Synapse Labs — The most widely used cross-chain messaging system and bridge Join us: http://discord.gg/synapseprotocol

Make SYN Great Again

The Technology CatalystIn January, Synapse launched RFQ, an intent-based system for bridging. Synapse RFQ shifted bridge volumes from traditional liquidity pools to a competition between relayers to provide liquidity. Since then, RFQ has been deployed on Ethereum, Optimism, Arbitrum, Linea, Scroll, Blast, BSC and Base. The results less than a year later:Median bridge time has dropped from 20 minutes to 3 seconds, a 99.75% reductionSynapse bridge quotes are on average 81% cheaper than our comp...

SIN: Solving chain Abstraction - Live today

Today, we’re introducing Synapse Intent Network - a millisecond cross-chain market place for any asset and action:A permissionless intent network with live fraud proofsOff-chain orderbook competition between relayers instead of “first come first serve” completion, resulting in better prices for usersSupport for arbitrary actions: relayers can quote complex destination chain outcomes (bridge and borrow, bridge and LP a pool, etc)Full composability for other apps to build on top of SINBeyond Si...

Synapse Bridge Analysis

Summary: We analyzed 60 bridge routes between Ethereum, Base, Optimism and Arbitrum. Looking at 100 USDC, 1000 USDC, 10 000 USDC, 0.1 ETH and 1 ETH sizes on these routes on Synapse, Stargate & Across.Synapse is cheaper in 45 of 60 routes and on average, Synapse users are paying 81.20% less in feesIn a direct comparison with Across, Synapse is cheaper in 45 of 60 routes and on average, Synapse users are paying 76.66% less in feesIn a direct comparison with Stargate, Synapse is cheaper in 45 of...

Synapse Bridge - Modular or Monolithic?

The Synapse universe has 2 core components:The Synapse Bridge - The fastest and cheapest bridge between 19 chains. Processed $45B+ in volume and 10.5M transactions.The Synapse Interchain Network - A decentralized network that allows applications to pass data, read and write between chains.Today, I want to talk about the vision for Synapse Bridge and a vision for the crypto ecosystem at large.Modular vs MonolithicIn blockchains, we have two dominant views I’ll oversimplify. Modular - Give user...

Synapse Bridge Rebates - Arbitrum

The Synapse DAO has received a 2M ARB grant from the Arbitrum DAO. As of today, this grant is worth $3.5M and will be distributed before March 29th. The objective of this grant is to expand Synapse’s presence in the Arbitrum ecosystem and encourage new users and assets to flow to Arbitrum. Program Details: At a high level the following routes are incentivized:All stables and ETH bridged to ArbitrumAll stables and ETH from Arbitrum bridged to Ethereum MainnetAll supported GMX routesRebates are...

Synapse World Domination Plan: Step 1 - RFQ Bridging

Here is Synapse’s 3 step plan for world domination in 2024.Build the best bridge.Be the Uniswap of bridging. Fastest, cheapest and everywhere. More on this.Launch the best Interchain NetworkWhat are interchain networks? They’re the most important category in crypto, enabling applications to pass data and money between different blockchains. Like the internet connected all the computers in the world, interchain networks will connect all the chains. If we as an industry solve this problem, we’l...

The Interchain Future is here. Introducing Synapse Interchain Network & Synapse Chain Testnets

In his blog post, Endgame, Vitalik lays out his vision for scaling Ethereum. Ethereum block space is limited & expensive – there is simply not enough compute to run everything on Ethereum. If this problem is to be solved without compromising security, he suggests three components are required: a decentralized settlement layer, low-cost rollups, and an optimistic interchain communication network. Two years later, Ethereum has become that settlement layer, and low-cost optimistic rollups are pl...

Announcing the Synapse Explorer

The most advanced bridge explorer to date is here, announcing the Synapse Explorer. The Synapse Explorer is a comprehensive overview of every transaction passed through the Synapse Bridge packed into a user-friendly interface. Utilizing a suite of data indexing and analytics tools built, all relevant information relating to bridging transactions, cross-chain messaging and general analytics can now be viewed in real time. The Synapse Explorer is a step function increase in cross-chain transpar...

Synapse Cross-Chain Messaging is now live on Klaytn

Synapse Protocol now powers generalized cross-chain messaging between the Klaytn Network and other Synapse supported chains. Upon launch, generalized cross-chain messaging will facilitate the bridging of DeFi Kingdom assets between DFK chain, Serendale (Klaytn), and Crystalvale (DFK Chain). Pursuant to Synapse Protocol’s goal of interconnecting all blockspace, this launch opens a brand new playground for developers to design innovative blockchain use cases.Powering DFK’s Cross-chain Messaging...

LINK is live on the Synapse Bridge

The Synapse Bridge now supports native bridging of Chainlink’s protocol token, $LINK, between the Ethereum and Klaytn blockchains. This integration addition denotes the 22nd token supported by the Synapse bridge, and the beginning of Chainlink building on top of Synapse as the protocol supports taking $LINK multichain.Fueling growth for Chainlink and Klaytn$LINK is the token used within the Chainlink network to compensate Chainlink Node operators for their oracle services. To interact with Ch...

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The most widely used cross-chain messaging system and bridge Join us: http://discord.gg/synapseprotocol