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Introducing Asset Intelligence, only on Hypercall. Open any market to see: • What happened • Why it matters • What it means Concise briefings, Analyst's reasoning, and news sources you can open. Check it out at https://app.hypercall.xyz/
🚨 GoPlus Security Alert A user signed a malicious #Permit tx 922 days ago, then got drained for ~97k $SYN. Never revoked the allowance. Phisher came back and hit them again — another ~$122k in $SYN gone. Victim: 0x686618aBb3730079601a5abEAD6eC24549c5Ce34 Phish wallets: 0x0000db5c8B030ae20308ac975898E09741e70000 0x9EC9ca0c7846E8726D5d734EFd291f855ea03447 🛡 Security Tips: 1. Follow the #GoPlus Anti-Phishing “4 Don’ts”: 🚫 Don’t click unknown links 🚫 Don’t install unverified software 🚫 Don’t sign transactions you don’t fully understand 🚫 Don’t send funds to unverified addresses 2. Install the GoPlus Security extension to block phishing links, risky signatures, malicious approvals, and suspicious transactions in real time 👉 https://chromewebstore.google.com/search/GoPlus 3. Approve only what you need. Never infinite allowance. Revoke stale approvals on a schedule.
With HIP-4 permissionless deployments going live on mainnet, seems like a good time to repost this: Hypercall will soon let anyone combine Perps and HIP-4 into vanilla options, all in the same margining engine Options are the most popular retail instrument in the world and HIP-4 + Perps are tailor made for building options liquidity. Let's look at how 🧵
Hyperliquid is becoming the deepest BTC venue in the world. That makes it the natural hedge venue for options writers. BTC + ETH options are live on Hypercall. 🔊 SOUND ON
Closed trades used to be hard to find. Now every profile, rank, and receipt is public and searchable. Full launch notes: https://x.com/SynapseProtocol/status/2090152731495248163
Hypercall's competition has been up for 2 days. 19 traders. $1m+ in volume. We've launched a bunch of new features so you can keep your eyes on the competition and see what's trading 🧵👇
For the first time, ever, you can trade ANY OPTIONS STRATEGY on $SPCX on-chain. Nights, weekends, it doesn't matter. Only on Hypercall. On Hyperliquid. P.S. New Asset Coming Tomorrow 👀👀
⚡️ DAILY ALPHA DROP ⚡️ June 23 Here is your breakdown of where the smart money is moving: 🔄 $SYN (@SynapsePrtocol): Proof that positioning matters more than news. Retail completely flipped a Binance monitoring tag into a massive +500% short squeeze. 🚀 $XLM (@StellarOrg): Heavy institutional infrastructure is building in public. Between the DTCC's mid-2027 tokenization timeline and MoneyGram's new stablecoin deployment, Stellar is quietly locking down real-world payment rails. 🔵 $AERO (@AerodromeFi): Leading the charge on @base. Up 48% over the last 7 days, and momentum is accelerating following a fresh 170,000 token buyback announcement. Deep dive into the full research report. 👇 https://woox.io/blog/woo-x-daily-alpha-drop-deep-dive-into-high-conviction-narratives-syn-xlm-aero
$85M → $30B in just five years. RWAs are quickly becoming crypto’s biggest narrative. @OndoFinance surged 23% in 24 hours after the total RWA value on-chain crossed the $20B mark. And this isn’t just another crypto hype cycle. Real-world assets, think government bonds, real estate, private credit are being put on-chain at a pace most of crypto hasn't noticed yet. The Boston Consulting Group projects tokenized real-world assets could become a $16T market by 2030. Why does this become the biggest narrative? Because it's the first crypto use case that TradFi needs. When BlackRock launches a tokenised treasury fund and institutions follow, the addressable market stops being "crypto users" and starts being every asset manager on the planet. Crypto isn’t just building a parallel financial system anymore. Tokenized stocks are coming soon to SynFutures
Calling on all market makers and traders! Our API is now live! We're excited to announce that the SynFutures API is now fully open to traders and market makers everywhere. https://t.co/KC2cMDF3gV
MOBILE, RNDR, RBN, & SYN are being delisted because new versions of these tokens have been released. As a result, the original versions of these tokens no longer meet our listing criteria. Trading for MOBILE, RNDR, RBN, & SYN will be suspended on https://t.co/4BdCA6VKr6 (Simple and Advanced Trade), Coinbase Exchange, and Coinbase Prime.
