S

Syncus

SYNC

(Inactive)

A treasury-backed DeFi protocol on zkSync

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0.16%0.29%0.00%0.00%0.61%90.92%

Comparison

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Details

This content is generated by RD AI and is for reference only

Syncus is a decentralized finance protocol on zkSync that accumulates treasury assets through bonds, staking, and transaction taxes, while providing yields to token holders. Users can buy SYNC tokens and stake them to earn protocol revenue, or acquire SYNC at a discount via bonds. A tax is applied to each transaction to fund the treasury. Inspired by the Olympus DAO model, the long-term goal is to build a treasury-backed stablecoin and invest in the zkSync ecosystem. The mechanism aims for sustainable yield and asset growth.

Tags:
Ecosystem(1):
Founded:
2023

Event Calendar

Dec 5, 2023
Syncus is live on mainnet
Dec 6, 2023
SYNC is live for trading
Dec 26, 2023
Syncus raised $ 390 K through IDO

Fundraising

Top Holders

Follow Updates

Follow Lists

People

About Syncus

Syncus is a treasury-backed DeFi protocol operating like a decentralized bank on zkSync. Its core business includes lending, borrowing, bonding, and stablecoin services, all supported by a community-owned treasury. Users stake SYNC tokens to earn rewards, while trading fees (buy/sell taxes) flow into the treasury, creating a sustainable flywheel: more trading volume → larger treasury → higher staking yields → more demand for SYNC.

The main pain point Syncus addresses is the lack of sustainable yield in DeFi. Many protocols rely on inflationary emissions or unsustainable bonds, which dilute value. Syncus instead uses protocol-level taxes to build a real treasury, aiming to provide stable, long-term rewards without constant sell pressure.

Its competitive edge lies in leveraging zkSync's low fees and Ethereum-grade security, making it accessible to non-technical users. The project also emphasizes simplicity, targeting mainstream adoption by abstracting blockchain complexity—imagine your grandmother using it without knowing what a wallet is.

Regarding development over the past six months (2026-03-02 to 2026-09-02), Syncus has continued operating its treasury-backed model, with ongoing staking rewards and treasury accumulation. However, specific milestones or metrics are not publicly detailed in available sources. No major negative incidents were reported during this period, though the project faces general DeFi risks such as market volatility and smart contract vulnerabilities.

Updated: Sep 2, 2026

According to public information, the founder of Syncus is Derivatives Monke (Twitter: @Derivatives_Ape). No reliable public information about other co-founders or core executives has been found. Derivatives Monke operates anonymously in the crypto community, and background details are limited; further details should be confirmed with official disclosures.

Updated: Sep 2, 2026