The Ledgend’s Post

SynFutures launches Perp Launchpad with $1m grant for new tokens - https://lnkd.in/ezgVECw7 #cryptocurrency #bitcoin #news #affiliateprogram #affiliatemarketing SynFutures, a decentralized derivatives trading platform, has launched its Perp Launchpad, designed to help crypto projects establish perpetual futures markets. The platform’s objective is to increase trading access for lesser-known tokens, offering more opportunities for users to engage with a diverse range of digital assets, according to a SynFutures press release. Introducing SynFutures Perp Launchpad + a $1,000,000 Grant 🎉This is the first ever crypto derivatives launchpad. Now, any project can launch perpetual futures trading pairs for any crypto asset.Additionally, SynFutures is allocating $1 million Perp Launchpad Grant to support… https://lnkd.in/eUJhBAc6 SynFutures (@SynFuturesDefi) November 5, 2024 This launchpad stands out as it specifically focuses on perpetual futures markets, a type of derivatives market. Perpetual futures are contracts that remain open indefinitely and are often used for leveraged trading. This launchpad is also unique because most launchpads in the crypto space focus on spot trading, or direct asset trading. $1 million grant for token projects As part of the initiative, SynFutures is introducing a $1 million grant program to support token projects by providing financial backing, liquidity, and marketing assistance, helping new projects increase visibility and attract users. By expanding derivatives access, SynFutures enables these projects to list tokens and offer additional ways for communities to engage through trading and liquidity provision. Initially, the Perp Launchpad will operate on Base, an Ethereum (ETH)-based layer 2 network, allowing projects to create perpetual trading pairs for their tokens. SynFutures has already partnered with established projects like Lido and Solv Protocol, significantly growing its ecosystem since July 2024. SynFutures’ launchpad also caters to individual traders, giving access to a broader range of tokens, including popular memecoins. The platform offers incentives to encourage trader engagement in on-chain derivatives markets, such as trading competitions. Source link

Today the Superchain celebrates the launch of Kraken Digital Asset Exchange's Ink live on Mainnet! Ink is an Ethereum Layer 2, powered by the OP Stack and purpose-built to bring Kraken’s massive global user base onchain. Launching months ahead of schedule, Ink’s accelerated timeline is a testament to the developer community’s palpable enthusiasm for the rollout. In just weeks, Ink’s testnet amassed millions of transactions from hundreds of thousands of wallets. Now live on Mainnet as part of the Superchain, Ink will participate in Optimism governance, dedicate revenue back to the Collective, and support core development of the OP Stack. Mainnet is just the beginning, and Optimism is proud to work with Ink to onboard new developers, power the next wave of DeFi innovation, and continue to bring Ethereum to the world. Read more here: https://lnkd.in/gZR76tYU

Exploring the world of decentralized exchanges (DEXs) can be both exciting and daunting. As I delved deeper into understanding how these platforms work, I stumbled upon SushiSwap, a prominent player in the DeFi space. For anyone else looking to demystify DEX functionality, I found a comprehensive article that breaks down SushiSwap's workings in a clear and concise manner. Check it out here: https://lnkd.in/gZmeZKkM #DeFi #SushiSwap #DEX #web3

While many well-established DeFi projects like Uniswap, Aave, and SushiSwap continue to make waves, I’ve recently come across an emerging project that’s showing strong potential called #Puffer. Puffer is a decentralized native liquid restaking protocol (nLRP) built on EigenLayer, offering a highly efficient solution for restaking assets. What makes it particularly noteworthy is its real-world use case, addressing the growing need for flexible and decentralized restaking mechanisms. This sets it apart in the crowded DeFi landscape. Moreover, with a total token supply of just 1 billion, Puffer stands out for its scarcity in an era where many new projects are issuing significantly higher supplies. Additionally, 7.5% of the tokens have been allocated for an airdrop, with another 20% reserved for early contributors and advisors. For those who missed the initial airdrop, there are still opportunities to earn Puffer tokens through various exchange events. Platforms like #Bitget are offering events such as PoolX, Launchpool, and CandyBomb, making it easy for participants to accumulate tokens and engage with the ecosystem. Puffer is still flying under the radar, but with its strong use case and strategic approach to token distribution, it’s a project worth watching. If you're looking to diversify within the DeFi space, this could be one to keep an eye on.

