SynFutures Launches "Perp Launchpad" and $1 million Funding Program

SynFutures, a decentralized derivatives startup, has launched "Perp Launchpad", the first platform of tools designed to create a sustainable futures market that supports futures trading of any asset, including memetics. Built on the base of Ethereum Layer 2, the platform is designed to provide market liquidity and risk hedging for new projects, as well as passive rewards for liquidity providers. SynFutures also launched a $1 million grant program designed to support token demand and utility for new projects, including financial support, liquidity and marketing assistance. Since expanding to Base in July, SynFutures has accounted for more than half of the platform's derivatives trading volume.