SynFutures has launched a perpetual contract for the US election victory rate. The current probability of Trump being elected president is 47%.

Mars Finance reported that according to the official announcement of SynFutures, users can use up to 10 times leverage to trade the Polymarket prediction market odds of Trump or Harris being elected president. Currently, the probability of Trump being elected president on Polymarket is 47%, and the probability of Harris being elected president is 52%. The above contract market will be settled around November 4.

SynFutures is one of the largest on-chain derivatives trading markets. According to the DefiLlama derivatives data dashboard, its trading volume in the past 24 hours ranks among the top 3 in the market; since the launch of the mainnet in March, the cumulative trading volume has exceeded 170 billion US dollars, and the number of on-chain transactions has exceeded 9.5 million; in the second quarter, its market share in Blast's derivatives market exceeded 65%, and its trading volume ranked first two weeks after its launch on Base. SynFutures previously announced that it had received $38 million in financing from top industry institutions such as Pantera, Polychain, Dragonfly, and Standard Crypto, and the agreement has passed the Quantstamp audit.