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