So I have been encountering this issue when my laptop's performance dropped whenever Synapse was running in the background due to high CPU usage and overheat. It was so bad that LoL framerate dropped to around 10fps. I couldn't just turn off Synapse either because Razer devices can't save RGB settings on the onboard memory and without Synapse constantly running, my mouse wouldn't work as intended. So after contacting Razer support team and having a conversation with them for a while, we managed to resolve the issue.
Here are some steps you could try:
Update Synapse to the latest version (for now it's 3.8.831.90619)
Run DISM and SFC
Open Command Prompt
Type: DISM.exe /Online /Cleanup-image /Restorehealth
Wait for it to finish
Type: sfc /scannow
Wait for it to finish
Run CHKDSK
Open Command Prompt
Type: chkdsk /f /r
Delete TEMP folders
Open Run by right-clicking Start and choosing it from the menu
Type %temp% in the Run window and click OK
When in File Explorer in the TEMP folder, select all files by pressing Ctrl + A keys
Click Delete
Razer Driver Cleanup Tool
Uninstall Synapse 3
If possible, unplug all Razer devices
Reboot the system
Download the Razer Driver Clean Up Tool: https://rzr.to/7c7Za
Unzip and run the CleanupRazerDrivers.exe as Administrator
The window will close on its own. When it does, reboot the system again
Install Synapse 3
Plug in Razer devices
Update Synapse 3 as needed and reboot system as update requirement
I'm not sure which particular step resolved the issue, but after performing all these steps, Synapse stopped causing heat and lag.
I wanted to share this so you guys won't have to chat with the support team on email for weeks just to get the same instructons. I hope this will help many people.