From Investing.com: 2024-06-19 16:30:38

SynFutures, a leading DeFi derivatives protocol, is expanding to Base on Coinbase’s L2 network. The “Meme Perp Summer” campaign is launched, offering a rewards pool of 100,000 USDC to meme communities driving traction on Base. The move to Base follows the success of V3 on Blast, where SynFutures ranked as the top DeFi derivatives protocol.

The multichain strategy includes supporting Blast while expanding to Base, aiming to be the go-to platform for trading trending tokens like memecoins and altcoins. V3 has seen great success on Blast, generating nearly $100 billion in volume, with over 4 million transactions and 142,000 users in just four months.

The Memecoin Perp Summer campaign runs from June 18 to July 29, focusing on rewarding emerging token projects with authentic traction. Projects can earn up to 10,000 USDC from the rewards pool, used for listing their token on SynFutures. Eligible projects must meet specific criteria, including having an ERC20 token on Base and an engaged community.

Interested token projects can participate in the Meme Perp Summer campaign by sending a direct message to SynFutures’ official account on Base. Projects must meet requirements such as having 5,000 social media followers, $100K trading volume in the last 24 hours, and a commitment to co-marketing with SynFutures. The campaign timeline includes key dates like listing eligible trading pairs and the end date on July 29.

Read more at Investing.com: SynFutures to Expand its Perp Markets to Base with New Memecoin Initiative By Chainwire