SynFutures V3 Goes Live on Base, Launches Meme Perp Summer

in #crypto3 days ago

SynFutures, the on-chain perpetual futures protocol, has launched its V3 version on Coinbase's Layer 2 network Base. This expansion allows users to trade and provide liquidity on SynFutures V3 via Base, while earning the platform's Oyster Odyssey (O_O) points.

As part of the launch, SynFutures is also kicking off "Meme Perp Summer", a six-week campaign to expand its community asset listings and reward meme communities on Layer 2. This includes listing new asset pairs such as $DEGEN/WETH, $CHOMP/WETH, $BOOMER/WETH, and $ISK/WETH, as well as liquid staking derivative (LSD) and liquid staking token (LRT) pairs.

To incentivize trading on the new platform, SynFutures is reducing the trading (taker) fee for major pairs like BTC and ETH from 3 basis points (bps) to 2 bps, and providing all traders with the highest-level VIP fee benefits during this promotional period.

Additionally, SynFutures has confirmed that the Oyster Odyssey (O_O) points earned by users on the Blast network will not be diluted by the Base launch, and the overall reward pool has been increased. Rewards distributed on Base will be separate from and in addition to those on Blast.

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