Partnered With:

SynFutures announces deployment of Base mainnet, launches Meme Perp Summer and sets cash and airdrop rewards

BlockBeats news, on June 19, according to official news, with the impressive data on Blast (US$90 billion in trading volume and US$63 million in TVL in 3 months after launch), the decentralized derivatives protocol SynFutures announced that it will continue to expand its market share by expanding to Base. Combining the Base Meme ecosystem and its own permissionless listing system, SynFutures launched Meme Perp Summer. Qualified selected projects can receive 3 support rewards: 1. Up to 10,000 USDC cash to purchase meme coins and launch perpetual trading pairs; 2. Project parties and coin holders can obtain future airdrop quotas when trading on SynFutures; 3. Obtain SynFutures market promotion assistance and community promotion.

According to Defillma data, since the launch of the mainnet in March, SynFutures has achieved a TVL of more than 63 million US dollars and a trading volume of more than 91 billion US dollars. Its trading volume in the past 24 hours ranks first in the derivatives track.

SynFutures previously announced that it had received 38 million US dollars in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has been audited by Quantstamp. Its Oyster AMM supports centralized liquidity similar to UniSwap V3, as well as limit order market making, and allows anyone to use any token as margin at any time, and the entire listing process can be completed within 30 seconds.

Correction/Report

RelatedRecommended

Decoding SynFutures, the Base Layer Aggregator

SynFutures brings vast opportunities to the derivatives and spot aggregation space with its leading position in the Base ecosystem, clear strategic roadmap, and rapid business growth.

With the TGE approaching, can SynFutures catch the wind from the Base Protocol ecosystem?

DeFi Revival Wave: Why We're Bullish on Base Derivatives Leader SynFutures

SynFutures is leveraging its strengths to lead a new wave of DeFi innovation, disrupting the entire decentralized derivatives space, and the reasons behind its rapid growth and future growth opportunities.

Solana VS Base, who is the Meme King in the public chain?

1. Recently, Base Chain has outperformed Solana in the field of Meme coins, and the number of new DEX trading pairs has far exceeded Solana. 2. Solana's Meme culture originated from the personal influence of founder Anatoly, while Base Chain's Meme coin culture is closely related to Coinbase. 3. In terms of user habits, Solana has created an independent system, while Base relies on the user base of Ethereum and Coinbase. 4. Solana has an inherent advantage in contract security, while Base helps users avoid contract problems through verified contract tags. 5. Base's contract deployment cost is lower, which may attract more developers, but most Meme coins currently have security vulnerabilities.

Meme logic is not suitable for Base?

Brett, the "Base mascot" who has the same origin as Pepe, seems to have brought a negative chain reaction to Base's initial user group.

On-Chain Activity