The SIP-43 SYN Token Buyback has been completed, removing 5% of the float from circulation. This displays the DAO’s commitment to long-term value accrual and its strong confidence in the future of the protocol. Check out the details here: forum.synapseprotocol.com/d/2211-complet…
Excited to announce that Synapse is now live on @unichain , the home for DeFi and liquidity across chains. Users can bridge slippage free, in under 5 seconds to 🦄 ⛓
20 PERCENT OF ALL $SYN IS STAKED📈 STAKE YOUR $SYN TODAY FOR $CX AT: CORTEXPROTOCOL.COM/STAKE
Introducing $CX - Cortex Protocol's token and $SYN staking. Cortex is part of the Synapse ecosystem and has allocated 73.5% of $CX to $SYN holders. Staked $SYN will receive $CX immediately. $CX is currently non-transferable. Claim today by staking $SYN
SIP-41 [Buyback-1] $3.5M buyback proposal has been put up for voting: - $3.5M over 3 months $SYN holders can vote now - snapshot.box/#/s:synapsepro…
The first of these DAO proposals has just passed the Synapse DAO. Emissions will be reduced by 66%, taking 2.5M SYN out of the supply and targeting a 0.7%/year inflation rate in the future. Inflation Rates: Bitcoin: 1.8% yearly SYN: 0.7% yearly snapshot.org/#/synapseproto… twitter.com/SynapseProtoco… Quote [@SynapseProtocol](https://www.twitter.com/SynapseProtocol/status/1864353668306264455) > Make $SYN Great Again > > The launch of Synapse Intent Networks and updates from Synapse DAO 🧵
The Technology Catalyst In January, Synapse launched RFQ, an intent-based system for bridging (https://synapse.mirror.xyz/JOhV8_8HMIPRqKTkbJqU5no4RNWQpln4pvUXZcBPAVk). 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% reduction Synapse bridge quotes are on average 81% cheaper than our competitors (https://synapse.mirror.xyz/mUk-EpaWHW1EJjOOQRpTPeHqT0j1302_2ody80ixdoQ) Synapse RFQ makes up 90% of bridge volume 🖼️ https://pbs.twimg.com/media/GeDgiY4XsAAx-_C.jpg (RFQ Growth as a percentage of bridge volume) This week, Synapse Intents Network (https://synapse.mirror.xyz/jqnrb-dK-iqjJFh9v_Br1393ewgRCOfhKC3Syc8qwmo) was deployed to mainnets, a full-chain abstraction solution. Synapse Intents Network represent more than just a technical upgrade—it's a complete reimagining of chain abstraction. SIN will continue driving faster, cheaper quotes for users without using emissions. Additionally, it allows: Off-chain auction for bridge quotes between relayers. CEX-like pricing with on-chain guarantees The first decentralized intent network with live fraud proofs, allowing SIN to onboard DeFi protocols, MEV bots, etc Relaying for ANY asset and ANY action. Imagine 1 transaction from ETH on Optimism to a Pendle pool on Ethereum. Additionally, SIN allows $SYN staking and a feasible fee switch. Currently, fraud proofs are gated like the rollout of L2s, but the system allows fraud provers and relayer to stake $SYN to decentralize the network and receive fees. Tokenomic Revolution With these core innovations in motion, $SYN is going through a tokenomic shift. A quick look at what’s possible and DAO governance shows 3 large efforts: A $3.5M DAO buyback proposal for a target of 5M SYN (https://forum.synapseprotocol.com/d/2085-synapse-protocol-enhancement-treasury-optimization) Reducing emissions by 70% with RFQ’s success. Taking out 2.5M SYN/year out of circulation. (https://forum.synapseprotocol.com/d/2084-synapse-emissions-reduction) An evolution to a POS, fee-earning network (https://synapse.mirror.xyz/jqnrb-dK-iqjJFh9v_Br1393ewgRCOfhKC3Syc8qwmo) Strategic Treasury Reallocation The first force emerges from the community's forward-thinking treasury management. A proposed buyback program targeting 5M SYN tokens represents a strategic rebalancing that aligns treasury assets with the protocol's future direction, aligning the treasury toward proof-of-stake mechanics. Emission Optimization The second force comes from a dramatic reduction in emissions, made possible by technological efficiency gains. The proposal to reduce emissions by 65% will result in approximately 2.5M fewer SYN tokens entering circulation over the next 12 months. This isn't just about reducing supply—it's about optimizing capital efficiency while maintaining service quality across all supported chains. The Staking Horizon Perhaps the most intriguing development on the horizon is the introduction of staking through the Synapse Intent Network (SIN). This isn't just another staking