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Syndicate Labs announces imminent shutdown of operations

Syndicate Labs announces imminent shutdown of operations

金色财经金色财经2026/05/21 02:57
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Jinse Finance reported that Syndicate posted on X stating that Syndicate Labs will soon cease operations. After five years of building on-chain developer infrastructure, the Rollup market has undergone fundamental changes, forcing us to make this decision. Syndicate has always been committed to providing developers with customization and control, enabling them to deploy any application on-chain at scale. Unfortunately, the Rollup market has contracted significantly. Whenever a new Rollup launches, more Rollups quietly shut down. The market has gradually deviated from our technical roadmap, and we cannot simply wait for the market environment to improve. EVM Rollups are no longer the industry standard. Instead, consulting teams are now building customized chains from scratch, with virtually no reusable technology or network value.
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