SynFutures launches an innovative Perptual Futures platform in the Base ecosystem

Recently, SynFutures launched a new Perp Launchpad platform on the Base network, creating a new model for the issuance of Perptual Futures. This platform has accumulated $26 billion in trading volume on Base, capturing more than half of the market share for Perptual Futures trading in this ecosystem.

In the current market environment, the growth of the Perptual Futures trading platform is facing bottlenecks, with major participants having divided most of the profitable varieties. To seek new growth opportunities, SynFutures has chosen an innovative path.

Perp Launchpad: Simplified Perptual Futures Issuance

The Perp Launchpad provides liquidity and price discovery mechanisms for emerging sectors through a low-cost environment, efficient capital management, and generous subsidies. This platform allows users to create Perptual Futures trading pairs without permission using just one token.

The main advantages of this innovative model include:

• Reduce the market access threshold for Perptual Futures
• Quickly establish market depth through incentive mechanisms
• Utilize the low-cost advantages of the Base network for rapid deployment

Taking a well-known staking protocol as an example, its related Perptual Futures achieved a cumulative trading volume of $260 million within two months of launch, a maximum total locked value of nearly $920,000, and participation from nearly 2,000 users.

Investor Perspective: New Sources of Income and Risk Management

For on-chain investors, SynFutures offers multiple yield opportunities:

• Liquidity providers can earn annual returns of over 50%.
• Community Revenue Sharing
• Potential token airdrops and points rewards

At the same time, the platform also provides tools for investors to manage staked assets and the risks of high-risk tokens.

However, investors should also be aware of the following risks:

• The periodicity of liquidity in the Perptual Futures market
• Fluctuations in the price discovery process of newly listed trading pairs
• The impermanent loss risk faced by liquidity providers

New Applications of Staked Assets

SynFutures collaborates with major staking service providers to create new value realization channels for staked assets. This may lead to the following impacts:

• More staked assets are entering the Perptual Futures market.
• The liquidity of related tokens has further improved.
• May give rise to new staking derivative gameplay

Data shows that Bitcoin staking assets are becoming the new favorites in the Perptual Futures market. Certain Bitcoin-related Perptual Futures have performed particularly well, with daily trading volume and total locked value approaching mainstream trading pairs.

Possible reasons for this phenomenon include:

• The Bitcoin staking track is hot, and funds need hedging tools.
• The price correlation between Bitcoin and Ethereum provides a pricing benchmark for these trading pairs.
• Increased competition among staking protocols has heightened speculative demand.

Meme Coin Perptual Futures under the Long Tail Effect

Unexpectedly, the performance of Meme coin Perptual Futures has been relatively flat, failing to replicate the enthusiasm of the spot market. The daily trading volume and market making depth of major Meme coin Perptual Futures are relatively low.

This phenomenon may stem from the following factors:

• The combination of high leverage and high volatility increases risk.
• The speculative nature of the Meme coin spot market leads to unstable Perptual Futures rates.
• The higher risk of impermanent loss makes liquidity providers more cautious.

Summary

The innovation of SynFutures essentially reshapes the issuance model of Perptual Futures, opening the derivatives market for various tokens. It not only lowers the issuance threshold of Perptual Futures but, more importantly, provides an important value discovery channel for all types of assets, from staked assets to Meme coins.

This inclusive strategy, although risky, may be an inevitable path for the development of the Perptual Futures market. In the current market environment, this innovative approach might create unexpected value.