SYNO Project Introduction, Team, Financing and News

Performances

Comparison:

BTCETHSOL

1h	24h	7d	30d	60d	90d
0.60%	0.00%	0.00%	11.07%	34.61%	55.83%

Comparison

Event Calendar

Jan 24, 2024

SYNO raised $ 1.5 M in Seed round

Jan 30, 2024

SYNO launches on the mainnet

Feb 29, 2024

SYNO launches SYNO token

Team

0xbeachball

Founder

Fundraising

LeadBBorderless Capital RRobot Ventures BBig Brain Holdings TThe Rollup Ventures VVeris Ventures MMarshland Capital WWormhole Cross-Chain Ecosystem Fund LLucas Kozinski

AAWVC

Round	Amount	Valuation	Date	Source	Investor
Seed	$ 1.5M	--	Jan 24, 2024	--	BBorderless Capital RRobot Ventures BBig Brain Holdings TThe Rollup Ventures MMarshland Capital VVeris Ventures WWormhole Cross-Chain Ecosystem Fund LLucas KozinskiAAWVC

Top Holders

Address	Token	Quantity	Percentage	Value
0xaa99...b45a	SYNO	218,444,183.76	27.31%	$1K
0xc2ed...a246	SYNO	190,964,743.19	23.87%	$874.61
Balancer: Vault (f2c8)	SYNO	172,696,367.56	21.59%	$790.94

Follow Updates

Details

Syno (Synonym Finance) is a cross-chain money market built on the Wormhole messaging protocol, employing a hub-and-spoke architecture with Arbitrum as the hub. Users can supply assets on any supported chain as collateral to earn interest, and borrow assets on other chains without manual bridging. Through native integration with Circle's CCTP, USDC cross-chain deposits and repayments can be completed in one step. All supplied assets automatically serve as collateral, and borrowing rates are determined by each asset's utilization and interest rate curve. Syno unifies multi-chain liquidity to streamline cross-chain DeFi operations.

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Ecosystem(7):

Formerly: