Blockchain News: SynFutures Launches Leveraged Trading of Trump and Harris Prediction Markets**
Hello everyone, today we are going to talk about the latest news in the blockchain industry! 🎉
According to the latest news from BlockBeats, SynFutures officially announced that users can now use up to 10x leverage on the Polymarket prediction market to trade the odds of Trump or Harris being elected president. Currently, Polymarket shows that the probability of Trump's election is 47%, while the probability of Harris's election is 52%. These contract markets are expected to settle around November 4.
**SynFutures: A Giant in On-Chain Derivatives Trading**
SynFutures is currently one of the largest on-chain derivatives trading markets. According to DefiLlama data, SynFutures ranks among the top three in the market in terms of trading volume in the past 24 hours. Since the launch of the mainnet in March this year, the cumulative trading volume has exceeded US$170 billion, and the number of on-chain transactions has exceeded 9.5 million. In the second quarter, it accounted for more than 65% of the derivatives market share in Blast, and ranked first in trading volume two weeks after the launch of Base.
**Funding and Security**
SynFutures previously announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto. In addition, the protocol has passed the audit of Quantstamp, and its security is guaranteed.
**Market View**
The prediction market leverage trading launched by SynFutures this time undoubtedly provides users with more investment options and opportunities. Whether you are optimistic about Trump or Harris, you can use leverage trading to amplify your returns. Of course, leverage trading also comes with higher risks, so everyone must be cautious when investing.
**Interaction Time**
What do you think of the leverage trading launched by SynFutures this time? Will you choose to support Trump or Harris? Welcome to share your views and predictions in the comment area! Let's discuss together!
I hope everyone likes today's news, remember to follow us to get more latest developments in the blockchain industry!