The latest DeFi developments SEC Commissioner admitted their approach to crypto has been a disaster ➣ Gary Gensler unfit to do the job? Hyperliquid introduced its token $HYPE ➣ The most successful Perp DEX finally dropping a token without VC money. Hyperlane introduced Superlane - an interoperability layer that aims to connect Optimism Superchain L2s ➣ Also watch out for the Hyperlane airdrop which could be printing nicely. Sonic (prev. Fantom) announced the upcoming deployment of Pendle on Sonic ➣ Pendle is one of the most successful DeFi projects this cycle. Aethir Cloud released a $100M ecosystem fund for AI and gaming ➣ Gaming getting traction with the success of Off The Grid. Will a narrative rotation take place? Mantle's Methamorphosis S1 Airdrop Campaign concluded and the MNT Buildathon was announced. 15% of the COOK token supply is allocated to the Methamorphosis S1 airdrop ➣ Could be one of the last good Eigenlayer LRT airdrops. Pancakeswap introduced PancakeSwapX, a DEX aggregator that comes with MEV protection Solv Protocol, a decentralized BTC reserve, raised $25M in total funding ➣ BTCFi is gaining traction. Great farming opportunities after Eigenlayer. Fuel Labs launched Fuel Ignition, a high-performance Ethereum L2. Fuel enables parallel execution to achieve higher scalability Ethena’s proposal to onboard SOL as a USDe backing asset went live That's all in DeFi this week. Credits: @TheDeFinvestor on X. Opinions are my own. #defi

Exciting Developments: XROCK Now on STON.fi and STON on xRocket We’re thrilled to announce two major updates in the crypto world! The XROCK token by @xRocket_tg is now available for trading and providing liquidity on STON.fi. At the same time, the STON token has made its debut on xRocket, expanding its reach in the crypto ecosystem. XROCK Token on STON.fi STON.fi, a leading platform for decentralized trading, now supports the XROCK token. This allows users to trade XROCK and provide liquidity, enhancing the token’s accessibility and utility within the DeFi space. XROCK, the utility token of xRocket, can be leveraged for various benefits, including trading and liquidity provision on STON.fi. STON Token on xRocket In another exciting development, the STON token is now listed on xRocket. xRocket is a pioneering wallet that integrates a centralized exchange (CEX) directly within Telegram. This innovative platform offers users the ability to store and exchange tokens, execute trades with limit orders, and access a P2P market. The inclusion of STON on xRocket enhances its availability and usability, providing more options for trading and interaction within the xRocket ecosystem. About xRocket xRocket is a groundbreaking platform that combines the functionalities of a wallet and a centralized exchange within Telegram. It allows users to manage their tokens efficiently, engage in trading with advanced order types, and participate in a peer-to-peer market. The XROCK token, integral to the xRocket project, provides additional benefits, including discounts on listing fees for tokens. These updates signify a major step forward in the integration and accessibility of these tokens across multiple platforms. Stay tuned for more developments and explore the new trading opportunities available with XROCK on STON.fi and STON on xRocket. Discover and engage with these exciting new options today! 🚀💎

This is what $2B in Total Value Locked (TVL) looks like. 🤩 Three months after we hit the $1B mark, the thriving DeFi ecosystem on Sui doubled in TVL. In particular, recently announced and launched stablecoins, wallets, and lending protocols have sparked huge growth on Sui. Industry giants like Grayscale, VanEck, and Franklin Templeton have also given Sui a significant boost. Each institution recently incorporated SUI into their investment products, expanding accessibility to millions. Beyond more traditional finance, Sui continues to highlight its utility across a variety of sectors. In the last year alone, we’ve powered projects with MLS, ATP, and ONE Championship. Plus, in September, we revealed the SuiPlay0X1, our first foray into gaming. 🎮 While the Sui journey is still just beginning – we want to be sure to give a special shout out to the passionate, energetic Sui community for helping fuel these milestones. 🙏 We can’t wait to continue working to push the industry forward in 2025. 💪 https://lnkd.in/geTeE997

Crypto exchange D8X is set to introduce a groundbreaking tool that will allow users to engage in leverage trading of Polymarket contracts. This innovative move aims to enhance adoption and liquidity within the decentralized prediction market platform. With this integration, D8X users will gain access to Polymarket’s event-driven contracts, enabling them to speculate on various […]

Crypto exchange D8X is set to introduce a groundbreaking tool that will allow users to engage in leverage trading of Polymarket contracts. This innovative move aims to enhance adoption and liquidity within the decentralized prediction market platform. With this integration, D8X users will gain access to Polymarket’s event-driven contracts, enabling them to speculate on various […]