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Buy SYNUSD
$0.0453
+0.0008 (+1.70%)
At Close: Jun 03, 2026
Nima Capital dumps SYN tokens, shakes DeFi trust foundations
11:30am, Tuesday, 05'th Sep 2023
Nima Capital, a long-term financing partner of the Synapse cross-chain bridge, dumped over 9 million SYN tokens. The move sent the token's value plummeting by 20%, hitting a multi-week low of $0.30.
Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug
07:47am, Tuesday, 05'th Sep 2023
The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN.
Synapse token, TVL slide following major liquidity provider sell-off
05:15am, Tuesday, 05'th Sep 2023
Synapse Labs, the main contributor to the cross-chain bridge Synapse (SYN), confirmed that an unnamed liquidity provider sold SYN tokens and removed liquidity from the bridge. In a Sept. 5 statement o
SYN price plummets after liquidity provider offloads tokens
10:35pm, Monday, 04'th Sep 2023
An unnamed liquidity provider sold millions of SYN — the native token of the cross-chain bridge Synapse — prompting a sharp drop in its price.
