Syndicate (SYND) Up 73% Following Mainnet Launch

SYND, the native token of the Layer 2 application infrastructure network, Syndicate, has captured significant market interest in the past 24 hours. The token has emerged as one of the top gainers, surging by over 73% today.

The token’s surge was catalyzed by the Syndicate Mainnet launch and its community-first token launch on Aerodrome.

What is the Syndicate Network?

The Syndicate Network is a decentralized infrastructure platform designed to enable developers to build and deploy custom application-specific blockchains (appchains). The platform provides developers with programmable, on-chain smart sequencers to customize their appchains.

Syndicate seeks to create a community-owned internet, delivering on the ‘’original promise of Web3.’’ The platform allows blockchain developers and communities to gain complete control of their networks. Thus, developers can customize the transaction ordering, fee structures, and governance models of their appchains without centralized intermediaries.

Syndicate boasts of being one of the ‘’first decentralized networks to be built and launched in America.’’ Notably, the platform was built under the Wyoming-based legal framework, the Decentralized Unincorporated Nonprofit Association (DUNA). 

The Wyoming DUNA is a legal entity designed to grant decentralized autonomous organizations (DAOs) legal status without compromising decentralization. It provides a model for how decentralized networks can operate compliantly and transparently while giving true ownership and control to communities. 

Syndicate Mainnet Goes Live

Syndicate launched its mainnet on September 16. It is built with Arbitrum Nitro, an Ethereum Layer 2 scaling solution designed to boost transaction speeds. The Syndicate Mainnet will serve as the sequencing hub for all appchains built on the network.

While end-users interact with individual appchains, developers deploy sequencing contracts on the Syndicate Mainnet. Notably, all profits generated from network activities are transferred to the DUNA and community-owned treasury. There, the Syndicate community can vote on how the funds will be utilized, including gas subsidies, funding grants, and new infrastructure.

SYND Surges 73%

To further demonstrate its commitment to building a community-first internet, Syndicate launched its native token, SYND, on the decentralized exchange, Aerodrome, earlier today. The token generation event (TGE) allows the community to access SYND tokens via the SYND/WETH trading pool on Aerodrome.

SYND is for the first time now available on @AerodromeFi on @base.

The SYND/WETH pool is open on Aerodrome, emissions are flowing, and the market is building liquidity in real-time.

This is what a Community-First Launch looks like. pic.twitter.com/edlzieeXgI

— Syndicate (@syndicateio) September 18, 2025

Notably, earlier in September, Syndicate airdropped SYND tokens to over 100 DAOs and decentralized networks. 

Following the token launch, SYND soared by over 73% to hit a price of $2.61, with a market cap of over $1 billion. The token also saw a massive spike in its trading activity, surging to over $40 million, according to CoinGecko data. The token has since shed some of its gains and is trading at $1.97 at press time.

With a supply cap of 1 billion tokens, SYND serves as the backbone of the Syndicate Network. It is used to pay gas fees on the network. It also offers governance rights to holders, allowing them to participate in ecosystem decisions.

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