SynapseSYN

The token of Synapse, a bridge and liquidity network for moving assets between blockchains.

Rank #597Since August 2021

Price on 31 Oct 2026

C$0.2231 +56.9% since 31 Jul 2026 · 96.3% below its all-time high

The short version

SYN is the token of Synapse, a cross-chain bridge and liquidity network that began in Aug 2021 as a rebrand of Nerve; in 2026 its activity shifted toward Hypercall, a trading venue. Synapse plans to fold SYN into a 'Cortex' token, CX, at 1 SYN to 5.5 CX, with no confirmed date. On 31 Oct 2026 one SYN cost C$0.2231. From 31 Jul 2026 to 31 Oct 2026 its price changed +56.9% in Canadian dollars, and it was 96.3% below its all-time high of C$6.08 set on 23 Oct 2021.^[1]

Checked 31 Oct 2026 · 10 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.7998 (1 Jul 2026) · low C$0.0394 (11 Jun 2026) · +114.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.2228	US$0.1596
30 Sep 2026	C$0.2399	US$0.1685
31 Aug 2026	C$0.1327	US$0.0957
31 Jul 2026	C$0.1488	US$0.1061
30 Jun 2026	C$0.7258	US$0.5110
31 May 2026	C$0.0609	US$0.0442
30 Apr 2026	C$0.0714	US$0.0526
31 Mar 2026	C$0.0619	US$0.0445
28 Feb 2026	C$0.0823	US$0.0602
31 Jan 2026	C$0.1358	US$0.1006
31 Dec 2025	C$0.0701	US$0.0512
30 Nov 2025	C$0.0841	US$0.0599

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.2231^[1]
3-month change: +56.9% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 96.3% below its high of C$6.08 (23 Oct 2021)^[1]
Market rank: #597, market value about C$48.8M^[1]
Kind: Token · Ethereum (ERC-20); also on Arbitrum, Base, BNB Chain and other chains
Started: August 2021

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesA 2-of-3 multisig can grant mint rights; bridge and migration contracts hold them now^[2]

Can anyone freeze or take coins from holders?NoGoPlus finds no blacklist, pause or balance-change function^[3]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[3]

Is the supply capped?NoContract has a mint function and governance can change the 250M maximum^{[3, 4]}

Any scheduled unlocks in the next 12 months?Not disclosedNo vesting schedule published; about 14.1M SYN remain below the maximum^[5]

Does a team or foundation hold over 10% of supply?Not disclosedTeam and treasury holdings are not published^[5]

Do network fees reach coin holders?NoNo burn or buyback is live; a Hypercall buyback proposal is pending^{[6, 7]}

Main network hacked or halted in the past 2 years?NoNo exploit of the Synapse bridge or SYN contract found since Nov 2024^[8]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Team: Largely pseudonymous; no company or headquarters confirmed in the sources checked^[6]
Treasury holder: Toronto-listed SonicStrategy took 7.92M SYN in a C$2.25M private placement (first tranche 9 Oct 2026)^[6]
Planned migration: SYN to CX (Cortex) at 1:5.5; date not confirmed^[6]

Supply

In circulation: 219.07M SYN of a 250.00M maximum (87.6%)^[1]
Fully diluted value: 1.14 times its current market value^[1]
Supply: 235.9M circulating of a 250M maximum (94.3%)^[5]
Cap changes: Governance can change the 250M maximum^[4]
Unlocks: At most about 14.1M SYN left below the maximum; no schedule published^[5]

Use and fees

Main use: Bridge and liquidity routing; the Hypercall trading venue and an SDK used by Filecoin Onchain Cloud^[6]
Network fees: Bridge fees US$40.0K in the past year; nothing to holders^[7]
Buyback proposal: 70% of Hypercall fees to SYN buybacks, proposed 25 Sep 2026; outcome not found^[6]

Trading

Daily trading: About C$21.5M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 24.06% of its market value changes hands each day^[1]
20-week average: 11.4% below its 20-week average price^[1]
1-year change: +113.0% in C$^[1]^[9]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later^[10]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: A 2-of-3 multisig holds the admin role on SYN's Ethereum contract and can grant anyone the right to mint SYN.^[2]

SonicStrategy shares issued for SYN in the 9 Oct 2026 placement are restricted until Feb 2027.^[6]
An Apr 2026 report linked funds from a Polkadot-ecosystem exploit to the Synapse bridge; it was not confirmed.^[6]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.