SynFutures Launches Innovative Perptual Futures platform Perp Launchpad

Recently, the digital asset derivatives trading platform SynFutures launched the Perp Launchpad platform on the Base network, creating a new model for the issuance of Perptual Futures. This innovative initiative was born against the backdrop of the current bottleneck in the growth of the PerpDEX market, aiming to explore new growth opportunities.

The Innovations of the Perptual Futures Launchpad

Perp Launchpad provides liquidity and price discovery mechanisms for emerging tracks such as Restaking and Meme tokens through ultra-low Gas fees, ultra-thin spreads, and high subsidies. The platform's main innovations include:

1. Lower the entry barriers for the Perptual Futures market.
2. Quickly establish depth through the LP incentive mechanism
3. Utilize the low Gas advantage of the Base network for rapid deployment

Taking Lido's wstETH/ETH Perptual Futures as an example, within just 2 months of its launch, it achieved a cumulative trading volume of $260 million, with a peak TVL of $918,000, attracting nearly 2,000 users.

Investor Perspective

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

• LP market making returns (annualized up to 50%+)
• Community Revenue Sharing
• Possible future token airdrops and point rewards

At the same time, the platform also provides investors with risk management tools for Restaking assets and Meme coins. However, investors should also be wary of the cyclical liquidity of the Perptual Futures market, the price fluctuations of newly launched trading pairs, and the impermanent loss risks faced by LP market making.

New Opportunities for Restaking Assets

SynFutures has partnered with leading Liquid Staking projects to provide new monetization channels for Restaking assets. This may bring the following impacts:

• More Restaking assets enter the Perptual Futures market
• LRT token liquidity enhancement
• Give birth to new Restaking derivative gameplay

It is worth noting that BTC Restaking assets are becoming the new favorites in the Perptual Futures market. For example, the performance of pumpBTC/ETH and SolvBTC/ETH Perptual Futures is particularly outstanding, with their TVL scale approaching that of mainstream trading pairs like ETH/USDC.

Performance of Meme Coin Perpetual Futures

Contrary to expectations, the performance of Meme coin Perptual Futures has been relatively flat, failing to replicate the enthusiasm of the spot market. Taking BONK/USDC and PEPE Perptual Futures as examples, their daily trading volume and market depth are both quite limited. This may be due to the following reasons:

• High risks brought by the combination of high leverage and high volatility
• The speculative nature of the Meme coin spot market has led to an imbalance in the Perptual Futures funding rate.
• LP faces a higher risk of impermanent loss

Conclusion

The Perp Launchpad platform of SynFutures essentially reshapes the issuance paradigm of Perptual Futures, opening the derivatives market for various tokens. This innovation not only lowers the issuance threshold of Perptual Futures but also facilitates the value discovery channel from Restaking "blue-chip assets" to Meme coins and other types of assets.

Although this inclusive strategy carries risks, it may be the necessary path for the Perptual Futures market to become mainstream. In the current market environment, this seemingly bold innovation might create unexpected value.