implementation—it represents a fundamental shift in how the protocol handles security and value distribution. The introduction of proof-of-stake mechanics for relayers and guards opens new possibilities for revenue distribution while potentially creating another significant sink for SYN tokens. In the short run, current proposals reduce SYN supply by close to 10M $SYN. In the long run, Synapse aims to own the whole user experience. Looking Forward Synapse will own the whole crypto experience. Chain abstraction means users don’t switch chain, don’t worry about having gas and can simply to from their prompt or intent to their desired end state. This is why we’re building Cortex (https://x.com/Cortex_Protocol/status/1859766879948292581). All the complexity of crypto can be taken away by relayers for on-chain infrastructure and AI for user experience. Users only have to know their desired end state. One interface, no clicks, no submitting transactions, no gas, no looking for the right token or highest yield. The user tells Cortex what they want to achieve, and Cortex’s crypto-specific AI model prases the intent and passes it to SIN’s relayers for on-chain execution. Cortex is the easiest way to use crypto. This creates a flywheel where the more users bridge and prompt, the more orderflow is sent to SIN, the better the prices and support for users, the more users bridge and prompt. Watch a demo of what this looks like in real life - 🐦 https://x.com/i/status/1859766879948292581
Proposals: - $3.5M DAO buyback targeting 5M SYN - forum.synapseprotocol.com/d/2085-synapse… - 70% emissions reduction, saving 2.5M SYN in the next year - forum.synapseprotocol.com/d/2084-synapse… Exploration: - A model for staked $SYN and fee distribution from the network
SIN's permissionless architecture allows for an upgrade to staked $SYN to run validators and earn fees from the network. The increased capital efficiency and success of RFQ and SIN's launch has brought forward a series of proposed token changes in the DAO:
Last week, Synapse Intents Network (SIN) went live on mainnets. Enabling: - Off-chain auctions for bridge quotes - First permissionless intent network w/ live fraud proofs - ANY asset, ANY action relaying (bridge, swap and deposit all in 1 transaction) x.com/SynapseProtoco…
Synapse launched RFQ bridging in January - now deployed across 8. The results: - Average bridge time: 20min → 3sec (99.75% ⬇️) - 81% cheaper vs competitors - 90% of volume through RFQ
Make $SYN Great Again The launch of Synapse Intent Networks and updates from Synapse DAO 🧵
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 proofs Off-chain orderbook competition between relayers instead of “first come first serve” completion, resulting in better prices for users Support 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 SIN Beyond Simple Intents Cross-chain infrastructure has reached an inflection point. While the first wave of bridges connected chains, and the second wave introduced intents, we're now entering a third era: real-time cross-chain markets for any action. Today, we're launching the Synapse Intent Network, a fundamental evolution in cross-chain architecture that moves beyond traditional intent systems to create the first true marketplace for cross-chain execution. The current landscape of cross-chain infrastructure is dominated by first-generation intent systems. These networks, while innovative at their time, are fundamentally limited by their single-dimensional competition model. Like Uniswap V2, they optimize for a single variable - in this case, execution speed. The result? A race-to-fill model that creates inefficient markets and suboptimal user outcomes. SIN changes this paradigm entirely. By introducing real-time price competition alongside speed, we've created a two-dimensional marketplace that functions more like traditional financial markets. This isn't just an incremental improvement - it's a complete reimagining of how cross-chain infrastructure should work. Additionally, as cross-chain complexity has grown to thousands of chains, we recognize that users don’t simply want to bridge funds, but take an action after they bridge. The Synapse Intent Network allows any token and any action. For example: the user can bridge ETH from Arbitrum and receive sUSDe deposited into a pendle pool on Ethereum. The Technical Evolution At the heart of the