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Syscoin Overview
24h High
$0.01
24h Low
$0.01
24h Change
-2.83%
7d Change
-2.08%
30d Change
-13.79%
Volume 24h
$433.21K
Market Cap
$10.12M
Circulating Supply
833.73M SYS
Syscoin News
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About Syscoin
Syscoin (SYS) is a blockchain protocol founded in 2014 by Sebastian Schepis, designed to merge the security of Bitcoin with the functionality of Ethereum into a single, scalable platform. It supports the creation of decentralized applications and custom tokens, leveraging a dual-chain architecture that includes the Ethereum-compatible NEVM and a Bitcoin-based Syscoin UTXO blockchain. Syscoin aims to offer fast, secure, and low-cost transactions, with features like optimistic and ZK rollups for enhanced scalability. Led by the non-profit Syscoin Foundation, with development spearheaded by SYS Labs, the ecosystem fosters innovation in decentralized finance (DeFi) and NFT marketplaces. Syscoin's unique blend of Bitcoin's and Ethereum's strengths positions it as a versatile and efficient blockchain for a wide range of applications.
Syscoin was founded by Sebastian Schepis in 2014, a notable figure in the tech world with a background in creating enterprise management systems and consulting for major corporations. Today, the project is led by the Syscoin Foundation, a non-profit organization, with key figures including Jagdeep Sidhu as Foundation President and Lead Developer, and Michiel Näring as Vice President. SYS Labs, a dedicated enterprise, spearheads the development of flagship applications and systems on the Syscoin blockchain, such as Rollux, SuperDapp, Pegasys DAO, and Luxy.
Syscoin is utilized for a variety of purposes within its ecosystem, serving as the native utility coin across its platforms. It supports a range of applications from decentralized finance (DeFi) platforms to NFT marketplaces, offering users a scalable, efficient, and cost-effective experience. Syscoin's architecture enables secure and fast transactions, development of dApps, and creation of custom tokens, leveraging features like optimistic and ZK rollups for scalability and efficiency. The SYS coin is integral for transaction fees, participating in decentralized exchanges, and engaging with the Syscoin ecosystem's broader applications and services. With its innovative combination of Bitcoin's security and Ethereum's functionality, Syscoin presents a compelling platform for users and developers aiming to leverage blockchain technology's full potential.
Syscoin Markets
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Syscoin Platforms
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Syscoin Market Data
The live Syscoin price today is $0.01 USD with a 24-hour trading volume of $433,205.83 USD. We update our SYS to USD price in real-time. Syscoin is down 2.83% in the last 24 hours.
The current market cap is $10,118,721.97 USD, ranking #681 by market capitalization. The circulating supply is 833,732,458 SYS.