Introducing Synapse Protocol
Synapse is the most widely used, extensible, and secure cross-chain communications network. Get route quotes in the Bridge panel, and connect your wallet when you are ready to …
With support for Ethereum, Polygon, Avalanche, and Binance Smart Chain, we are introducing Synapse.
How it works
Pick your origin and destination chain, and which assets you'd like to swap. It's that simple.
Within a few minutes, the user will receive the destination asset on the desired chain.
Behind the scenes, the Synapse validators all track each blockchain that the Network supports. These validators are leaderless, and upon receiving on-chain events, each validator runs the same process to validate and finalize the event. Once two-thirds of all validators have collectively signed the same transaction using their own individual key, the network achieves consensus and issues the requested transaction on the destination chain.
Providing Liquidity on Synapse AMMs
We’re starting out with stablecoins as our first bridge asset. As such, we’re launching a cross-chain stablecoin called nUSD — which is fully backed 1:1 by an native ERC20 DAI/USDC/USDT LP token
On each of the chains supported, a stableswap pool is paired between nUSD and the chain’s native stablecoins. This is used to price and incentivize asset rebalance across chains.
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