TechFlow News, November 6 — According to The Block, decentralized derivatives platform SynFutures has announced the launch of its Perpetual Contracts Launchpad (Perp Launchpad), the first platform dedicated to launching perpetual futures markets. Built on the Ethereum Layer 2 network Base, the launchpad is accompanied by a $1 million incentive program.
Since expanding to Base in July, SynFutures has generated $23 billion in trading volume, accounting for over half of all derivatives trading volume on the Base network. The new Perp Launchpad enables projects to create perpetual futures markets for any asset and optimize liquidity through liquidity pools, generating returns for liquidity providers.
SynFutures CEO Rachel Lin stated that the platform will provide new projects with financial support, liquidity, and marketing assistance. Previously, SynFutures successfully launched initiatives such as DAO Perps and Meme Perp Summer, supporting the growth of tokens like DEGEN and MEW, and has conducted pilot collaborations with projects including Lido and Solv Protocol.
