<?xml version="1.0" encoding="utf-8" ?><feed xmlns="http://www.w3.org/2005/Atom" xmlns:tt="http://teletype.in/" xmlns:opensearch="http://a9.com/-/spec/opensearch/1.1/"><title>Tarik</title><author><name>Tarik</name></author><id>https://teletype.in/atom/defi-news</id><link rel="self" type="application/atom+xml" href="https://teletype.in/atom/defi-news?offset=0"></link><link rel="alternate" type="text/html" href="https://teletype.in/@defi-news?utm_source=teletype&amp;utm_medium=feed_atom&amp;utm_campaign=defi-news"></link><link rel="next" type="application/rss+xml" href="https://teletype.in/atom/defi-news?offset=10"></link><link rel="search" type="application/opensearchdescription+xml" title="Teletype" href="https://teletype.in/opensearch.xml"></link><updated>2026-07-31T21:32:53.027Z</updated><entry><id>defi-news:SyncSwap-overview</id><link rel="alternate" type="text/html" href="https://teletype.in/@defi-news/SyncSwap-overview?utm_source=teletype&amp;utm_medium=feed_atom&amp;utm_campaign=defi-news"></link><title>The Fastest Way to Start as a SyncSwap Liquidity Provider</title><published>2026-07-31T16:21:13.978Z</published><updated>2026-07-31T16:21:13.978Z</updated><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img1.teletype.in/files/85/95/8595a8db-6dd4-4c48-9de2-1803279d918f.png"></media:thumbnail><summary type="html">&lt;img src=&quot;https://img4.teletype.in/files/fd/32/fd328a55-40a4-4ea6-9b29-5e5cc2f7a6e9.jpeg&quot;&gt;With two tokens and a connected wallet, a user can do more than swap on SyncSwap: the user can deposit both assets into a liquidity pool and receive a proportional claim on that pool while other traders use it. SyncSwap is a non-custodial DEX that currently presents zkSync Era, Linea and Scroll, with Classic, Stable and Range pools. The SyncSwap app is where that process starts.</summary><content type="html">
  &lt;figure id=&quot;9HZw&quot; class=&quot;m_column&quot;&gt;
    &lt;img src=&quot;https://img4.teletype.in/files/fd/32/fd328a55-40a4-4ea6-9b29-5e5cc2f7a6e9.jpeg&quot; width=&quot;1200&quot; /&gt;
  &lt;/figure&gt;
  &lt;p id=&quot;lKlR&quot;&gt;With two tokens and a connected wallet, a user can do more than swap on SyncSwap: the user can deposit both assets into a liquidity pool and receive a proportional claim on that pool while other traders use it. SyncSwap is a non-custodial DEX that currently presents zkSync Era, Linea and Scroll, with Classic, Stable and Range pools. The &lt;a href=&quot;https://syncswap.app/&quot; target=&quot;_blank&quot;&gt;SyncSwap&lt;/a&gt; app is where that process starts.&lt;/p&gt;
  &lt;h2 id=&quot;0BNc&quot;&gt;Two tokens are the entry ticket to SyncSwap liquidity&lt;/h2&gt;
  &lt;p id=&quot;bxwW&quot;&gt;A decentralized exchange, or DEX, lets people trade crypto through blockchain transactions rather than depositing funds with a central exchange. &lt;a href=&quot;https://www.coinbase.com/en-de/learn/crypto-basics/what-is-a-dex&quot; target=&quot;_blank&quot;&gt;Coinbase’s DEX definition&lt;/a&gt; describes the model as a peer-to-peer marketplace accessed through a compatible wallet.&lt;/p&gt;
  &lt;p id=&quot;z1d6&quot;&gt;SyncSwap uses liquidity pools instead of a traditional order book. A pool holds reserves of two tokens, such as ETH and USDC. When a trader swaps one asset for the other, the pool’s balances change and the smart contract calculates the resulting price.&lt;/p&gt;
  &lt;p id=&quot;VUx3&quot;&gt;The less obvious role is that the user can supply those reserves. That makes the wallet owner a liquidity provider: part of the inventory that allows someone else to trade.&lt;/p&gt;
  &lt;h2 id=&quot;5Nhg&quot;&gt;SyncSwap only works when the wallet and network agree&lt;/h2&gt;
