SynFutures Perp Launchpad's volume has exceeded $100M in the first week of launch.

robot
Abstract generation in progress

BlockBeats news, on November 14th, SynFutures Perp Launchpad became the industry's first Perptual Futures issuance platform focusing on the Derivatives market. It has currently launched PumpBTC, solvBTC, Virtual, Klima, Blocklords, and various MEME Tokens, with a total volume exceeding 100 million US dollars. Projects joining the Launchpad only need to provide initial Liquidity with their project Token to launch the corresponding Perptual Futures market. At the same time, SynFutures also has a $1 million incentive program to provide funding support for trading competitions, market promotion, community activities, etc., to help projects increase the activity and usability of their Token in the on-chain market. According to DeFiLlama data, SynFutures is one of the largest on-chain Derivatives trading markets. Since its launch on the Mainnet in March, the total volume has exceeded 200 billion US dollars, and it ranked first in volume just two weeks after launching on the Base network, accounting for 50% of the total Derivatives volume on the Base network in Q3. SynFutures previously announced a $38 million financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the protocol has passed the Quantstamp audit.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)