SynFutures Perp Launchpad's first-week trading volume has surpassed $100 million.

BlockBeats News, November 14th, SynFutures Perp Launchpad is the industry's first perpetual contract issuance platform focused on the derivative market. It has currently launched PumpBTC, solvBTC, Virtual, Klima, Blocklords, and various MEME tokens, with a total trading volume exceeding $100 million. Projects joining the Launchpad only need to provide initial liquidity using the project's token to list the corresponding perpetual contract market. At the same time, SynFutures has set up a $1 million incentive plan to provide funding support for emerging projects, including trading competitions, market promotion, community activities, etc., to help projects increase the token's on-chain market activity and utility.

According to DeFiLlama data, SynFutures is currently one of the largest on-chain derivative trading markets. Since its mainnet launch in March, the total trading volume has exceeded $200 billion. Shortly after launching Base, it ranked first in trading volume within two weeks, accounting for 50% of the total derivative trading volume on the Base network in Q3. SynFutures previously announced a $38 million funding round from top industry institutions such as Pantera, Polychain, Dragonfly, Standard Crypto, and the protocol has been audited by Quantstamp.