SynFutures Enables 10x Leverage on Trump or Harris US Election Win Prediction

According to an official announcement from SynFutures, users can leverage trade up to 10x on Polymarket's prediction market for the probability of Trump or Harris winning the US presidency. Currently, Polymarket predicts a 47% chance of Trump winning and a 52% chance of Harris winning. These contracts will settle around November 4th.

SynFutures is one of the largest on-chain derivatives trading markets. According to DefiLlama's derivatives dashboard, it ranks among the top 3 markets in terms of 24-hour trading volume. Since its mainnet launch in March, it has achieved over $170 billion in cumulative trading volume and over 9.5 million on-chain transactions. In the second quarter, SynFutures captured over 65% of the derivatives market share on Blast. After launching on Base two weeks ago, it quickly became the top platform for trading volume.

SynFutures recently announced receiving $38 million in funding from top industry institutions, including Pantera, Polychain, Dragonfly, and Standard Crypto. The protocol has been audited by Quantstamp.