Synapse update: SYN Live price, price chart, news and markets

The SYN price update as of now is $0.05809. In the previous 24 hours, its trading volume was $9,078,422, and its value has decreased by -3.34%. As of now, SYN's live market cap is $11,684,803, and it is ranked as the #826 on the Coincu. SYN has a circulating supply of 201,141,754 and a maximum supply of 201,141,754.

Introducing Synapse: A Revolutionary Protocol Synapse, the latest version of the Nerve Finance protocol, is designed to address the limitations of its predecessor and provide enhanced features for liquidity providers. With a focus on improving the Bridge product and expanding liquidity across multiple networks, Synapse aims to deliver a superior user experience. The Limitations of Nerve Finance and the Advancements of Synapse 2 Protocol Previously, Nerve Finance acted as a DeFi Station for Stablecoins in the BSC system, offering services such as swapping between Stablecoins, cross-chain transactions, and liquidity pools. However, the Bridge product faced certain limitations. Synapse 2 Protocol aims to overcome these limitations by connecting liquidity across various networks, including Layer 1 and Layer 2 networks. This integration enhances liquidity and ensures seamless transactions for users. Expanding Network Connectivity with Synapse 2 Protocol Synapse 2 Protocol targets numerous networks to establish maximum connectivity. Some of the networks included in this integration are Polygon, Avalanche, Solana, Terra, Fantom, Harmony, Moonbeam, Aurora, Moonriver, Polygon, Optimism, Arbitrum, and Boba Network. Unleashing the Key Features of Synapse 2 Protocol Synapse 2 Protocol offers several essential features that set it apart from competitors like Pancakeswap and MDEX: Minimized Slippage for Stablecoin Swaps Unlike non-Stablecoin AMMs, Synapse 2 Protocol allows users to swap stablecoins with minimal slippage. This advantage translates into significant savings, as demonstrated in the following comparisons: - Swapping $1,000: Synapse 2 Protocol saves $2. - Swapping $10,000: Synapse 2 Protocol saves $20. - Swapping $100,000: Synapse 2 Protocol saves $200. If you possess a substantial capital, it is highly recommended to utilize AMM platforms specifically designed for Stablecoins. Effortless Cross-Chain Swaps Synapse 2 Protocol's Cross-chain Swap product enables users to perform both swap and cross-chain transactions in a single, streamlined process. With just one click, you can swap USDC on the Polygon network and cross-chain to BSC, all within a single transaction. Current Stablecoin Pools and Bridge Support Synapse 2 Protocol currently offers Stablecoin Pools on Ethereum, Binance Smart Chain, Polygon, Avalanche, and Arbitrum (ETH Pool). Additionally, the protocol supports five similar chains through its Bridge feature. If you possess surplus capital, consider participating in Farming at Synapse 2 to gain an APY of approximately 30%, resulting in significant profits for Stablecoins. The Exciting Roadmap for Synapse 2 In the future, Synapse 2 envisions integrating more chains and expanding its asset support to become the leading Bridge protocol in the market.