  &lt;p id=&quot;5E9m&quot;&gt;The first practical step is choosing the network. The current interface lists zkSync Era, Linea and Scroll, so the wallet must hold the relevant assets on the same network selected in the app. Tokens on Ethereum mainnet or another chain are not automatically available for a pool on Linea or zkSync Era.&lt;/p&gt;
  &lt;p id=&quot;htKk&quot;&gt;This is a network condition, not a SyncSwap preference. ZKsync’s current documentation describes Era as a Layer 2 rollup that executes transactions off-chain, groups them into batches and submits validity proofs to Ethereum. That architecture is why a wallet can interact with a DEX on Era without executing every operation directly on Ethereum mainnet.&lt;/p&gt;
  &lt;p id=&quot;FT11&quot;&gt;Gas is separate from the pool deposit. The wallet needs the network’s accepted gas asset to approve tokens and submit the transaction, even when the tokens being deposited are something else.&lt;/p&gt;
  &lt;h2 id=&quot;fkia&quot;&gt;Classic, Stable and Range answer different pool questions&lt;/h2&gt;
  &lt;p id=&quot;FWTS&quot;&gt;The app currently shows three pool categories: Classic, Stable and Range. Their names are useful starting points, but they are not a substitute for reading the live pool details.&lt;/p&gt;
  &lt;p id=&quot;T2IV&quot;&gt;Pool choice&lt;/p&gt;
  &lt;p id=&quot;JWgl&quot;&gt;What to check first&lt;/p&gt;
  &lt;p id=&quot;qCLw&quot;&gt;Classic&lt;/p&gt;
  &lt;p id=&quot;iwgB&quot;&gt;Whether the pair is a general-purpose token market and whether its liquidity is sufficient for the trades expected.&lt;/p&gt;
  &lt;p id=&quot;MkrR&quot;&gt;Stable&lt;/p&gt;
  &lt;p id=&quot;tXlk&quot;&gt;Whether the two assets are designed to remain close in value, such as two dollar-pegged tokens.&lt;/p&gt;
  &lt;p id=&quot;AnLe&quot;&gt;Range&lt;/p&gt;
  &lt;p id=&quot;lPnq&quot;&gt;How the position behaves inside and outside its stated price range, and whether the user can monitor it.&lt;/p&gt;
  &lt;p id=&quot;BezK&quot;&gt;A Linea guide explains dual-sided liquidity provision as depositing two asset types, often in equal value, so other users can trade between them. That is the core action here: the deposit is not a savings account and the pool does not simply hold the same coins forever.&lt;/p&gt;
  &lt;h2 id=&quot;fCyg&quot;&gt;The deposit is three confirmations, not one click&lt;/h2&gt;
  &lt;ol id=&quot;3UwJ&quot;&gt;
    &lt;li id=&quot;u3ru&quot;&gt;&lt;strong&gt;Connect the wallet.&lt;/strong&gt; Select the correct network, then open the pool interface and choose the token pair.&lt;/li&gt;
    &lt;li id=&quot;R4oF&quot;&gt;&lt;strong&gt;Inspect the live pool.&lt;/strong&gt; Check the pool model, displayed fee, available liquidity, token ratio and any range or position rules. A displayed fee describes the pool’s trading mechanism; it does not forecast how much the position will earn.&lt;/li&gt;
    &lt;li id=&quot;5bqJ&quot;&gt;&lt;strong&gt;Approve and deposit.&lt;/strong&gt; The wallet may request token approvals before the deposit transaction. Approve only the assets and contracts intended for the position, then confirm the deposit and wait for the on-chain transaction to settle.&lt;/li&gt;
  &lt;/ol&gt;
  &lt;p id=&quot;eUq8&quot;&gt;After settlement, the wallet or the protocol interface should show the liquidity position. In pool-based DeFi, a liquidity position represents a share of the reserves rather than a fixed promise to receive the exact same quantities back.&lt;/p&gt;
  &lt;h2 id=&quot;ECuO&quot;&gt;Fees accrue because every swap touches the pool&lt;/h2&gt;
