According to TechFlow, along with the impressive data on Blast (90 billion transaction volume + 63mio USD TVL in 3 months after launch), the decentralized derivatives protocol SynFutures announced that it will continue to expand its market share by expanding to Base. Combining the Base Meme ecosystem and its own permissionless listing system, SynFutures launched Meme Perp Summer. Eligible selected projects can receive three support rewards: 1. Up to 10,000 USDC cash to purchase meme coins and launch perpetual trading pairs; 2. Project parties and coin holders trading on SynFutures can obtain future airdrop quotas; 3. Obtain SynFutures' market promotion support and community promotion.
According to Defillma data, since the launch of the mainnet in March, SynFutures has achieved a TVL of more than 63 million US dollars and a trading volume of more than 91 billion US dollars. Its trading volume in the past 24 hours ranks first in the derivatives track. SynFutures previously announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit. Its Oyster AMM supports centralized liquidity similar to UniSwap V3, as well as limit order market making, and allows anyone to use any token as margin at any time, and the entire listing process can be completed within 30 seconds.
