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Synapse Protocol

updated testnet is live btw. Gonna hold off on publishing blog post for a bit (trying to figure out a few things around mainnet) but

• trollbox is live on desktop
• strategies are live (desktop/mobile)
• spacex is live

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Synapse Protocol

@Trajan0x Sir, when will the mainnet go live?

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Synapse Protocol

Ok great. Thx for the quick update!

Just holding the line till further notice.

Btw, half a year ago i already made peace with myself that SYN/CX was a rugpull. So quite nice to see that you guys still chasing goals.

✌🏼

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Synapse Protocol

Ok. You’ve changed strategy, trying a entirely different product with all the reasons why.

But there’s no news regarding SYN&CX swaps to the new hypercall coin until the next governance proposal.

Is that about right?

Furthermore, will this group still be active? And what are the actual TG groups? I think I’m in 3 or 4. update on this would be cool too.

Thx!

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Synapse Protocol

https://medium.com/synapse-protocol/holder-update-2e7fa30cca24

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Synapse Protocol

https://x.com/SynapseProtocol/status/2049553329357807673?s=20

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Synapse Protocol

There were a lot of migrations of our block schema, etc that are going into this release and testnet is already over 200m orders all of which need to go through our modified span grid

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Synapse Protocol

@Trajan0x Hey, wasn't that the greatest release ever this week?

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Synapse Protocol

There's no claim or re-embursement

Please check the last holder update https://medium.com/synapse-protocol/holder-update-2e7fa30cca24

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Synapse Protocol

i thought i had this coin, i don't remember if we were waiting for re-embursement

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Synapse Protocol

New Hypercall Insights Just Dropped

https://x.com/SynapseProtocol/status/2043154387342643276

And tomorrow we'll have dev update + desktop launching

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Synapse Protocol

Have not sold a single coin outside of covering taxes on initial receipt in 5 years.

We're building one of the best/most ambitious products in crypto right now and it'll suceed or it won't but can assure you it has nothing to do with team selling

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Synapse Protocol

Hi All!

We put out an article on how Hypercall works with HIP-4:

https://x.com/SynapseProtocol/status/2042734706509103300

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Synapse Protocol

Hypercalls Trading Competition is now live!

https://x.com/SynapseProtocol/status/2041245288778604979?s=20

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Synapse Protocol

New Twitter thread is up:

https://x.com/SynapseProtocol/status/2040992106118832344?s=20

We cover:

• Wether the AI bubble is about to burst: https://docs.hypercall.xyz/insights/ai-supply-chain-options-2026-04-05
• Hypercall's latest dev update: https://blog.hypercall.xyz/product-update-week-3-of-testnet/
• and more!

Trading competition starts tomorrow: https://docs.hypercall.xyz/docs/competition/

Be ready.

Like, RT, Angrily comment. Just engage.

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Synapse Protocol

Should be very soon (like this week), but "live" will probably look like an incremental rollout moreso than a monotnic switch from "testnet to mainnet".

That means:

1. whitelist + deposit cap
2. deposit cap
3. mainnet

The idea here is we can continue to iterate into product-market-fit before spending a ton of time on:

• Security (as an example, we spent $500k on audits before deploying Synapse because of total TVL). If we have smll tvl, that's not as big of a problem since we can just refund
• Decentralization: see point above. We're very serious about building the worlds largest options venue in a decentralized way. We're less serious about doing that before we know our product is something people want to use. Hypercall will remain in stage 0: https://l2beat.com/stages until we have traction and we will be transparent about our centarlization factors. That does not mean we will not decentralize, but we are not going to spend resources there on a product no one wants
• Liquidity: This is actually a big one. Options liquidity is particularly hard because of the instrument count. Let's say you want to launch a perp exchange with BTC. You launch BTC-PERP and you're done. With options you've got to launch hundreds of "instruments" (put/call, strike, date). Fragmenting liquidity is a real concern here and it's why we've built RPI: https://docs.hypercall.xyz/docs/venue-rules/order-priority/#limit-orders RPI effectiely takes the best of Ostiums RFQ model (see: https://members.delphidigital.io/feed/ostium-venue-choice-drives-real-pnl) and Hyperliquids on-chain price discovery. The novelty is definitely a bit tough for market-makers though and while we expect them to integrate, we first need to prove that there is retail demand for options on RWAs on chain. We think we can do this, but it's not really possible to do if one guy goes on and takes all our liquidiy in a single clip

Anyway, that's how we think about it so first version of "mainnet" will probably be 1-2 ppl w/ 1-2 new ppl added per day until we have confidence in our systems.

btw- we have a new group /channel/hypercall_trollbox Would love to see you there

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Synapse Protocol

Hope to see you in the new group!

Not sure how much you know about Hypercall but I think this is one of the biggest oppurtunities in the world.

Not a single place you can trade RWA options in crypto rn.

https://blog.hypercall.xyz/hypercall-the-options-layer-on-hyperliquid/

Anyway - happy to hear that

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Synapse Protocol

Hi -

There is no new token. https://docs.hypercall.xyz/docs/governance/token/

Syn remains the canonical token. https://medium.com/synapse-protocol/holder-update-2e7fa30cca24 has more details

Re: this group, yes but I think new default will be

@hypercall_trollbox in tg. We'll do our best to keep this, the cortex updated in the near term.

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Synapse Protocol

You should have all the answers in that medium post. Let me know if you're still confused with anything

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Synapse Protocol

I‘m lost. First we need to bridge SYN to CX now back? What’s the current status? Can someone provide me please a quick update.

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Synapse Protocol

Okay, can we post it over the weekend?

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Synapse Protocol

Hey- we’re running a bit (well, 5 days tbh) behind. We have one backtest going that has to finish and then we’ll be good to go

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Synapse Protocol

Hi @Trajan0x check my DM 🙏

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Synapse Protocol

is claim now available? if yes where?

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Synapse Protocol

Dev update just dropped!

https://x.com/SynapseProtocol/status/2043753667157692765

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Synapse Protocol

Well, I hope you succeed.

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Synapse Protocol

@Trajan0x Dude, go easy on us when you're dumping your coins—you keep posting good news every day, but the price keeps dropping.

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Synapse Protocol

The Hypercall Thesis:

https://x.com/trajan0x/status/2041338043878306199?s=20

(Boosts appreciated!)

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Synapse Protocol

https://x.com/SynapseProtocol/status/2041015992726290921

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Synapse Protocol

https://x.com/SynapseProtocol/status/2040166671738876129

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