What is the current price of Synapse (SYN)?

The current price of Synapse (SYN) is 0.49776810248740505 AUD, representing a +16.23 from the day prior.

Can I buy Synapse (SYN) on Coinstash?

Yes - you can easily buy and sell Synapse (SYN) on Coinstash. Simply login or sign up, to start buying Synapse (SYN) in minutes.

Where is the best place to buy Synapse (SYN) in Australia?

The best place to buy Synapse (SYN) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Synapse (SYN) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Synapse (SYN)?

The trading volume of Synapse (SYN) is 48.2M AUD in the last 24hrs, representing a +16.23 from the day prior.

How can I buy Synapse (SYN)?

Synapse (SYN) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Synapse (SYN)?

The current market cap of Synapse (SYN) is 109.5M AUD.

Can I convert Synapse (SYN) to cash?

Yes - With Coinstash you can convert your Synapse (SYN) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Synapse (SYN) are there?

The current circulating supply of Synapse (SYN) is 219.1M.

Is Coinstash a safe place to buy Synapse (SYN) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Synapse (SYN) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Synapse (SYN)

What is Synapse?

Synapse is a cross-chain interoperability protocol that facilitates secure and seamless data and asset transfer between multiple blockchain networks. It is designed to enable communication and interoperability across various blockchains, supporting the development of cross-chain decentralised applications (dApps), especially in the DeFi sector.

How does Synapse work?

Synapse operates as a cross-chain bridge, enabling asset transfers between various blockchains, including Ethereum, Arbitrum, Avalanche, Polygon, and Fantom. It uses a stableswap algorithm for secure asset transfers and integrates a generalized messaging system for transferring arbitrary data across chains. The protocol employs an optimistic verification process, where transactions are assumed honest by default and can be challenged during an optimistic window if necessary. Validator consensus is achieved using threshold signature schemes (TSS) to ensure security.

What are the potential use cases for Synapse?

Potential use cases for Synapse include cross-chain asset transfers and swaps, development of DeFi platforms like decentralised exchanges, lending platforms, margining systems, and yield aggregators. It also enables cross-chain governance allowing token holders to participate across different chains and facilitates NFT bridging between blockchains as seen in partnerships like that with DeFi Kingdoms.

What is the history of Synapse?

Synapse originated as a project called Nerve, a fork of Curve Finance, within the Binance Smart Chain ecosystem. Initially a stable swap protocol, it evolved into a comprehensive cross-chain interoperability protocol connecting more than 18 networks. Notable achievements include successfully bridging over 10,000 NFTs, supporting cross-chain governance for platforms like AAVE, and facilitating significant transaction volumes. Synapse continues to innovate with developments like the Synapse Chain, an Optimistic Rollup of Ethereum designed to host cross-chain applications.