Meme Insider
Meme Insider investigated the token symbol “SYN” on Base and found two distinct projects using the same ticker. This guide helps you verify the correct contract addresses, understand each project’s purpose, and navigate trading and participation safely.
Why this matters
On EVM chains like Base, multiple tokens can share the same symbol (ticker). The safest way to identify the token you want is by its contract address.
Two different “SYN” tokens on Base
- Sysfi (SYN): Contract address on Base is
0x5881f9f7ddf7f3e942f4afce10a3efafa088fd4a(view on BaseScan). - Synapse Protocol (SYN): Official SYN contract address on Base is
0x432036208d2717394d2614d6697c46df3ed69540. Synapse is a well-known cross-chain interoperability protocol. Learn more at the Synapse Protocol website and the Synapse Bridge.
Before you buy, stake, or bridge, double-check the address against official sources to avoid interacting with the wrong token.
Synapse Protocol at a glance (official SYN on Base)
Synapse is a universal interoperability protocol connecting many blockchains. It supports asset transfers, swaps, and generalized messaging across L1s, sidechains, and L2s—including Base.
Key points:
- Generalized cross-chain communication: Move assets, call smart contracts, and send data across chains.
- Synapse Bridge: A user-facing product for swapping and bridging across EVM and non-EVM networks.
- Optimistic security: Off-chain actors watch for and flag malicious activity to protect cross-chain operations.
- Synapse Chain: An Ethereum-based optimistic rollup that aims to give cross-chain apps a fast, secure execution environment.
- SYN token utility: Governance votes, liquidity incentives, transaction fees on the network, economic security via staking/bonding (expected when Synapse Chain is live), and collateral in supported DeFi apps.
- Supply: Maximum supply capped at 250,000,000 SYN (subject to governance).
If your intent is to interact with Synapse’s official SYN on Base, confirm the address 0x432036208d2717394d2614d6697c46df3ed69540 via official documentation.
Sysfi (SYN) on Base: what the reports say
Sysfi is presented as a DeFi platform focused on decentralization, community governance, and utility-driven tokenomics, operating across EVM-compatible chains such as Base and Ethereum.
- Official website: sysfi.io
- Whitepaper: Sysfi Whitepaper
- Base token address:
0x5881f9f7ddf7f3e942f4afce10a3efafa088fd4a(BaseScan page)
Utility described by the project:
- Governance: Vote on platform decisions.
- Staking and farming: Lock tokens and provide liquidity to earn rewards.
- Launchpad access: Eligibility for new project launches.
- Community rewards: Incentives for active participation.
Tokenomics (high-level):
- Allocations for early supporters (presale), community rewards, and project/ecosystem growth.
- The project emphasizes decentralized control and DAO tooling alongside DeFi services.
Presale participation (per Sysfi materials)
If you plan to participate:
- Set up a wallet like MetaMask.
- Connect to the Base network.
- Visit the project’s presale info: Sysfi Presale.
- Follow instructions to contribute USDT or ETH and receive SYN.
Always confirm you’re on the correct, official presale page and validate contract addresses from the project’s main website or documentation.
Market notes and trading platforms
The research materials reference market data for SYN and list several exchanges, including Binance, KuCoin, Kraken, Gate.io, MEXC, Paribu, Crypto.com, Cofinex, and Zedcex. Availability can change rapidly and may differ by region and token variant; verify listings directly on the exchange before trading and ensure you are selecting the intended SYN with the correct contract.
For discovery, analytics, and trading on Base, you can also use GMGN.AI’s dedicated page for the Base address 0x5881f9f7ddf7f3e942f4afce10a3efafa088fd4a: https://gmgn.ai/base/token/fV1R5sZ5_0x5881f9f7ddf7f3e942f4afce10a3efafa088fd4a
Additional exchange links referenced in the reports:
Because the symbol “SYN” is shared, double-check the contract address shown on any trading page. If the exchange does not display the Base token address, cross-verify via the project’s official links and a block explorer like BaseScan.
Address verification best practices
- Start at the official project site or docs to find the canonical address.
- Confirm on a reputable block explorer (e.g., BaseScan).
- Cross-reference with community channels that have verified credentials (official X account, Discord, or Telegram announcements linked from the website).
- Be wary of tokens with the same symbol; the contract address is the source of truth.
- If bridging, verify you’re using the official bridge or a recognized aggregator and confirm the asset you receive matches the contract you expect.
Recent news referenced in the reports
- The materials mention a Coinbase delisting event affecting SYN alongside other tokens due to outdated standards, and subsequent price impact. As with all market news, rely on official exchange announcements and primary project communications for the most current status.
Key takeaways
- There are at least two “SYN” tokens on Base: Sysfi’s token at
0x5881f9f7ddf7f3e942f4afce10a3efafa088fd4aand Synapse Protocol’s official SYN at0x432036208d2717394d2614d6697c46df3ed69540. - Use the contract address as your definitive identifier; symbols alone are not sufficient.
- If you intend to interact with Synapse’s cross-chain ecosystem, confirm you’re using Synapse’s official address and products.
- If exploring Sysfi’s presale and DeFi features, validate links and addresses through Sysfi’s official site and documentation.
- For trading and analysis on Base, GMGN.AI offers token pages that include real-time data and safety checks for meme and emerging tokens.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile and carry risk. Always conduct independent research, verify contract addresses through official sources, and consider your risk tolerance before participating.
