SynapseSYN

Total Value Locked (TVL) measures the total USD value of assets held in Synapse protocol's bridge and swap contracts across multiple blockchain networks. Synapse is a cross-chain bridge protocol that enables users to transfer assets between different blockchains. The metric answers the question: "What is the total value of assets currently locked in Synapse's smart contracts?" The calculation treats TVL as equivalent to net deposits, tracking the cumulative balance of tokens held in Synapse's bridge and swap contracts across eight supported blockchain networks. The methodology aggregates token balances from specific allowlisted contract addresses and converts them to USD values using end-of-day price feeds.Learn more