{"id":99020,"date":"2024-11-06T16:53:10","date_gmt":"2024-11-06T20:53:10","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99020"},"modified":"2024-11-06T16:54:10","modified_gmt":"2024-11-06T20:54:10","slug":"synfutures-launches-perp-launchpad-with-1m-grant","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/synfutures-launches-perp-launchpad-with-1m-grant\/","title":{"rendered":"SynFutures Launches Perp Launchpad with $1m Grant"},"content":{"rendered":"\n<p>The Perp Launchpad, a decentralized derivatives trading platform from SynFutures, was introduced to assist<a href=\"https:\/\/coinscreed.com\/staging\/sybil-attacks-target-cryptocurrency-airdrops-projects.html\" target=\"_blank\" data-type=\"post\" data-id=\"77080\" rel=\"noreferrer noopener\"> cryptocurrency projects<\/a> in creating everlasting futures markets.\u00a0<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231-1024x576.jpeg\" alt=\"SynFutures Launches Perp Launchpad with $1m Grant \" class=\"wp-image-99021\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">SynFutures Launches Perp Launchpad with $1m Grant <\/figcaption><\/figure>\n\n\n\n<p>According to a press release from SynFutures, the platform aims to expand trading access for lesser-known tokens, giving users additional chances to interact with various digital assets. <\/p>\n\n\n\n<p>This launchpad is unique in that it focuses exclusively on perpetual futures markets, which are a subset of <a href=\"https:\/\/www.investopedia.com\/terms\/d\/derivative.asp\" target=\"_blank\" rel=\"noreferrer noopener\">derivatives markets<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>. <\/p>\n\n\n\n<p>Perpetual futures are frequently utilized for leveraged trading because they are always open. Most launchpads in the cryptocurrency market concentrate on spot trading or <a href=\"https:\/\/coinscreed.com\/staging\/hkex-introduces-digital-asset-index.html\" target=\"_blank\" data-type=\"post\" data-id=\"98083\" rel=\"noreferrer noopener\">direct asset trading<\/a>, which also makes this one special.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">$1 Million Grant for Token Projects<\/h2>\n\n\n\n<p>SynFutures is launching a $1 million grant program to encourage token projects by offering funding, liquidity, and marketing support, assisting new projects in gaining traction and drawing users.<\/p>\n\n\n\n<p>SynFutures allows these projects to sell tokens and provide more avenues for community engagement through trading and <a href=\"https:\/\/coinscreed.com\/staging\/bitgo-to-launch-usds-stablecoin-with-rewards.html\" target=\"_blank\" data-type=\"post\" data-id=\"93712\" rel=\"noreferrer noopener\">liquidity provision<\/a> by extending access to derivatives.\u00a0<\/p>\n\n\n\n<p>The Perp Launchpad will initially run on Base, a layer 2 network based on Ethereum that enables projects to establish permanent trading pairs for their tokens. <\/p>\n\n\n\n<p>Since July 2024, SynFutures has greatly expanded its ecosystem by collaborating with well-known projects like Lido and Solv Protocol. <\/p>\n\n\n\n<p>Individual traders can also access various tokens, including <a href=\"https:\/\/coinscreed.com\/staging\/vitalik-uses-charity-to-drop-memecoins.html\" target=\"_blank\" data-type=\"post\" data-id=\"3401\" rel=\"noreferrer noopener\">well-known memecoins<\/a>, through SynFutures' launchpad. <\/p>\n\n\n\n<p>The platform provides trading competitions and other incentives to promote trader participation in on-chain derivatives markets.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Perp Launchpad, a decentralized derivatives trading platform from SynFutures, was introduced to assist cryptocurrency projects in creating everlasting futures markets.\u00a0 According to a press release from SynFutures, the platform aims to expand trading access for lesser-known tokens, giving users additional chances to interact with various digital assets. This launchpad is unique in that it [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":99021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[3878,22690,1694],"class_list":["post-99020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-grant","tag-perp-launchpad","tag-synfutures"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730925466231.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99020"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99020\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99021"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}