SynFutures unveiled the Perp Launchpad, allowing perpetual futures markets for any assets, fostering innovation as memecoins rise.
Innovations in DeFi with Perp Launchpad
SynFutures, a leading decentralized derivatives protocol, unveiled its Perp Launchpad, a product allowing projects to launch perpetual futures markets for any native asset, enhancing token demand and utility. It also supports coin-margined perp markets with concentrated liquidity and a vault feature to optimize liquidity.
Launching on Base Platform
The Perp Launchpad will be initially launched on the Base platform, allowing projects to launch perp trading pairs for any native asset on the rapidly growing L2 network. Since its V3 launch in July 2024, SynFutures accounts for over 50% of the total derivatives trading volume on Base.
A $1 Million Grant Program
To support emerging projects, SynFutures has allocated $1 million through the Perp Launchpad Grant. Projects can receive support in the form of campaign aid, liquidity provision, and trading incentives, alongside marketing assistance. Founder quote: "Providing access to derivatives markets for emerging tokens is crucial," said Rachel Lin, co-founder of SynFutures.
The launch of SynFutures' Perp Launchpad offers new opportunities for projects and traders, expanding perpetual futures trading capabilities.
