SYNO

Synonym Finance price 
SYNO

$0.01915  

1.71% (1d)

Synonym Finance to USD Chart

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Synonym Finance statistics
Market cap
 

0.00%

$870,642
#5075
Volume (24h)
 

48.02%

$11,783
#4454
Volume/Market cap (24h)
 
1.35%
Self-reported circulating supply
 
45,463,926 SYNO
5.68%
Total supply
 
800,000,000 SYNO
Max. supply
 
800,000,000 SYNO
Fully diluted market cap
 
$15,320,129
SYNO to USD Converter
SYNO
USD
Price performance
24h 
Low
$0.01783
High
$0.01915
All-time high
Mar 30, 2024 (a month ago)
$0.03778
-49.31%
All-time low
May 03, 2024 (17 hours ago)
$0.01783
+7.42%
See historical data
Popularity
In watchlists105x
9486th / 9.9K
Self-Reported Tags
Lending & BorrowingCross-ChainShow all
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About Synonym Finance

Synonym Finance is the cross chain money market built on Wormhole. Synonym leverages a hub and spoke architecture to make cross-chain lending as simple as possible for users. We use the Wormhole xChain technology stack to securely pass transaction information between the core Arbitrum hub and all connected spokes, at launch Ethereum and Optimism. The fundamental utility of our token (SYNO) is earning yield, fees distribution and governance. We employ a vlSYNO multiplier based model, where users that lock 80/20 Balancer LP Token (SYNO-ETH) will be able to receive a distribution of fees. 40% of fees will be distributed towards vlSYNO participants.