Synapse Intent Network are three core innovations: True Permissionless Relaying and the POS Future For the first time, anyone can compete as a relayer completely permissionlessly. We achieve this through an optimistic proving mechanism where relay attempts can be disputed by a network of guards(fraud proofs). This creates a secure, open system that encourages broader participation while maintaining robust security guarantees. This means that any market participant from market makers, MEV bots, trading firms and other DeFi protocols can start relaying in the network and fulfilling user intents. Today, the network of guards that catch fraud proofs are a permissioned multi-party compute system, similar to the rollout of fraud proofs on L2s. In the future, the network will further decentralize by allowing anyone to run a fraud prover. To prevent malicious fraud proofs where relayers acted honestly from delaying user funds, the network will use a POS system to incentivize fraud provers’ honesty. Every prover and relayer will stake a set amount of $SYN(similar to ETH POS). Staking $SYN to run fraud provers and relayers: Scenario 1: A relayer submits a transaction to fullfill a user intent A staked fraud prover maliciously claims the transaction is fraudulent when it is not The prover is slashed, their slashed $SYN is returned to the protocol The user receives their funds once the proof is shown to be malicious and incorrect Scenario 2: A relayer submits a transaction to fullfill a user intent A staked fraud prover submits an honest proof, showing the relayer is malicious The relayer is slashed, a portion of their slashed $SYN is given to the fraud prover as a rewarded, the rest is returned to the protocol Real Time Bidding between Relayers SIN introduces millisecond-latency bidding for cross-chain transactions. Unlike traditional intent systems where relayers race on first to complete a transaction given a price constraint, SIN enables real-time price competition. This creates a true orderbook model for cross-chain transactions, leading to better prices through active competition. A quick look at intent.markets (https://inhttps://intent.markets will show 5 active intent networks, all of which are “First come, First serve”. Relayers only compete on who’s fastest to relay, not against each other to provide the user with a better price. With SIN, relayers compete in an off-chain auction to give users the best price. This allows CEX like pricing with on-chain guarantees. Intents for Chain Abstraction Synapse Intent Network introduces a new concept: relaying with an arbitrary call for any cross-chain action. Imagine wanting to earn yield in the sUSDe Pendle Pool. The yield is highest on Ethereum, but the user only has ETH on Arbitrum today. Traditionally, this would require: Bridging ETH to Ethereum Swapping to sUSDe Finding the correct Pendle pool and depositing into it Now, we allow relayers to bid and fill any arbitrary intent. Think of it as a highly efficient marketplace for cross-chain services: Users specify what they want (the destination state) Relayers compete to deliver this outcome The market determines fair pricing through competition Complexity becomes a relayer concern, not a user burden SIN is the world’s largest marketplace for seamlessly executing complex cross-chain operations on behalf of users. This is how chain abstraction happens. As blockchains become more complex with the addition of new chains, protocols, and tokens, this approach simplifies user interactions by delegating the complexity to relayers. These relayers efficiently handle intricate processes, ensuring seamless and cost-effective execution for users. This model creates powerful economic incentives for relayers: Relayers specialize in specific types of cross-chain operations Competition drives innovation in execution strategies Users benefit from increasingly efficient markets The Endgame Step by step, world domination (https://synapse.mirror.xyz/JOhV8_8HMIPRqKTkbJqU5no4RNWQpln4pvUXZcBPAVk). Step 1 - Build the best bridge Step 2 - Use the order flow from the bridge to build the biggest intent network. We’re launching Synapse Intent Network today. Step 3 - AI + Intents = The best crypto experience. Cortex is an AI agent that executes complex transactions. It understands crypto better than any human could and has access to the Synapse Intent Network to execute