  &lt;p id=&quot;fe8f&quot;&gt;The fee mechanism is straightforward. A trader pays a fee when swapping. The pool applies its rules to that fee, and liquidity providers receive the portion allocated to the pool’s providers. A larger share of a pool generally means a larger share of the fees generated by that pool, while low trading activity produces little fee income.&lt;/p&gt;
  &lt;p id=&quot;PoRt&quot;&gt;&lt;a href=&quot;https://www.binance.com/en/academy/articles/what-are-liquidity-pools-in-defi&quot; target=&quot;_blank&quot;&gt;Binance Academy’s liquidity-pool explanation&lt;/a&gt; describes the broader model: users lock assets into a smart-contract pool, traders use those reserves, and providers receive a share of trading fees. The important distinction is between fee rate and fee revenue. A high displayed rate is not useful if the pool has little volume.&lt;/p&gt;
  &lt;p id=&quot;fwur&quot;&gt;DeFi markets are designed to remain open and largely non-custodial. Ethereum’s &lt;a href=&quot;https://ethereum.org/defi&quot; target=&quot;_blank&quot;&gt;DeFi overview&lt;/a&gt; explains that users can trade through smart contracts while retaining control of their assets until a transaction executes. The pool still controls deposited funds according to its code, so “non-custodial” does not mean “no technical risk.”&lt;/p&gt;
  &lt;h2 id=&quot;2piW&quot;&gt;Impermanent loss changes the recommendation&lt;/h2&gt;
  &lt;p id=&quot;r5X2&quot;&gt;Impermanent loss is the difference between the value of a liquidity position and the value the same tokens might have had if they had remained in the wallet. &lt;a href=&quot;https://chain.link/article/impermanent-loss-defi&quot; target=&quot;_blank&quot;&gt;Chainlink’s explanation of impermanent loss&lt;/a&gt; ties it to a change in the relative price of the deposited assets.&lt;/p&gt;
  &lt;p id=&quot;G7Xw&quot;&gt;For example, if ETH rises sharply against USDC, the pool’s automatic rebalancing tends to leave the provider with less ETH and more USDC than the provider originally deposited. The position can still gain value and collect fees, but it may underperform simply holding the two assets.&lt;/p&gt;
  &lt;p id=&quot;DChq&quot;&gt;That makes the pair more important than the headline yield. Closely correlated assets usually create a simpler starting point for understanding the position. A volatile pair can generate more trading activity, but it also creates a larger price-ratio variable to monitor.&lt;/p&gt;
  &lt;h2 id=&quot;WVLY&quot;&gt;The best starting point is the pair already understood&lt;/h2&gt;
  &lt;p id=&quot;3v10&quot;&gt;I compared the pool choices by asking one question: can the provider explain what happens if one token moves sharply against the other? If the answer is no, the sensible first position is the simplest available pair whose assets and pool rules are clear, followed by a small test deposit rather than the full wallet balance.&lt;/p&gt;
  &lt;p id=&quot;asSP&quot;&gt;Before confirming, compare the live fee, liquidity depth, token contract addresses and network. After depositing, track both fee income and the changing token ratio. A position that earns fees can still be unattractive if price divergence overwhelms those fees.&lt;/p&gt;
  &lt;p id=&quot;cA1h&quot;&gt;The &lt;a href=&quot;https://syncswap.app/&quot; target=&quot;_blank&quot;&gt;SyncSwap liquidity interface&lt;/a&gt; is the right place to inspect the available network, pool type and transaction prompts before making that decision. The overlooked capability is not merely swapping faster; it is supplying the inventory that makes those swaps possible and receiving the pool’s fee share in return.&lt;/p&gt;

