SynFutures announces the deployment of the Base mainnet, kicking off Meme Perp Summer and setting up cash and airdrop rewards

2024-06-20 11:22:25

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ChainCatcher news, accompanied by impressive data from Blast (900 billion in transaction volume + 63 million USD TVL in 3 months since launch), the decentralized derivatives protocol SynFutures announced that it will continue to expand its market share by extending to Base. Combining the Base Meme ecosystem and its own permissionless listing system, SynFutures launched Meme Perp Summer, where eligible selected projects can receive triple support rewards: 1. Up to 10,000 USDC in cash to purchase meme coins and list perpetual trading pairs; 2. Project teams and token holders can receive future airdrop quotas when trading on SynFutures; 3. Gain market promotion support and community outreach from SynFutures.

According to Defillma data, since launching its mainnet in March, SynFutures has surpassed 63 million USD in TVL and over 91 billion USD in transaction volume, ranking first in the derivatives sector for transaction volume in the past 24 hours. SynFutures previously announced it secured 38 million USD in funding from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the protocol has been audited by Quantstamp. Its Oyster AMM supports concentrated liquidity similar to UniSwap V3 while also allowing limit order market making, and enables anyone to use any token as collateral at any time, completing the entire listing process within 30 seconds.

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