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0.01735881 USD
% Change
3.25%
Market Cap
8.28M USD
Volume
2.49M USD
Circulating Supply
478M
Syndicate to Wind Down Syndicate Network Collective
Syndicate announced that it will wind down the Syndicate Network Collective after the rollup market shrank significantly. According to the thread, the decision does not affect Syndicate Labs, and SYND governance is not immediately impacted. The team said affected customers and SYND holders on Commons Chain have been made whole, while open-source code will remain available for contributors.
Event date: May 21, 2026 UTC
Syndicate
@syndicateio
@syndicateio
Syndicate Labs is winding down.
After five years building onchain developer infrastructure, the rollup market has fundamentally shifted, making this decision necessary.
Here's what this means for the network, token holders, and developers building with Syndicate.
After five years building onchain developer infrastructure, the rollup market has fundamentally shifted, making this decision necessary.
Here's what this means for the network, token holders, and developers building with Syndicate.
Syndicate
@syndicateio
@syndicateio
Syndicate has always focused on giving developers the customization and control to bring any app onchain, at scale.
Unfortunately, the rollup market has shrunk dramatically. For every new rollup spinning up, several more are quietly shutting down.
Unfortunately, the rollup market has shrunk dramatically. For every new rollup spinning up, several more are quietly shutting down.
SYND Price Changes After Event Publication
21.55%
1 day
9.38%
2 days
53.24%
Now (Added 1 month ago)
The event is about to begin
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May 21 21:42 (UTC)
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