SynFutures launched $DEGEN and $MIGGLES contract trading on Base for the first time, with the trading volume in the first month accounting for over 50% of Base's total network

News on August 1, according to Defillma data, SynFutures' trading volume exceeded $170 million in the past 24 hours, ranking first in Base network derivative trading volume and becoming one of the most active ecological projects on the Base network. At the same time, a recent report released by Messari shows that SynFutures Q2's total trading volume on Blast exceeded $98 billion, accounting for 66% of Blast's derivative trading volume. The DAO Perps project currently supported by SynFutures allows tokens from projects such as Lido, Cygnus and Bifrost to be used as collateral for transactions. Previously, SynFutures announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly and Standard Crypto. The protocol has been audited by Quantstamp.