The decentralized derivatives project SynFutures launches the "Perp Launchpad" and a $1 million funding program

ChainCatcher news, decentralized derivatives startup SynFutures has launched Perp Launchpad, which is combined with a $1 million grant program aimed at promoting new token projects on the blockchain.

Perp Launchpad is built on top of Ethereum L2 and will allow projects to create perpetual futures markets for any asset. It also includes a vault feature to "optimize liquidity," generating returns for liquidity providers.