</content></entry><entry><id>defi-news:SyncSwap</id><link rel="alternate" type="text/html" href="https://teletype.in/@defi-news/SyncSwap?utm_source=teletype&amp;utm_medium=feed_atom&amp;utm_campaign=defi-news"></link><title>SyncSwap: The Total-Cost Swap Checklist</title><published>2026-07-31T16:20:08.031Z</published><updated>2026-07-31T16:20:08.031Z</updated><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img4.teletype.in/files/ba/0d/ba0dca88-00cd-484d-ab0e-5a22fbd8f329.png"></media:thumbnail><summary type="html">&lt;img src=&quot;https://img3.teletype.in/files/ed/6e/ed6ed96a-42f8-45b5-935e-e7e90b007cf3.jpeg&quot;&gt;The live SyncSwap app is a non-custodial exchange interface for swapping tokens and providing liquidity through pools on Ethereum ZK-rollups. This article settles what SyncSwap does and how a swap should be judged by its total cost rather than the headline quote. That answer holds when the wallet is on a network listed in the live app, the selected asset is the intended token contract, and the confirmation screen still matches the trade shown.</summary><content type="html">
  &lt;figure id=&quot;0o1q&quot; class=&quot;m_column&quot;&gt;
    &lt;img src=&quot;https://img3.teletype.in/files/ed/6e/ed6ed96a-42f8-45b5-935e-e7e90b007cf3.jpeg&quot; width=&quot;1200&quot; /&gt;
  &lt;/figure&gt;
  &lt;p id=&quot;Djn4&quot;&gt;The live &lt;a href=&quot;https://syncswap.app/&quot; target=&quot;_blank&quot;&gt;SyncSwap&lt;/a&gt; app is a non-custodial exchange interface for swapping tokens and providing liquidity through pools on Ethereum ZK-rollups. This article settles what SyncSwap does and how a swap should be judged by its total cost rather than the headline quote. That answer holds when the wallet is on a network listed in the live app, the selected asset is the intended token contract, and the confirmation screen still matches the trade shown.&lt;/p&gt;
  &lt;h2 id=&quot;XDDP&quot;&gt;What SyncSwap Does&lt;/h2&gt;
  &lt;p id=&quot;3659&quot;&gt;SyncSwap lets a connected wallet exchange one on-chain token for another without handing custody to an exchange account. It uses liquidity pools: users trade against capital held in smart contracts, rather than against a visible book of buy and sell orders. In this model, the pool price moves as a trade changes its token balance, and liquidity providers receive swap fees; that is the basic automated-market-maker design explained in &lt;a href=&quot;https://developers.uniswap.org/docs/get-started/concepts/traders/swaps&quot; target=&quot;_blank&quot;&gt;Uniswap’s swap documentation&lt;/a&gt;.&lt;/p&gt;
  &lt;p id=&quot;lcoi&quot;&gt;The interface combines Classic, Stable, and Range pools with its Smart Router. Classic pools suit general token pairs; Stable pools are designed for closely priced assets such as USDC and USDT; Range pools concentrate liquidity around selected prices. The router can consider multiple pool models, multiple hops, and split paths in one trade, according to the current &lt;a href=&quot;https://docs.syncswap.xyz/syncswap/overview/smart-router&quot; target=&quot;_blank&quot;&gt;SyncSwap Smart Router documentation&lt;/a&gt;.&lt;/p&gt;
  &lt;p id=&quot;o8p6&quot;&gt;That distinction matters because “best price” is a route calculation, not a claim that the displayed output is the only cost. A sensible SyncSwap trade weighs the expected amount received, pool fee, price impact, network fee, and any approval transaction together.&lt;/p&gt;
  &lt;h2 id=&quot;zV0r&quot;&gt;Check Costs Before Connecting&lt;/h2&gt;
  &lt;p id=&quot;ggun&quot;&gt;The pre-flight check is complete only when the wallet, network, token, route, and all-in cost make sense together.&lt;/p&gt;
