Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Crypto School
  3. Simply Explained: Synapse (SYN)
Simply Explained

Simply Explained: Synapse (SYN)

Updated: Aug 1, 2024
Published: Mar 28, 2023
0
Share:

Synapse is a cross-chain solution designed to safely and securely send data between blockchains. 

Post Feature Image

Launched in August 2021, its goal is to “usher in the multi-chain future.” 

Let’s dive in…

First, what is cross-chain interoperability?

Put simply, cross-chain interoperability in crypto refers to the ability of different blockchains to communicate and exchange information/assets.

Right now, the crypto space is fragmented. There are lots of blockchains out there, but very few can interact or communicate with one another. 

Imagine you had an iPhone but couldn't call someone that had a Samsung. This is an example of a lack of interoperability. So interoperability is when two (or more) different products or systems can interact and operate with each other. Read more here. 

Cross-chain solutions like Synapse aim to solve this problem. 

What is Synapse?

Synapse is a cross-chain solution that connects different blockchains to allow the seamless transfer of data.

Its vision “was born out of the clear realization that new blockchains were integral to onboarding millions of users into crypto as well as a need for seamless interoperability between them.” 

Using Synapse, blockchains can easily and safely communicate with each other, users can seamlessly transfer assets, and developers can build secure cross-chain applications like Decentralised Exchanges, lending platforms, yield aggregators, derivatives markets and more.

Synapse is widely integrated across networks including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Fantom. 

How does it work?

Optimistic security: Synapse uses what’s known as an Optimistic security model that ensures the integrity of cross-chain communication. In this model, off-chain actors work together to identify malicious transactions. 

Synapse bridge: is built on top of Synapse’s cross-chain network. It allows users to seamlessly transfer assets across 16 blockchains. Its users have access to low fees and deep liquidity. The bridge also allows developers to build cross-chain DeFi applications. 

Synapse chain: offers developers a smart contract interface for building cross-chain applications. It combines EVM (Ethereum Virtual Machine) compatibility with security, user experience and simplicity. 

Our Top Picks:

DOGWIFHAT

DOGWIFHAT

120,650%

SPX6900

SPX6900

17,000%

POPCAT

POPCAT

66,567%

PENDLE

PENDLE

5,002%

SOLANA

SOLANA

2,500%

HYPE

HYPE

1,740%

Don’t miss our next 100X

Trusted by 230K+ investors

$SYN 

$SYN is Synapse’s native token. It’s used as an incentive for liquidity providers. 

$SYN holders (with more than 50,000 $SYN tokens) can also put forward governance proposals to be voted on by the Synapse DAO (Decentralised Autonomous Organisation). 

Tokenomics

The current maximum supply of $SYN is set at 250,000,000. However, this could in theory change through a governance vote. 

How to buy $SYN

To buy $SYN, you need to use a non-custodial wallet like MetaMask and then swap on Sushiswap. $SYN is available on many blockchains, but the smoothest and cheapest way to buy is through a Layer 2 scaling solution such as Arbitrum.
Disclaimer: Not financial or investment advice. Any capital-related decisions you make are your responsibility and yours only.

Continue reading by joining Cryptonary Pro

Save 23%

$1,197/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Consolidation Phase or Setup for Expansion?
PRO
Market Direction
BTC, ETH and More: Consolidation Ph...After an early push higher, markets have slowed and rotated back into consolidation. Some assets are...
11 min read
Jan 9, 2026
Market Pulse: BTC Set for Quick Recovery
PRO
Market Pulse
Market Pulse: BTC Set for Quick Rec...Stronger-than-expected job numbers sent risk assets briefly lower, but markets look ready to bounce....
4 min read
Jan 9, 2026
Market Pulse: What We Expect From Jobs Data Tomorrow
PRO
Market Pulse
Market Pulse: What We Expect From J...We’re heading into tomorrow’s labour market data at an important moment for risk assets. Bitcoin is ...
4 min read
Jan 8, 2026
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
BTC, ETH and More: Consolidation Phase or Setup for Expansion?
PRO
Market Direction
BTC, ETH and More: Consolidation Ph...After an early push higher, markets have slowed and rotated back into consolidation. Some assets are...
11 min read
Jan 9, 2026
Market Pulse: BTC Set for Quick Recovery
PRO
Market Pulse
Market Pulse: BTC Set for Quick Rec...Stronger-than-expected job numbers sent risk assets briefly lower, but markets look ready to bounce....
4 min read
Jan 9, 2026
Market Pulse: What We Expect From Jobs Data Tomorrow
PRO
Market Pulse
Market Pulse: What We Expect From J...We’re heading into tomorrow’s labour market data at an important moment for risk assets. Bitcoin is ...
4 min read
Jan 8, 2026
Cryptonary's 2026 Crypto Market Outlook
PRO
Research Report
Cryptonary's 2026 Crypto Market Out...We’re starting 2026 with something special. This report brings together the lessons and outlook of t...
3 min read
Jan 7, 2026
BTC, ETH and More: Bullish Momentum Across Crypto Majors and Select Alts
PRO
Market Updates
BTC, ETH and More: Bullish Momentum...Markets are finally moving with intent after weeks of compression and false starts. Key levels are b...
11 min read
Jan 6, 2026
Market Update: Crypto Relief Rally Continues
PRO
Market Updates
Market Update: Crypto Relief Rally ...Markets have kicked off the year with speed and intent. In this update, we break down what’s driving...
9 min read
Jan 5, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.