- SynFutures Perp Launchpad allow projects to set up perpetual futures markets.
- A $1M grant program helps developing projects gain awareness and liquidity.
SynFutures, a leading decentralized derivatives protocol, recently announced its groundbreaking Perp Launchpad, which is the first launchpad dedicated to derivatives markets. This new tool enables projects to establish everlasting futures markets for any local asset, creating new opportunities for trading and liquidity provision. To assist budding initiatives, SynFutures has established a $1 million Perp Launchpad Grant program to help with token listings, liquidity provision, and community promotion.
The debut comes at a time when the crypto market is experiencing a surge of memecoins and long-tail assets that are attracting the interest of regular traders. SynFutures’ Perp Launchpad intends to complement trending spot markets by providing open and efficient derivatives markets. Projects that launch on the platform can now access perpetual futures markets, giving their communities the ability to hedge risk, trade with leverage, and receive passive benefits through liquidity provision.
$1 Million Grant Program for Emerging Projects
The Perp Launchpad also brings innovative features to the on-chain derivatives area, such as coin-margined perpetual markets with single token-focused liquidity. Additionally, the platform includes a vault function that optimizes liquidity and ensures stable incentives for liquidity providers.
The Perp Launchpad will first debut on Base, a Layer 2 network that allows projects to create ongoing trading pairs for any native asset. This follows a successful pilot program with well-known projects such as Lido, Solv Protocol, and PumpBTC. SynFutures has already made a significant contribution to the growth of the Base ecosystem, accounting for more than 50% of derivatives trading volume since the launch of its V3 protocol in July 2024.
SynFutures provided $1 million to emerging projects through its Perp Launchpad Grant. Grants will give campaign support, liquidity incentives, trading promotions, and co-marketing possibilities to assist new initiatives in increasing visibility and presence in the DeFi ecosystem.
Rachel Lin, Co-Founder and CEO of SynFutures, highlighted her excitement about offering everlasting futures markets to new tokens, which will enable growth in a dynamic trading environment. Our Perp Launchpad and Grant Program enable projects to add utility and value to their coins.
SynFutures’ $1 million grant expands the opportunity for developing companies to list and thrive in the on-chain economy, cementing SynFutures’ position as a prominent player in the decentralized derivatives space.
