Decentralized derivatives project SynFutures launches "Perp Launchpad" and $1 million funding program

Decentralized derivatives startup SynFutures has launched Perp Launchpad, in conjunction with a $1 million grant program to boost new token projects on the blockchain.

Built on Ethereum L2, Perp Launchpad will allow projects to create perpetual futures markets for any asset. It also includes a vault feature to “optimize liquidity” and create returns for liquidity providers.