TechFlow reports that following strong performance on Blast (with $90 billion in trading volume and $63 million TVL within three months of launch), decentralized derivatives protocol SynFutures has announced its expansion onto Base to further capture market share. Leveraging Base's Meme ecosystem and its own permissionless listing model, SynFutures is launching the "Meme Perp Summer" initiative. Eligible selected projects will receive triple-tiered support: 1) Up to $10,000 in USDC to purchase meme coins and list perpetual trading pairs; 2) Allocation for future airdrops for both project teams and token holders trading on SynFutures; 3) Marketing support and community promotion from SynFutures.
According to Defillama data, since launching its mainnet in March, SynFutures has achieved over $63 million in TVL and more than $91 billion in trading volume, ranking first in the derivatives sector by 24-hour trading volume. SynFutures previously announced a $38 million funding round led by top-tier investors including Pantera, Polychain, Dragonfly, and Standard Crypto, and the protocol has been audited by Quantstamp. Its Oyster AMM supports concentrated liquidity similar to Uniswap V3, enables limit-order market making, allows any token to be used as margin at any time, and completes the entire listing process within 30 seconds.
