Syndicate

SYND Price

About Syndicate (SYND)

Syndicate is a decentralized infrastructure protocol that enables developers to build and operate smart rollups with programmable, on-chain sequencers.

• Programmable Sequencing: Moves transaction ordering logic from centralized off-chain services into transparent smart contracts on the Syndicate Network.
• Appchain Infrastructure: Provides a three-layer architecture (Execution, Sequencing, and Settlement) for creating application-specific blockchains with custom economic models.
• Dual-Token Utility: The SYND token functions as both the native gas token for the network and the governance token for the ecosystem's decentralized association.

What Is Syndicate

Syndicate is an infrastructure layer designed to scale Ethereum by transforming rollups and sequencers into programmable smart contracts. Its main value proposition lies in replacing the "black box" of centralized sequencers with "Smart Sequencers"—on-chain contracts that allow developers to customize transaction ordering, fee structures, and MEV (Maximal Extractable Value) strategies.

Value moves through the system as developers launch appchains that utilize the Syndicate Network for sequencing services. The SYND token is put to work as the primary medium for paying these sequencing fees and as a staking asset that secures the network. As the ecosystem grows and more appchains are deployed, the demand for Syndicate's sequencing blockspace scales, increasing the utility and circulation of the native token within its multi-layer architecture.

What Makes Syndicate Unique

• Smart Sequencers: Unlike traditional rollups that rely on centralized off-chain sequencers, Syndicate enshrines sequencing logic directly into on-chain smart contracts.
• Atomic Composability: The network enables different appchains to communicate and transact with each other seamlessly through its shared sequencing hub.
• Infrastructure as Ownership: By using the Decentralized Unincorporated Nonprofit Association (DUNA) framework, the project shifts control of the infrastructure from a centralized provider to the community of token holders.
• Customizable Economics: Developers can enshrine specific protocol tools, such as oracles or random number generators, directly into the sequencing layer to optimize performance.

What Can You Use Syndicate for?

• Network Gas: Pay for transaction sequencing, the deployment of sequencer contracts, and the writing of blocks to the Syndicate Network.
• Staking Rewards: Stake tokens on the Commons Chain (an L3 settling on Base) to earn emissions from specialized pools based on stake duration and appchain performance.
• Ecosystem Governance: Participate in the Syndicate DUNA to vote on treasury allocations, protocol upgrades, and strategic partnerships.
• Appchain Backing: Allocate staked tokens to specific appchains to subsidize their operations and share in their success through performance-based rewards.

How Does Syndicate Work?

Syndicate operates using a modular three-layer architecture. The Execution Layer handles transaction processing via rollup frameworks, while the Sequencing Layer (Syndicate Network) manages transaction ordering through programmable smart contracts. Finally, the Settlement Layer (typically Ethereum or Base) provides the ultimate security and finality for the data.

Transaction processing requires users and appchain operators to pay gas fees in SYND. These fees cover the computational effort of the smart sequencers and the cost of writing sequenced data to the underlying settlement layer. In its mature state, the network utilizes Proof of Stake validation, where token holders stake SYND to secure the sequencing hub and earn a portion of the generated protocol service fees.

Team Info and Investors

Syndicate was co-founded by Ian Lee and Will Papper, both of whom have extensive backgrounds in venture capital and decentralized technology. The project has raised approximately $28 million in funding across several rounds, with lead participation from Andreessen Horowitz (a16z). Other notable investors include Coinbase Ventures, IDEO CoLab Ventures, Electric Capital, and Variant Fund. Governance is managed through a Wyoming Decentralized Unincorporated Nonprofit Association (DUNA), which oversees a community treasury of 258.7 million SYND tokens.

Where can you buy Syndicate?

SYND tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Syndicate is Coinbase Exchange, where the most active trading pair SYND/USD has a trading volume of $67,425.98 in the last 24 hours. Other popular options include Kraken and Aerodrome SlipStream.

What is the daily trading volume of Syndicate (SYND)?

The trading volume of Syndicate (SYND) is $82,636.04 in the last 24 hours, representing a 75.90% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Syndicate (SYND)?

Syndicate (SYND) reached an all-time high of $2.61 and an all-time low of $0.004206. It’s now trading -99.70% below that peak and 93.20% above its lowest price.

What is the market cap of Syndicate (SYND)?

Market capitalization of Syndicate (SYND) is $3,890,614 and is ranked #1928 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SYND tokens (480 Million tokens are tradable on the market today).

What is the fully diluted valuation of Syndicate (SYND)?

The fully diluted valuation (FDV) of Syndicate (SYND) is $8,127,457. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion SYND tokens are in circulation today. Depending on how the emission schedule of SYND tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Syndicate compare against its peers?

With a price decline of -4.80% in the last 7 days, Syndicate (SYND) is underperforming the global cryptocurrency market which is up 4.00%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.00%.

How to add Syndicate (SYND) to MetaMask?

Adding Syndicate (SYND) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SYND as a token. You can copy SYND’s contract address (0x1bab804803159ad84b8854581aa53ac72455614e) and import it manually, or if you've installed MetaMask's chrome extension, add SYND to MetaMask with one click on CoinGecko.

Add SYND to MetaMask.