Verified OGs:
9
CryptoFam:
211
Projects:
25671
BTC:
$113,975
0.62%
ETH:
$3,614.74
1.60%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.80T
Fear&Greed:
60
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      SYNTHR SYNTH
      $0.00007 0.00%
      OG Score 14.20
      Reviews 1

      SYNTHR SYNTH Price

      $0.00007 0%
      Low All Time High
      $0.00006802 $0.062083

      Introduction

      SYNTHR $SYNTH is an omnichain synthetic asset protocol enabling slippage-free, cross-chain liquidity. More

      OG Score 14.20
      Reviews 1
      Market Cap $14,171
      Market Cap Rank # 9903

      Token Stats

      Fully Diluted Valuation $38,429
      24H Trading Volume $30,392
      24H Low / High $0.00 / $ 0.00
      Circulating Supply 208.35 M
      Total Supply 565.00 M
      Max Supply 565.00 M

      Info

      Categories Synthetic Issuer 3 more
      Founder Ritwik Rudra
      Website app.synthr.io
      Socials
      Chains Arbitrum-one Ecosystem
      Explorer Arbiscan
      Contracts 0x072....5e060

      SYNTH/USD Price Chart

      24h 7d 1m All

      OG Evaluation

      OG Score

      OG Score Rank #996
      Reviews 1
      Gem Score 13.30

      OGAudit Coin Evaluation Metrics

      Innovation 19 .50
      Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
      Security 8 .70
      Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
      Community 15 .10
      Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
      Tokenomics 18 .40
      Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
      Team 10 .80
      Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
      Roadmap 12 .70
      Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

      SYNTHR $synth User Reviews

      What Crypto OGs are Saying About SYNTHR

      SYNTHR $synth Markets

      Name Pair OG Score

      About SYNTHR $synth

      What is SYNTHR (SYNTH)?

      SYNTHR $SYNTH is an omnichain synthetic asset protocol that facilitates the creation and trading of synthetic assets, known as syAssets, across multiple blockchain networks. By leveraging advanced oracle networks and cross-chain messaging protocols, SYNTHR $SYNTH aims to provide users with efficient collateral management, risk mitigation, price stability, and interoperability in the decentralized finance (DeFi) ecosystem. 

      Founded in 2022, SYNTHR $SYNTH is headquartered in Port Blair, India. The project is led by founder and CEO Ritwik Rudra, who brings experience in blockchain development and decentralized finance. 

      Key Features of SYNTHR $SYNTH

      • Omnichain Interoperability: Utilizes LayerZero's Omnichain technology to enable seamless interaction across various blockchain networks, including Ethereum, Arbitrum, Avalanche, Polygon, BNB Chain, and others.
         
      • Slippage-Free Trading: Employs a combination of pull and push oracles to maintain a secure, zero-slippage execution environment for synthetic asset trading. 
      • syAssets: Allows users to create synthetic assets (syAssets) that are derivatives of various financial assets, enhancing capital efficiency and providing exposure to a wide range of markets.
      • SynthSwap: An in-house decentralized exchange (DEX) that facilitates the exchange of syAssets with each other, operating through a mint-and-burn mechanism to ensure price stability.
         
      • Dynamic Rewards Allocation for Spread Reduction (DRASR): A framework designed to align oracle and DEX prices by dynamically rewarding liquidity providers based on the price difference between the oracle quote and the DEX quote.

      Use Cases of SYNTHR $SYNTH

      • Cross-Chain Asset Trading: Enables users to trade synthetic assets across multiple blockchain networks without the need for traditional bridging solutions, reducing friction and enhancing liquidity.
         
      • Decentralized Derivatives: Provides a platform for the creation and trading of decentralized derivatives, allowing users to gain exposure to various financial instruments in a trustless manner.
         
      • Yield Farming and Liquidity Provision: Offers opportunities for users to participate in yield farming and provide liquidity to the protocol, earning rewards in return.
         
      • Collateralized Debt Positions (CDPs): Supports the creation of CDPs, enabling users to mint syAssets by locking up collateral, thereby facilitating leveraged positions and capital efficiency.

      Conclusion

      SYNTHR $SYNTH is poised to play a significant role in the evolution of decentralized finance by providing a robust platform for synthetic asset creation and trading. Through its innovative use of omnichain technology, slippage-free trading mechanisms, and strategic partnerships, SYNTHR $SYNTH offers a comprehensive solution for users seeking efficient and secure access to a wide range of financial instruments across multiple blockchain networks.

      What is unique about SYNTHR (SYNTH)?

      SYNTHR $SYNTH distinguishes itself by offering an omnichain synthetic asset protocol that enables slippage-free trading and seamless interoperability across multiple blockchain networks, enhancing capital efficiency and user experience in the DeFi ecosystem.

      Who are the founders of SYNTHR (SYNTH)?

      The founder and CEO of SYNTHR $SYNTH is Ritwik Rudra.

      Who are the backers/investors of SYNTHR (SYNTH)?

      SYNTHR $SYNTH has partnered with several entities, including Axelar, LayerZero, Chainlink, Pyth, Infura, QuickNode, Halborn, Zokyo, Cido, The Graph, Gate, KuCoin, MEXC, and Sablier.

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