Synapse

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Synapse's governance or utility token carries a market capitalisation of 10,7 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (10,7 Mio. $) and TVL (17,3 Mio. $) trade close together, giving a mcap/TVL multiple of 0.62× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. May 7, 2022
   UST depeg

Synapse is a Cross Chain Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed across 19 chains, including Ethereum, Canto, Avalanche, Blast and 15 other chains. No public audit reports are listed on DeFiLlama for this protocol. DeFiLlama tracks 1 historical event for this protocol since 2022.

Synapse runs a multi-chain deployment, with smart contracts live on 19 networks. Roughly 92% of its on-chain value sits on just three networks (Ethereum, Canto, Avalanche), so a fault on any one of them would affect a large slice of users. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk. Token market cap (10,7 Mio. $) and TVL (17,3 Mio. $) trade at a ratio of 0.62, in the range generally considered normal for an established DeFi protocol.

Verified external resources for Synapse — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Synapse is one of 7 Cross Chain Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Stargate V2, Hyperlane, NEAR Intents, and 3 more. These peer protocols collectively secure 335,5 Mio. $ in deposits, giving you a frame of reference for whether Synapse's own TVL is at the top, middle, or tail of the category.

Stargate V2

TVL 112,4 Mio. $ · 24h -2.70%

Hyperlane

TVL 110,4 Mio. $ · 24h +1.97%

NEAR Intents

TVL 58,4 Mio. $ · 24h -0.88%

Across

TVL 33,1 Mio. $ · 24h +0.04%

Stargate V1

TVL 11,1 Mio. $ · 24h +0.40%

Maya Protocol

TVL 10,1 Mio. $ · 24h +0.77%