  &lt;ul id=&quot;YmJ8&quot;&gt;
    &lt;li id=&quot;iMJa&quot;&gt;Use the official interface, not a search ad, cloned page, or copied wallet prompt.&lt;/li&gt;
    &lt;li id=&quot;3bUu&quot;&gt;Switch the wallet to the intended chain before selecting tokens.&lt;/li&gt;
    &lt;li id=&quot;zSwd&quot;&gt;Keep enough of that chain’s native gas token for every transaction the wallet may request.&lt;/li&gt;
    &lt;li id=&quot;XTi3&quot;&gt;Verify the token symbol, contract address, balance, and decimals before entering an amount.&lt;/li&gt;
    &lt;li id=&quot;gfdu&quot;&gt;Read the route and minimum received, not merely the large quoted output.&lt;/li&gt;
  &lt;/ul&gt;
  &lt;p id=&quot;vWrh&quot;&gt;The current &lt;a href=&quot;https://syncswap.app/&quot; target=&quot;_blank&quot;&gt;https://syncswap.app/&lt;/a&gt; page shows the swap interface and lists zkSync Era, Linea, and Scroll as its supported networks. Funds on another chain do not become usable in the selected SyncSwap network simply because the token symbol is the same; moving assets between networks is a separate bridge action.&lt;/p&gt;
  &lt;h3 id=&quot;TLVG&quot;&gt;Count the whole trade&lt;/h3&gt;
  &lt;p id=&quot;YCuE&quot;&gt;The whole-trade cost is the input amount minus the realistic value of the final received amount, plus every required network transaction. The exact dollar figure changes with markets, but the components do not.&lt;/p&gt;
  &lt;p id=&quot;3QpY&quot;&gt;Cost component&lt;/p&gt;
  &lt;p id=&quot;7D2M&quot;&gt;What to inspect&lt;/p&gt;
  &lt;p id=&quot;tZW4&quot;&gt;Why it matters&lt;/p&gt;
  &lt;p id=&quot;cSBJ&quot;&gt;Pool fee&lt;/p&gt;
  &lt;p id=&quot;WKka&quot;&gt;The fee embedded in the selected route&lt;/p&gt;
  &lt;p id=&quot;IToo&quot;&gt;It reduces output even when the market price has not moved.&lt;/p&gt;
  &lt;p id=&quot;2N4I&quot;&gt;Price impact&lt;/p&gt;
  &lt;p id=&quot;SH3F&quot;&gt;How the trade changes the pool price&lt;/p&gt;
  &lt;p id=&quot;n3a5&quot;&gt;It usually grows with trade size relative to available liquidity.&lt;/p&gt;
  &lt;p id=&quot;ps3J&quot;&gt;Slippage setting&lt;/p&gt;
  &lt;p id=&quot;2Qdd&quot;&gt;The minimum output the transaction accepts&lt;/p&gt;
  &lt;p id=&quot;cH9Z&quot;&gt;A wider setting may complete more easily but permits a worse fill.&lt;/p&gt;
  &lt;p id=&quot;FPX2&quot;&gt;Gas&lt;/p&gt;
  &lt;p id=&quot;zW37&quot;&gt;Native-token balance and wallet estimate&lt;/p&gt;
  &lt;p id=&quot;NwK1&quot;&gt;Approval, swap, and retries can each require a network fee.&lt;/p&gt;
  &lt;p id=&quot;N770&quot;&gt;&lt;a href=&quot;https://ethereum.org/developers/docs/gas&quot; target=&quot;_blank&quot;&gt;Gas&lt;/a&gt; is the unit that measures computational work on an Ethereum-style network, and the fee is paid for that work even if a submitted transaction fails. Slippage means the price can change while a transaction is pending; a tolerance sets the boundary beyond which the swap should revert rather than fill at a worse rate.&lt;/p&gt;
  &lt;p id=&quot;O0o0&quot;&gt;For an ERC-20 input token, the wallet may first request an approval. An &lt;a href=&quot;https://eips.ethereum.org/EIPS/eip-20&quot; target=&quot;_blank&quot;&gt;ERC-20 approval&lt;/a&gt; is an allowance that authorizes a specified spender to transfer up to a chosen token amount on the wallet’s behalf. It is not the swap itself. Native-token swaps generally do not need that token allowance, while an existing sufficient allowance may remove the extra transaction.&lt;/p&gt;
  &lt;h2 id=&quot;ZR9v&quot;&gt;Use SyncSwap Step by Step&lt;/h2&gt;
