Synappay video demo

Synappay

SynapPay enables seamless, secure cross-chain swaps between Ethereum and Stellar using 1inch Fusion+

Synappay

Created At

Unite Defi

Project Description

SynapPay is a decentralized cross-chain swapping protocol that enables seamless, secure, and efficient token exchanges between Ethereum and Stellar networks. Built for the 1inch hackathon, our solution leverages 1inch's Fusion+ protocol to provide users with the best possible rates while maintaining the security guarantees of atomic swaps.

Key Features:

  • Bidirectional Cross-Chain Swaps: Swap tokens in both directions (Ethereum ↔ Stellar) with a single transaction
  • Atomic Swap Security: Implements Hash Time-Locked Contracts (HTLC) on both chains to ensure atomicity
  • 1inch Fusion+ Integration: Utilizes 1inch's Fusion+ for optimal pricing and deep liquidity on Ethereum
  • Automated Relayer: Handles cross-chain coordination automatically for a seamless user experience
  • Partial Fill Support: Enables orders to be filled by multiple counterparties for better liquidity
  • Real-time Pricing: Integrates with 1inch API and CoinGecko for accurate, up-to-date exchange rates

Technical Implementation:

  • Smart Contracts: Custom HTLC contracts for testnet, with mainnet integration to 1inch's Escrow Factory
  • Backend: Node.js service managing cross-chain coordination and transaction monitoring
  • Frontend: Intuitive React interface supporting both Ethereum (MetaMask) and Stellar (Freighter) wallets
  • Security: Comprehensive audit trail, error handling, and monitoring

Use Cases:

  • Cross-chain DeFi: Access Stellar's low fees while maintaining exposure to Ethereum's DeFi ecosystem
  • Arbitrage: Capitalize on price differences between chains
  • Portfolio Diversification: Easily move assets between chains to optimize for fees and speed
  • Merchant Payments: Accept payments on either chain while settling in your preferred currency

The platform is built with a focus on security, user experience, and composability, making it an ideal solution for traders, DeFi users, and anyone looking to move value between Ethereum and Stellar efficiently.

How it's Made

  • Synappay is a cross-chain bridge extending 1inch Fusion+ to Stellar.
  • It enables atomic and partial fills for cross-chain swaps.
  • The system utilizes 1inch under the hood with an HTLC solver on Stellar testnet.
  • It supports bidirectional swaps between Ethereum and Stellar.
  • The project includes a web UI with MetaMask and Freighter wallet integrations.
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