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View ChartSypool (SYP) is an asset management protocol built on the Solana blockchain. It allows investors to exchange fund shares using tokens such as BTC, ETH, and SOL, bringing professional financial services into a decentralized framework. Unlike conventional funds, Sypool fund managers can apply blockchain-specific strategies to generate returns for fund share holders. Because fund shares are themselves tokenized, they can function like almost any other token on the network. Sypool is also described as a synthetic asset management protocol and an on-chain asset management protocol offering AI-driven DeFi portfolios with tokenization and qualified fund managers. According to CoinMarketCap, SYP launched on 2021-07-06 and was listed on CoinMarketCap on 2021-09-21. SYP has a total supply of 1,000,000,000 tokens, with approximately 65,364,660 SYP in circulating supply, representing about 6.54% of the total supply according to CoinMarketCap.
Sypool's development is attributed to a professional team whose members had worked in well-known hedge funds and delivered strong performances in quantitative trading, later adapting those strategies to the crypto market. Technical members designed several projects providing social network and startup tools aggregator, and teammates have worked on a neuromorphic chip program with the Chinese Academy of Science. According to public sources, Sypool co-founder is Jackson Wong, who previously founded Quantum Technologies and Zhencheng Science and Technology Ltd. According to public sources, Sypool Protocol was founded in 2021 and is headquartered in the United Kingdom.
Sypool operates as a synthetic asset management protocol on Solana. Investors exchange fund shares using tokens such as BTC, ETH, and SOL, while fund managers use the platform to raise money in tokens. Fund managers can earn yield for investors through traditional approaches such as buying low and selling high, as well as through blockchain-native strategies. Fund shares are tokenized, meaning they can do almost everything other tokens can do. The protocol's early-stage product lineup includes four main offerings: Index-tracking SAP (Synthetic Asset Pool), Trader-based SAP, Structured Yield Fund, and Assets-based quantitative trading SAP. According to public sources, each pool is audited strictly to prevent managers from misconduct, and an insurance treasury exists to compensate investors from managers' misconduct and hacker attacks.
Sypool distinguishes itself through several features. It provides innovative products, with four main products in the early stage and more functions planned for future development. The team brings professional experience from well-known hedge funds and quantitative trading, adapted to the crypto market. Sypool also features a unique farming mechanism: a diminishing mechanism in which the releasing speed is accelerated in the first few years, after which the speed fluctuates based on staking volume and circulating supply. Additionally, the protocol is investor-friendly, with strict pool audits and an insurance treasury designed to compensate investors against managers' misconduct and hacker attacks. Its fund shares being tokenized further differentiates it from traditional blockchain funds.
SYP is a utility token built on the Solana blockchain with a total supply of 1 billion tokens. It underpins the Sypool asset management ecosystem, where investors exchange fund shares with tokens such as BTC, ETH, and SOL. The token supports participation in the protocol's synthetic asset pools, structured yield funds, and quantitative trading pools. Because fund shares are tokenized, they can function like other tokens, expanding the ways holders can interact with the ecosystem. SYP also plays a role in the protocol's staking and farming mechanism, which considers staking volume and circulating supply when determining release speed. According to public sources, SYP is the governance token, providing staking gains, voting power, and community rewards. It can be used to farm, trade, vote, mint SAP, and pay salaries and rewards to the community.
Sypool launched in 2021 on the Solana platform. Its early-stage roadmap centers on four main products: Index-tracking SAP, Trader-based SAP, Structured Yield Fund, and Assets-based quantitative trading SAP, with more functions to be developed in the future. According to public sources, SYP currently trades on about 15 active markets, with overall liquidity remaining low. According to public sources (snapshot as of 2026-10-23), SYP trades on about 15 active markets, with 24-hour volume of about $38.
SYP is not mined through proof-of-work. It is a token built on the Solana blockchain, and its distribution relates to the protocol's staking and farming mechanism. According to public sources, SYP is released through a diminishing farming mechanism, with the release speed accelerating in the first few years and then fluctuating based on staking volume and circulating supply. This design ties token release to network participation and supply conditions rather than energy-intensive mining. Users interested in acquiring SYP typically do so through supported trading venues rather than mining hardware.
Keeping SYP safe begins with using a wallet that supports Solana-based tokens and verifying the correct contract address before any transaction. Because SYP trades across decentralized and centralized venues, users should confirm they are interacting with legitimate markets and pairs. Sypool itself emphasizes investor protection through strict pool audits and an insurance treasury intended to compensate investors from managers' misconduct and hacker attacks. General best practices apply: store tokens in a reputable wallet, safeguard private keys and seed phrases, enable available security features, and be cautious of phishing attempts. Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of your entire capital, so independent assessment and professional advice are encouraged.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SYP are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Sypool (SYP) is $0.000066. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SYP to USD rate at the top of BTCC’s price page. In terms of market scope, Sypool records a 24h trading volume of $125.79766 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $4.197227K. Its current circulating supply stands at 65.36M out of a maximum supply cap of ∞.
The price volatility of Sypool (SYP) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (65.36M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Sypool (SYP) hit an all-time high (ATH) of $0.161397 on 2021-11-03 05:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000063 on 2026-08-30 23:55. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading SYP futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($125.79766), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SYPUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Sypool, simply log into your BTCC account with USDT margin available, navigate to the SYPUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for SYPUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000066), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SYPUSDT with zero financial risk.
Trading Sypool (SYP) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SYPUSDT, and review its live price ($0.000066) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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