BlockBeats News, November 6th, there are new developments in the blockchain world! According to The Block, SynFutures has launched the industry's first distribution platform focused on the derivatives market on the Base network - Perp Launchpad. This platform allows project teams to easily launch perpetual contract markets by providing initial liquidity with project tokens. Isn't it convenient?
Not only that, SynFutures has also established a Perp Launchpad incentive program worth up to 1 million dollars! This program provides various bonus supports such as trading competitions, market promotion, and community activities for emerging projects, helping them gain more exposure and activity in the on-chain market. Previously, SynFutures completed pilot collaborations with projects like Lido, DEGEN, Solv Protocol, and PumpBTC on the Perp Launchpad; it seems that the potential of this platform should not be underestimated.
According to data from DeFiLlama, SynFutures has become one of the largest on-chain derivatives trading markets. Since its launch in March this year, the cumulative trading volume has exceeded 170 billion dollars! Even more surprising is that just two weeks after launching on the Base network, SynFutures' trading volume surged to first place, accounting for over 50% of the total trading volume of derivatives on Base. Such achievements are truly impressive!
It is worth mentioning that SynFutures has also secured 38 million dollars in funding from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and has passed the audit by Quantstamp. All of these provide strong assurances for the platform's security and development.
What are your thoughts on such a dynamic and promising project? Feel free to share your views in the comments section, and let’s discuss the future development trends of the blockchain industry together! 💬