Synonym Finance

Synonym is a universal cross-chain credit layer for busy DeFi Professionals. We’re building the cross-chain lending and borrowing experience that users deserve, powered by the Wormhole cross-chain technology stack. Users can earn yield, borrow, repay and withdraw from any chain, all from a single unified interface. Our markets are truly cross-collateralized, meaning users can borrow on destination chains with source chain collateral, all without using other applications to wrap, unwrap and swap cross-chain assets. We also leverage the unique strengths of both Arbitrum and Circle’s CCTP-enabled USDC to improve the performance of our overall implementation.