Synapse enables cross-chain communication and asset swapping through its protocol, security model, and bridge, facilitating decentralized app development across various blockchains.
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Synapse functions as a blockchain protocol dedicated to enabling interoperability between different blockchains. It primarily achieves this through its cross-chain messaging protocol, which facilitates the transfer of assets and execution of smart contract calls across networks. This allows blockchain applications to communicate securely and efficiently without needing to deploy the same code on each chain. Examples of such applications include cross-chain decentralized exchanges (DEXs), lending platforms, margin trading systems, derivatives markets, and yield aggregators. The native token of Synapse is SYN, with a maximum supply of 250 million tokens, used as a medium for value transfer within its ecosystem. Synapse's core features include: a generalized cross-chain communication system ...
As of now, Synapse is trading at 0.2521 USD, with a 24-hour trading volume of approximately 1.51M USD. The SYN to USD price is updated in real time. Over the past 24 hours, Synapse has decreased by 18.2%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 46.50M USD. Currently, there are 184 466 701.554199 SYN in circulation out of a maximum supply of 198 827 717.411297 SYN.
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