The Pearl Press Issue 32

🎲 Base Gets Gas Money

By SynFutures
Nov 7, 2024, 2:30 PM
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SynFutures reports strong growth with cumulative volume reaching $190B and weekly volume of $3.​42B.​ Platform sees 38,856 active users and 11.​68M total transactions.​

New listings include:

  • $LRDS: First ERC-20 token for gas fees on Base
  • $ai16z: AI version of Marc Andreessen
  • $GOAT: New perpetual futures pair

Active campaigns:

  • $10,000 LRDS trading competition
  • $22,222 BONSAICOIN rewards
  • $20,000 KlimaDAO trading rewards
  • Base Bonanza ecosystem event

Visit info.​synfutures.​com for detailed statistics.​

Sources
Read more about SynFutures

SynFutures Announces Exit from Blast Network

SynFutures is discontinuing operations on the Blast network effective April 15, 2025, at 08:00 UTC. Despite achieving status as the #1 perpetual DEX with over $180B in trading volume, the platform is strategically shifting focus to Base and other chains. Key achievements on Blast: - Leading perpetual DEX position - $180B+ trading volume - Successful permissionless pairs implementation - Strong community engagement **Important:** Users must close positions and withdraw liquidity before the deadline. For more details: [Read the full announcement](https://knowledgehub.synfutures.com/were-sunsetting-support-for-synfutures-on-blast-a-new-chapter-ahead/)

SynFutures Launches Asymmetric Ranges for Liquidity Pools

SynFutures has released a significant update to their concentrated liquidity pools, allowing liquidity providers to set custom asymmetric price ranges on both ends when creating pool positions. The platform continues to expand with new trading competitions, including a $10,000 LRDS rewards pool and Base Bonanza campaign. The protocol also announced a partnership with Bybit for their upcoming F token launch. Weekly stats show continued growth with substantial trading volume and user engagement.

SynFutures Launches First Perp Launchpad with $1M Grant

SynFutures has introduced the industry's first Perpetual Futures Launchpad, marking a significant development in DeFi infrastructure. The initiative includes: - $1M grant program to support innovative projects - Partnership with notable projects including degentokenbase, MewsWorld, LidoFinance, and SolvProtocol - Launch of $DEGEN/ETH perpetual market with 10x leverage - Special rewards program offering 200x boosted points for first 7 days The platform aims to foster innovation and create more efficient DeFi markets through strategic partnerships and incentive structures.

Meme Perp Carnival Concludes with Reward Distribution

The Meme Perp Carnival, hosted by SynFutures, has successfully concluded. Rewards have been distributed to all participating communities, including @buildtokenbase, @BoomerOnBase, @Condo_Base, @MrMigglesOnBase, and @MogCoinEth. Highlights: - @buildtokenbase, @MogCoinEth, and @MrMigglesOnBase emerged as the top 3 memecoins by TVL and trading volume. - A complete list of winners is available for viewing. Participants are encouraged to stay tuned for future events from SynFutures.

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