What is Synapse (SYN)?
Synapse is a decentralized protocol built to enable seamless communication and asset movement across different blockchains. It functions as a cross-chain infrastructure layer that supports both EVM and non-EVM chains, allowing users to move assets quickly, often in just a few seconds, with minimal slippage and cost. Developers use Synapse to build applications that work across multiple chains without needing to manage each one individually.
Synapse Intent Network (SIN) is a Request-for-Quote (RFQ) based, intent-centric bridging system that connects users to a network of relayers. These relayers compete to deliver the most efficient bridge execution—such as the best price—for each individual request. Launched in 2021, Synapse has grown to become the intent network for AI agents, reportedly facilitating over $55 billion in volume, generating $30 million in fees, and serving 2.5 million users.
Synapse addresses the complexity of cross-chain experiences by enabling fast and seamless bridging in seconds, offering developers an intuitive and efficient way to implement cross-chain functionality within their applications and protocols. It also tackles key industry challenges such as liquidity fragmentation, while supporting chain abstraction and unified liquidity to streamline the user and developer experience across the multichain ecosystem.
At the core of the protocol is the SYN token. $SYN is the native utility and governance token for the Synapse ecosystem. It allows holders to participate in decisions around protocol upgrades and fee distribution through the Synapse DAO. Beyond governance, $SYN also acts as an incentive mechanism—used to reward users who stake or provide liquidity in the protocol’s pools. This helps secure the network’s infrastructure and ensures the smooth operation of its cross-chain services. As Synapse continues to expand across new chains and integrate with a growing number of DeFi protocols, $SYN remains central to coordinating and aligning value within the ecosystem.
$SYN is listed on Binance for trade and purchase. The live price of $SYN is updated in real-time on Binance.
