Synonym Finance SYNO Price $ 0.00585

Synonym is a cross-chain credit layer designed for DeFi professionals, facilitating cross-chain borrowing, lending, and earning through a unified interface. It leverages Wormhole technology for seamless transactions across chains, supporting a truly cross-collateralized market without the need for asset wrapping or swapping. Synonym aims to fill the gap in the underdeveloped cross-chain lending sector by providing a flexible, easy-to-use platform that connects to various chains and assets. It is built on transparency, enhanced security, extensive connectivity through Wormhole, and is positioned to grow within the Wormhole ecosystem.