Decentralized derivatives trading platform SynFutures has announced the launch of its Perp Launchpad, a platform designed to help crypto projects establish perpetual futures markets. The launchpad aims to increase trading access for lesser-known tokens, allowing users to engage with a diverse range of digital assets. Unlike most launchpads in the crypto space, the Perp Launchpad focuses specifically on perpetual futures markets, which are contracts that remain open indefinitely and are used for leveraged trading. SynFutures is also introducing a $1 million grant program to support token projects by providing financial backing, liquidity, and marketing assistance. The Perp Launchpad will operate initially on Base, an Ethereum-based layer 2 network. SynFutures has already partnered with established projects like Lido and Solv Protocol. The launchpad also offers access to a broader range of tokens for individual traders, including popular memecoins, and provides incentives such as trading competitions to encourage trader engagement.
- Content Editor ( crypto.news )
- 2024-11-05
SynFutures launches Perp Launchpad with $1m grant for new tokens