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Will SynFutures’ New Perp Launchpad Redefine DeFi Derivatives Markets? Coingape 05 Nov 2024

Will SynFutures’ New Perp Launchpad Redefine DeFi Derivatives Markets? 🚀

SynFutures, a decentralized derivatives trading platform, has launched the Perp Launchpad, aiming to broaden access to perpetual futures in the decentralized finance (DeFi) space. The initiative is part of SynFutures’ effort to redefine DeFi derivatives markets by making perpetual markets more accessible and central to DeFi.

The launch is supported by a significant $1 million grant program designed to assist emerging token projects. This financial backing is expected to attract and nurture new projects that wish to leverage perpetual markets. The Perp Launchpad thus aims to establish these markets as a fundamental aspect of decentralized finance.

Through these developments, SynFutures offers innovative opportunities for projects looking to harness the potential of DeFi derivatives, promising growth and expansion in the sector. The initiative coincides with a broader trend in DeFi that emphasizes inclusivity and innovation in financial instruments.

Source: coingape.com ↗