  &lt;p id=&quot;fZzn&quot;&gt;A SyncSwap swap is executed by selecting the correct network and assets, checking the route’s execution limits, then signing only the transactions the wallet displays.&lt;/p&gt;
  &lt;ol id=&quot;lTsq&quot;&gt;
    &lt;li id=&quot;WrzB&quot;&gt;&lt;strong&gt;Connect deliberately.&lt;/strong&gt; Open the interface, connect the wallet, and confirm both the site and the selected network in the wallet window. Do not approve a request whose domain or chain differs from the intended one.&lt;/li&gt;
    &lt;li id=&quot;Es14&quot;&gt;&lt;strong&gt;Build the trade.&lt;/strong&gt; Choose the token being spent and the token being received, then enter a modest amount. Review balance availability, route, price impact, swap fee, and minimum received. If the impact is unexpectedly high, reduce the amount or stop and inspect the pair’s liquidity.&lt;/li&gt;
    &lt;li id=&quot;Tkvp&quot;&gt;&lt;strong&gt;Approve only if needed.&lt;/strong&gt; If an ERC-20 approval appears, read the spender and amount before signing. A limited allowance better matches a single planned trade than an amount unrelated to it. Wait for the approval to finish before treating the swap as ready.&lt;/li&gt;
    &lt;li id=&quot;9Yig&quot;&gt;&lt;strong&gt;Submit the swap.&lt;/strong&gt; Recheck the final quote immediately before confirmation. Set a slippage tolerance that reflects how liquid and volatile the pair is, then sign the swap transaction. A failed swap is not proof that assets disappeared; it can mean the minimum received condition was no longer met.&lt;/li&gt;
  &lt;/ol&gt;
  &lt;p id=&quot;RNbW&quot;&gt;The router may use an intermediate token or divide the input across paths. That is normal when it improves the quoted route. It is also why comparing only a direct-pair pool fee can be misleading: the final decision should be based on the total expected output after the entire route and the wallet’s transaction fees.&lt;/p&gt;
  &lt;h2 id=&quot;ilUr&quot;&gt;Verify the Result On-Chain&lt;/h2&gt;
  &lt;p id=&quot;wsCP&quot;&gt;A completed SyncSwap trade is verified when the wallet balance and the network transaction record show the intended token movement.&lt;/p&gt;
  &lt;p id=&quot;h2cr&quot;&gt;First, wait for the wallet to show confirmation rather than relying on an interface toast. Then inspect the received-token balance, allowing for token decimals and any wallet display delay. I verify it actually happened by opening the transaction in the chain’s block explorer and checking the status, the input token transfer, the output token transfer, and the gas paid.&lt;/p&gt;
  &lt;p id=&quot;6xBJ&quot;&gt;If the output is lower than the initial quote but above the minimum received, compare the execution result with the displayed route, price impact, and slippage setting before assuming an error. If the transaction reverted, the wallet should retain the input tokens, though the network fee for the attempted computation can still be spent.&lt;/p&gt;
  &lt;h2 id=&quot;dQ2a&quot;&gt;Know What It Does Not Do&lt;/h2&gt;
  &lt;p id=&quot;GvGg&quot;&gt;SyncSwap executes token swaps and liquidity interactions; it does not automatically identify a legitimate token, undo an approval, or make an asset transferable across networks.&lt;/p&gt;
  &lt;p id=&quot;Pm1u&quot;&gt;A wallet connection is not custody transfer, but it is still permission to request signatures. Treat token selection, approval amount, network choice, and final confirmation as separate checks. That small discipline is usually cheaper than discovering after execution that a good-looking quote ignored the costs that actually determine the trade.&lt;/p&gt;

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