SYN
$0.05

Synapse (SYN) Price

$0.05

Synapse (SYN) Price Today

The live price of Synapse is 0.05 USD. In the past 24 hours, the trading volume of Synapse was 1,412,984.32 USD, down by -3.49%. The current price has decreased by -14.41% from its 7-day high of 4.92 USD, and increased by 0.05% from its 7-day low of 0.05 USD. With a circulating supply of 250,000,000.00 Synapse, the market cap of Synapse is currently 29,661,237.00 USD, down by 0% in the last 24 hours. Synapse currently ranks #1457 by market capitalization among cryptocurrencies.

Synapse (SYN) Market Data

Market Cap
$11.7M
24h Volume
$1.4M
Circulating Supply
219M SYN
Maximum Supply
250M SYN
Fully Diluted Market Cap
$13.4M
Liquidity Indicator
12.03%
About
Rate
Leaderboard
FAQ

About Synapse (SYN)

How can I buy Synapse (SYN)?

Buying Synapse (SYN) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Synapse (SYN) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy SYN Guide for more information.

What Is Synapse (SYN) and How Does It Work?



Synapse is a cross-chain interoperability protocol designed to enable secure asset transfers and smart contract communication across 15+ blockchains, including EVM and non-EVM networks like Ethereum, Avalanche, and BNB Chain, making it easier for developers to build unified cross-chain applications such as DEXs, lending platforms, and yield aggregators. It leverages liquidity pools and stableswap algorithms for bridging, supporting canonical token bridging for wrapped assets and liquidity-based bridging for native assets, while its generalized messaging system allows arbitrary data transfer, including smart contract calls, for seamless dApp deployment across chains. At its core, Synapse uses optimistic verification inspired by protocols like Celo’s Optics for efficient validation, with transaction fees in SYN powering the network and DAO governance enabling community-driven upgrades. Fully compatible with Ethereum-style tools, it fosters interoperability through secure bridges and messaging, reducing fragmentation in DeFi by aggregating liquidity and enabling programmable cross-chain interactions.

When Did Synapse Launch?


Synapse originated from early cross-chain research, evolving from the NRV token migration at a 1:2.5 ratio to SYN, with initial development focusing on bridging solutions. The mainnet launched on December 15, 2020, built on Ethereum and BNB Smart Chain, marking its entry as a key interoperability player. Key milestones include the 2021 expansion to Avalanche and Polygon, the 2022 addition of generalized messaging for smart contract calls, and integrations with Fantom and Arbitrum. In 2023, it raised funding from investors like Alameda Research and Three Arrows Capital, while 2024 saw over 15 chain supports and DeFi TVL growth. The 2025 rollout of Synapse Chain as a dedicated execution layer and partnerships with major DEXs solidified its role in multi-chain ecosystems.

What Are the Key Features of Synapse?


Synapse excels with its cross-chain bridge for seamless asset swaps using liquidity pools and stableswap algorithms, generalized messaging for arbitrary data and smart contract calls, and DAO governance for upgrades and fee decisions. Its optimistic verification ensures secure validation, alongside full EVM compatibility for easy dApp migration and support for 15+ chains. Additional features include yield farming rewards for liquidity providers, native bridges to Ethereum, BNB Chain, and Avalanche, developer SDKs for custom integrations, staking yields of 5-10% APY, and a thriving ecosystem of DeFi protocols, NFTs, and cross-chain gaming, all secured by audited smart contracts and multi-sig wallets.

What Is SYN Used For?


SYN is used for staking to secure the network and earn rewards as liquidity providers, paying transaction fees for cross-chain bridges and messaging (with discounts for SYN payments), participating in governance by voting on DAO proposals for upgrades and treasury expenditures, providing liquidity in pools for yield farming, bridging assets across chains, developing and deploying cross-chain dApps, and accessing incentives like airdrops and community grants for ecosystem contributions.

What Is the SYN Token Utility?


SYN secures the protocol through staking and liquidity provision, powers DAO governance with voting on fees, integrations, and security, covers cross-chain transaction fees (with burns for deflation), incentivizes liquidity providers and validators, enables seamless asset swaps and messaging, and funds ecosystem growth via treasury allocations for grants and developer tools.

What Blockchain Does Synapse Operate On?


Synapse is an independent cross-chain protocol operating across multiple sovereign Layer-1 and Layer-2 blockchains, primarily anchored on Ethereum for its native SYN token and EVM compatibility. It uses bridges and messaging layers for interoperability with BNB Chain, Avalanche, Polygon, Fantom, Arbitrum, and others, while Synapse Chain provides a dedicated data availability and settlement layer for optimized cross-chain operations without reliance on a single external chain.

What Are SYN Tokenomics?


SYN has a fixed maximum supply of 250 million tokens. As of December 2025, circulating supply is ~200 million post-emissions. Allocation prioritizes ecosystem growth: 50% to liquidity mining and incentives (weekly releases of 630,000 SYN until cap), 20% to team and advisors (vested 4 years), 15% to investors (locked), 10% to DAO treasury, and 5% to community grants. The model is deflationary via fee burns, with rewards distributed 60% to liquidity providers, 30% to stakers, and 10% to treasury, ensuring sustainable incentives without ongoing inflation after the cap.

How To Securely Store SYN


SYN works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with SYN is through BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as MetaMask and Trust Wallet along with other major EVM-compatible wallets and hardware options like Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the Synapse ecosystem. By adding the Synapse network and importing the SYN token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.

Is SYN a Good Investment?


SYN is one of the most battle-tested cross-chain bridges out there: swaps feel instant, liquidity is deep across 15+ chains, and you don't have to juggle multiple wallets for DeFi plays. In 2025, multi-chain TVL is booming past $50B, with Synapse powering major DEXs and messaging for RWAs, while the team nails security audits amid rising hacks elsewhere. Staking yields hold at 5-10%, and the fixed 250M cap with burns keeps supply tight. It's up against heavyweights like LayerZero and Axelar in the interoperability wars, and bridge exploits can spook markets, but if fragmented chains are the problem, SYN's the glue making Web3 truly connected. As always, only invest what you can afford to lose and do your own research.

Info Source

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

Frequently Asked Questions about SYN (Synapse)

How much is 1 SYN (Synapse) worth?
What is the price prediction for SYN (Synapse)?
What is the all-time high price of SYN (Synapse)?
What is the all-time low price of SYN (Synapse)?
How many SYN (Synapse) are there in circulation?
What is the market capitalization of SYN (Synapse)?
How to trade SYN (Synapse) on BingX?
What affects the price of SYN (Synapse)?
How do I cash out my SYN (Synapse)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.