The trading volume of SynFutures Perp Launchpad exceeded 100 million USD in its first week of launch.

The trading volume of SynFutures Perp Launchpad has surpassed 100 million USD in its first week of launch. Projects joining the Launchpad only need to provide initial liquidity using their project tokens to launch corresponding perpetual contract markets. Additionally, SynFutures has established a 1 million USD incentive program to provide funding support for trading competitions, market promotion, community activities, and help projects enhance the activity and utility of their tokens in the on-chain market. According to DeFiLlama data, SynFutures is currently one of the largest on-chain derivatives trading markets. Since the mainnet launch in March, the cumulative trading volume has exceeded 200 billion USD, and just two weeks after launching on Base, it ranked first, capturing 50% of the total derivatives trading volume on the Base network in Q3. SynFutures previously announced it secured 38 million USD in funding from top industry institutions including Pantera, Polychain, Dragonfly, and Standard Crypto, and the protocol has been audited by Quantstamp.