Convert and Swap Sypool SYP to Indian Rupee INR
SYP/INR: 1 Sypool equals ₹0.0240 INR
Sypool (SYP) is not tradable on Coinbase.
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Last update: 3:07 PM, December 23, 2024
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Sypool market latest
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Sypool is falling this week.
The current price of Sypool is ₹0.0240 per SYP. With a circulating supply of 65,364,660 SYP, it means that Sypool has a total market cap of ₹1,569,336.08. The amount of Sypool traded has risen by ₹442,247.86 in the last 24 hours, which is a 12.00% increase. Additionally, in the last day, ₹3,684,839.72 worth of SYP has been traded.
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About Sypool
Sypool (SYP) is a decentralized asset management protocol built on the Solana blockchain. It provides a platform where investors can exchange their tokens for fund shares, similar to traditional funds. However, Sypool takes it a step further by allowing fund shares to function as tokens, enabling them to perform all the functions other tokens can. Sypool aims to offer innovative products, including Index-tracking Synthetic Asset Pool (SAP), Trader-based SAP, Structured Yield Fund, and Assets-based quantitative trading SAP. The protocol also features a unique farming mechanism and stringent auditing processes to protect investors.
Sypool operates by allowing investors to exchange their tokens (such as BTC, ETH, SOL) for fund shares. These fund shares are also tokens, meaning they can perform all the functions other tokens can. The protocol is based on Synthetic Asset Pool (SAP) pools, which are launched by pool managers and filled by users. The protocol involves four parties: the user, the manager, the exchange, and the oracle. The managers are authorized by the pool's share token (SAP) holders to manage the tokens in the pool according to preset strategies. The oracle is responsible for feeding price to the smart contract, providing the total market value of the token pool and the value of each currency.
Sypool aims to provide a comprehensive decentralized asset management platform that offers users AI trading strategies, signal alerts, learning resources, and an intuitive dashboard. This empowers users to optimize their digital asset management and make informed decisions in the dynamic crypto market. Sypool's vision extends beyond being an asset management protocol. It seeks to build a comprehensive DeFi protocol with eco projects developed around Sypool, making SYP not just the token of Sypool, but the token of its ecosystem.
Sypool was developed by a team of professionals with experience in hedge funds and quantitative trading. The technical members of the team have designed several projects providing social network and startup tools aggregator, and have worked on a neuromorphic chip program with the Chinese Academy of Science. The protocol was designed to provide innovative products and a unique farming mechanism. It also places a strong emphasis on investor protection, with each pool being strictly audited to prevent misconduct by managers.
How Sypool and Indian Rupee differ
Sypool (SYP) and the Indian Rupee (INR) are two distinct forms of assets, each with their unique characteristics and uses. Sypool is a decentralized asset management protocol built on the Solana blockchain, aiming to provide a platform where investors can exchange their tokens for fund shares. These fund shares function as tokens, enabling them to perform all the functions other tokens can. Sypool's innovative products include Index-tracking Synthetic Asset Pool (SAP), Trader-based SAP, Structured Yield Fund, and Assets-based quantitative trading SAP. On the other hand, the Indian Rupee is a traditional fiat currency, regulated by the Reserve Bank of India, and used for everyday transactions in India. Unlike Sypool, the Indian Rupee does not operate on a blockchain, nor does it offer the same level of decentralization or the innovative products that Sypool does. While Sypool aims to provide a comprehensive decentralized asset management platform with AI trading strategies, signal alerts, learning resources, and an intuitive dashboard, the Indian Rupee serves as a standard medium of exchange for goods and services in India.
Frequently asked questions
How much is 1 Sypool in INR?
Right now, 1 Sypool is worth about ₹0.024.
How much SYP could I buy for 1 INR?
Based on the current rate, you could get 41.66 SYP for 1 INR.
How much has the price of Sypool changed?
Sypool price has been declining. Since yesterday, the exchange rate of Sypool has decreased. Since last month, the exchange rate of Sypool has decreased. Since this time last year, the price of Sypool has decreased.
How do I calculate or convert SYP to INR?
