SYN token
Overview
SYN is the native governance and utility token of Synapse Protocol, a cross-chain bridge and interoperability platform. It is used for protocol governance, staking to secure the network, and paying fees for cross-chain transactions.
Within the DeFi Intel graph, SYN connects to 2 tracked entities, most strongly to Synapse Protocol, Synapse.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Synapse Protocol | 85% |
supports_token | Synapse | 85% |
Frequently asked questions
What is SYN?
SYN is the native governance and utility token of Synapse Protocol, a cross-chain bridge and interoperability platform.
What is SYN used for?
SYN is used for protocol governance, staking to secure the network, and paying fees for cross-chain transactions.
What protocol does SYN support?
SYN supports Synapse Protocol and Synapse.