#468

Cortex

AI · DeFAI+1

CX#468

Mcap$43.82M

$0.02889.43%

Overview Monitoring Markets News More

Spot Volume (24H)

$196.55K+3.57%

Marketcap

$43.82M

FDV

$47.35M

Mindshare

Very Low

Circ. Supply

1.5B

Max Supply

1.6B

Mcap/FDV

92.54%

Total Supply

1.6B

Sector Ranking

#27

Cortex Protocol is a decentralized platform that enables on-chain AI agents to perform gas-less, multi-hop transactions across various blockchains. Users can stake SYN tokens to mint CX tokens, facilitating AI-powered actions within the network.

Sector

Sector Rank

#27

Sub-Sector

DeFAI

Sub-Sector Rank

#5, #6

Contracts

API ID

Resources

Block Explorer

Content

Social

1Y Price Performance +224.20%

All Time High

$0.207-86.09%

Feb 11, 2025

Cycle Low

$0.00125+2,202.35%

Jul 28, 2025

First Trade

Feb 11, 2025 on

Raydium (CLMM)

CX Chart

All Charts

$0.0288

3.63% Past Month

Price

$0.02883.63%

Mindshare

0.0022%132.99%

More Charts

Spot Volume (24H)

$196.55K+3.57%

Marketcap

$43.82M

Mindshare

Very Low

All News

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Last Updated: Oct-29-2026 11:42 UTC

Cortex Protocol Update

Get Caught Up

Synapse Labs Pivots Away from Cortex to Onchain Options On November 24, 2025, Synapse Labs disclosed that it is shifting its focus away from bridging (Synapse) and onchain AI (Cortex) to build Hypercall, a permissionless onchain options venue for assets on Hyperliquid 1 2. The team concluded that a structurally profitable bridging business is unlikely to exist and attributed Cortex's lack of adoption to "bad timing," though it acknowledged that AI trading is not a dead market 2. Importantly, the team is not launching a new token — Hypercall will be governed by the existing $SYN token, with $CX remaining indefinitely convertible into $SYN, and the previously planned $SYN-to-$CX swap will stay indefinitely interchangeable after key infrastructure support was not secured by the February 2026 deadline 1 2. This matters because it signals a strategic retreat from Cortex's core AI-trading thesis, though the team plans to submit governance proposals for milestone-based compensation and recommends the DAO commit revenue to token buybacks and liquidity provider rebates 2.

Cortex Labs Token Allocation Update In September 2025, Cortex Protocol announced adjustments to its tokenomics related to Cortex Labs' allocation and management of CX tokens 3. The project extended the lock period for allocations designated to "Core Contributors" and "Ecosystem & Growth" from six months to one year, and committed to providing quarterly reports concerning the Ecosystem and Growth Fund 3. These changes were framed as being made "with the community top of mind to increase accountability and transparency" 3.

Cortex Intelligent Accounts Launch In April 2025, Cortex Protocol launched Cortex Intelligent Accounts, a feature allowing users to track, manage, and trade portfolios using AI insights 4. This represented a new product deployment aimed at expanding the platform's AI-powered functionality for end users 4.

Biggest Stories of 2025

Synapse Labs shifted focus from bridging and onchain AI to Hypercall, an onchain options venue for Hyperliquid assets, with $SYN governing the new protocol and $CX remaining indefinitely convertible into $SYN; the team cited Cortex's "bad timing" for its lack of adoption. (November 24, 2025) 1 2
Cortex Labs announced token allocation adjustments, extending the lock period for "Core Contributors" and "Ecosystem & Growth" allocations from six months to one year and committing to quarterly Ecosystem and Growth Fund reports. (September 10, 2025) 3
Cortex Intelligent Accounts went live, enabling users to track, manage, and trade portfolios using AI insights. (April 23, 2025) 4
Cortex integrated 0x v2 with smart routing, enhancing the protocol's swap capabilities. (April 1, 2025) 5
Synapse governance was transferred to the Cortex DAO, with all Synapse features and governance moving under Cortex following approval via SIP 43. (April 3, 2025) 6
Synapse Intent Network added support for Hyperliquid, expanding the network's cross-chain capabilities. (March 31, 2025) 7
Cortex announced a ParaSwap integration within the Cortex UI, improving swap functionality for users. (March 28, 2025) 8

Note: No developments were identified within the past 7 days or the past 30 days, so the "Currently Interesting" and "Get Caught Up" sections reflect the most recent available items.