SynFutures has launched perpetual contracts for the probability of winning the U.S. election, with Trump's chance of being elected president currently at 47%

According to ChainCatcher news, SynFutures has launched a perpetual contract for the probability of winning the U.S. presidential election, allowing users to leverage up to 10 times on the Polymarket prediction market for either Trump or Harris winning the presidency. Currently, the probability of Trump winning the presidency on Polymarket is 47%, while Harris's probability is 52%. The settlement for the aforementioned contract market will take place around November 4.

It is reported that SynFutures is currently one of the largest on-chain derivatives trading markets. According to DefiLlama's derivatives data dashboard, its trading volume in the past 24 hours ranks in the top 3 of the market; since its mainnet launch in March, the cumulative trading volume has exceeded $17 billion, with over 9.5 million on-chain transactions; in the second quarter, its market share in Blast's derivatives market exceeded 65%, and it ranked first in trading volume just two weeks after launching on Base. SynFutures previously announced that it secured $38 million in funding from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the protocol has been audited by Quantstamp.