Synapse is a universal interoperability protocol that enables secure cross-chain communication. It connects blockchains by providing an extensible cross-chain messaging protocol that supports assets, smart contract calls, and more. With Synapse, blockchains can securely and easily interoperate with one another, and developers can create truly cross-chain applications, including cross-chain DEXs, lending platforms, margining systems, derivatives markets, yield aggregators, and much more.
According to monitoring by on-chain analyst Ai Yi, a number of smart money addresses are trading volatile and altcoins on Aster. Details are as follows:A whale opened a 1x short position on ESPORTS worth $9.58 million, which has now yielded an unrealized profit of $5.005 million.Addresses 0x2d4 and 0x961 opened 2x short positions on GUA worth $547,000, with profits exceeding $1.29 million, representing a return rate of 235%.Addresses 0x2A3 and 0x134 opened long positions on SYN worth $1.5 million and $504,000 respectively, with unrealized profits of $174,000 and $435,000 so far.
according to Lookonchain monitoring, a whale opened a 2x leveraged long position of 3.46 million SYN (approximately $1.69 million) on the decentralized exchange Aster through a newly created wallet 0x2A32. The position has generated unrealized gains of approximately $662,000 in less than two days, highlighting the high-leverage profit effect brought by short-term SYN price volatility.
Odaily News: Two wallets lost approximately $187,000 in funds after failing to revoke approvals signed in 2024. One incident involved 124,000 USD worth of SYN, with the approval signed in February 2024; the funds arrived on August 30 and were drained about 25 hours later. The other involved 62,489 USDC, with the approval signed in July 2024; the funds arrived on August 27 and were drained about 4 days later.
According to a GoPlus Chinese community security alert, a user had approximately 97,000 SYN drained by a phisher after signing a malicious Permit transaction 922 days ago. Subsequently, due to failing to revoke the related approval, an additional $122,000 worth of SYN was stolen. GoPlus warns users to guard against phishing risks, avoiding clicking unfamiliar links, installing unverified software, signing unknown transactions, or transferring funds to unverified addresses.
On-chain data shows that BitMEX co-founder Arthur Hayes sold 6.16 million SYN, worth approximately $658,000; simultaneously, he bought 3.05 million ENA, worth approximately $248,000.
Odaily News: According to Lookonchain monitoring, Arthur Hayes sold 6.16 million SYN, valued at $658,000, and purchased 3.05 million ENA, worth $248,000.
According to monitoring by on-chain analyst Ai Yi, a number of smart money addresses are trading volatile and altcoins on Aster. Details are as follows:A whale opened a 1x short position on ESPORTS worth $9.58 million, which has now yielded an unrealized profit of $5.005 million.Addresses 0x2d4 and 0x961 opened 2x short positions on GUA worth $547,000, with profits exceeding $1.29 million, representing a return rate of 235%.Addresses 0x2A3 and 0x134 opened long positions on SYN worth $1.5 million and $504,000 respectively, with unrealized profits of $174,000 and $435,000 so far.
According to the official announcement, HTX listed MVLL/USDT and SYN/USDT perpetual contracts on July 1, both with maximum leverage of up to 10x. Meanwhile, HTX will launch the MVLL and SYN contract trading competition from 15:00 on July 1 to 15:00 on July 8 (UTC+8), with a total prize pool of up to $20,000.