You can use our SYP to INR calculator at the top of this page to convert any amount of SYP to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 208.31 SYP. Inversely, 5 SYP will cost about ₹0.12
How can I buy 1 Sypool on Coinbase?
Sypool can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sypool.
What are assets similar to Sypool that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Sypool, including ADreward, Aluna.Social, and hiOD. For a more robust list of assets to explore, jump to the asset page dedicated to Sypool.
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SYP to Indian Rupee conversion tables
The exchange rate of Sypool is decreasing.
The current value of 1 SYP is ₹0.02 INR. In other words, to buy 5 Sypool, it would cost you ₹0.12 INR. Inversely, ₹1.00 INR would allow you to trade for 41.66 SYP while ₹50.00 INR would convert to 2,083.14 SYP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the the highest exchange rate of 1 SYP to Indian Rupee was ₹0.0241 INR and the lowest 24 hour value was 1 SYP for ₹0.0238 INR. This time last month, the value of 1 SYP was ₹0.05 INR, which is a 51.98% increase from where it is now. Looking back a year, Sypool has changed by ₹0.19 INR. That means that in a single year, the value of Sypool has shrank by 87.78%.
SYP to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹0.0240 INR | -0.03% | ₹0.0255 INR | -6.52% | ₹0.0496 INR | -51.98% | ₹0.19 INR | -87.78% |
SYP to INR
Amount | Today at 3:07 pm |
|---|---|
0.5 SYP | ₹0.0120 |
1 SYP | ₹0.0240 |
5 SYP | ₹0.1200 |
10 SYP | ₹0.2400 |
50 SYP | ₹1.2001 |
100 SYP | ₹2.4002 |
500 SYP | ₹12.0011 |
1,000 SYP | ₹24.0022 |
INR to SYP
Amount | Today at 3:07 pm |
|---|---|
0.5 INR | 20.83 SYP |
1 INR | 41.66 SYP |
5 INR | 208.31 SYP |
10 INR | 416.63 SYP |
50 INR | 2,083.14 SYP |
100 INR | 4,166.28 SYP |
500 INR | 20,831.40 SYP |
1,000 INR | 41,662.80 SYP |
Today vs. 24 hours ago
Amount | Today at 3:07 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SYP | ₹0.0120 | ₹0.0120 | -0.25% |
1 SYP | ₹0.0240 | ₹0.0241 | -0.25% |
5 SYP | ₹0.12 | ₹0.12 | -0.25% |
10 SYP | ₹0.24 | ₹0.24 | -0.25% |
50 SYP | ₹1.20 | ₹1.20 | -0.25% |
100 SYP | ₹2.40 | ₹2.41 | -0.25% |
500 SYP | ₹12.00 | ₹12.03 | -0.25% |
1,000 SYP | ₹24.00 | ₹24.06 | -0.25% |
Today vs. 1 month ago
Amount | Today at 3:07 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SYP | ₹0.0120 | ₹0.0250 | -52.08% |
1 SYP | ₹0.0240 | ₹0.0501 | -52.08% |
5 SYP | ₹0.12 | ₹0.25 | -52.08% |
10 SYP | ₹0.24 | ₹0.50 | -52.08% |
50 SYP | ₹1.20 | ₹2.50 | -52.08% |
100 SYP | ₹2.40 | ₹5.01 | -52.08% |
500 SYP | ₹12.00 | ₹25.04 | -52.08% |
1,000 SYP | ₹24.00 | ₹50.09 | -52.08% |
Today vs. 1 year ago
Amount | Today at 3:07 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SYP | ₹0.0120 | ₹0.0987 | -87.84% |
1 SYP | ₹0.0240 | ₹0.20 | -87.84% |
5 SYP | ₹0.12 | ₹0.99 | -87.84% |
10 SYP | ₹0.24 | ₹1.97 | -87.84% |
50 SYP | ₹1.20 | ₹9.87 | -87.84% |
100 SYP | ₹2.40 | ₹19.74 | -87.84% |
500 SYP | ₹12.00 | ₹98.71 | -87.84% |
1,000 SYP | ₹24.00 | ₹197.41 | -87.84% |
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