PANews reported on November 6 that the decentralized derivatives platform SynFutures announced the launch of "Perp Launchpad" and a $1 million funding plan. This is the first online platform to support crypto derivatives. Perp Launchpad allows any project to launch perpetual contract trading pairs for any crypto asset, expanding its trading opportunities. SynFutures will allocate $1 million in funding to support project launches and increase their exposure in the on-chain market.