complicated transactions on behalf of users. Watch it in action (https://x.com/Cortex_Protocol/status/1859766879948292581). This is the future we envision: Natural language as the primary interface for blockchain interaction AI-powered systems understanding and executing complex cross-chain strategies A thriving marketplace of specialized relayers competing to serve users Seamless integration between human intention and blockchain execution The pieces are already in motion. The bridge established the foundation. The intent network creates the marketplace. Cortex provides the intelligence. Together, they form something greater than their parts—a new standard for how humans and machines interact with blockchain technology. Welcome to the future of cross-chain infrastructure. Welcome to Synapse. Join the Evolution See the endgame of chain abstraction. (https://x.com/Cortex_Protocol/status/1859766879948292581) SIN is live on mainnets today. Build arbitrary actions and run a relayer today (https://docs.synapseprotocol.com/docs/RFQ/) Synapse Intent Network Audits (https://github.com/synapsecns/sanguine/tree/upload/audits/assets/sanguine-audits) Learn more about Synapse on X (https://x.com/SynapseProtocol)
One of the coolest integrations yet from @Spectral_Labs. They recently launched a platform to launch AI agents that trade on @HyperliquidX. Their AI agents use Synapse to bridge to Hyperliquid. This is the first case of agents using the bridge we're aware of 🤯🤯
Excited to showcase Cortex, the full chain abstraction stack powered by AI. The first access codes will be going out in the coming weeks to those who hold >50k SYN or have held 5k SYN for >12 months. twitter.com/Cortex_Protoco… Quote [@Cortex_Protocol](https://www.twitter.com/Cortex_Protocol/status/1859766879948292581) > Today, we’re releasing the first demo of Cortex. An AI agent that trades and interacts with blockchains on your behalf. > > - Research coins, trade, and deploy to blockchains with chat > > - CX1 is the first AI model trained on every blockchain transaction, smart contract and protocol
Synapse is literally cheaper on 85 of 100 routes and 87% cheaper on average. Use lyin' Across if you want to 6x more expensive bridging. twitter.com/AcrossProtocol… Quote [@AcrossProtocol](https://www.twitter.com/AcrossProtocol/status/1853847960863568127) > i ran 80,000 simulations and in all of them Across is the fastest and the cheapest
Excited to be a day one partner! Cheaper, faster bridging for users. Cross-settlement makes rebalancing for relayers easier, allowing them to be more capital efficient. twitter.com/EverclearOrg/s… Quote [@EverclearOrg](https://www.twitter.com/EverclearOrg/status/1838594319609139246) > .@SynapseProtocol joins Everclear as a Day-1 Rebalancer! 🎉 > > Synapse Protocol Relayers will monitor intent auctions and utilize discounted intents for optimized settlements and intent fulfillment facilitated by Everclear’s Clearing Layer. 🤝 > > Learn more: blog.everclear.org/synapse-protoc…
Excited to be a launch partner of @EverclearOrg 🥳 Their settlement layer will be key to driving down cross-chain costs for users, particularly on @SynapseProtocol ! twitter.com/EverclearOrg/s… Quote [@EverclearOrg](https://www.twitter.com/EverclearOrg/status/1836391877580669126) > Everclear, the first Clearing Layer, is now live on mainnet beta. ✨ > > By coordinating the global settlement of liquidity between chains, Everclear dramatically reduces rebalancing costs for solvers & other actors in the space to power scalable Chain Abstraction. > > Learn more 👇
Excited to announce that the Synapse DAO is the recipient of a ~140k OP grant from the Optimism Collective Retro PGF 4! Synapse drove 25% of all high value addresses on @Optimism , 10x more than all other bridges combined
You're right, Chris; the data doesn't lie. We compared Synapse, Across & Stargate covering every route combination between Ethereum and major L2s, checking both ETH and USDC. Synapse is cheapest in 45 of 60 routes. Synapse users save 81.2% on average. 👇 Data & code below. twitter.com/cburniske/stat… Quote [@cburniske](https://www.twitter.com/cburniske/status/1796582605472846324) > Data doesn't lie: @AcrossProtocol is consistently cheaper and faster than @StargateFinance, despite marketing that will try to convince you otherwise. twitter.com/hal2001/status…
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