Sonic
S
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Sonic price
in USD$0.3036
-$0.0054 (-1.75%)
USD
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Market cap
$975.81M
Circulating supply
3.22B / 3.22B
All-time high
$0.991
24h volume
$91.59M
About Sonic
Sonic’s price performance
Past year
--
--
3 months
-19.62%
$0.38
30 days
+9.05%
$0.28
7 days
-6.24%
$0.32
Sonic in the news
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.
Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.
Sonic on socials
Silo Finance is a lending market that is also useful on the @SonicLabs chain.
I am lending to Greenhouse USDC and receiving interest, and there are various types of managed vaults, so you can use them according to your risk, preferences, and trust.
If you take a closer look at the details of Silo's vaults, you can see how the related interest is paid.
There is a base interest, and it is divided into interest given by Silo and rewards given in USDC.
Additionally, Sonic points are awarded at 8 times, and Silo points are given at 3 points per dollar.
The USDC-Silo created this way can be directly provided to Silo, and it is also possible to pay back Pendle and receive additional interest from there. There are also ways to mine mileage using PT-based fixed interest or YT, or to earn profits from both sides while trading fees are collected by running LP.
For reference, currently, depositing in Silo yields about 1% higher interest rates than providing liquidity in Pendle.
How to Yap on @SonicLabs
We don't want your tokens. We yap for you. Earn a bag.
t0xic 🧪
should team members be able to join their own k4ito campaigns?
last week hum@nity founder awarded himself $60k out of the $100k prize pool
many projects said in advance that team members would be excluded, but plenty others simply never addressed this topic
let's take @SonicLabs, in about 2 weeks they'll distribute ~800k in $S
atm 5 out of the top 8 are Sonic team members
which is normal since they're the biggest sonic supporters, they know the ecosystem by heart and everything happening on it
but they already get paid to do all that
which is why Sonic already said Labs members will be excluded, but many projects didn't
what do you think, should founders and team members be eligible for their own rew4rds?
Trio farming method: @SonicLabs x @SiloFinance x @pendle_fi
Silo offers different strategies that are managed by various managers such as Greenhouse, Apostro, Varlamore
by depositing into them, you can earn → supply APR + Sonic points + Silo points
another step from there is to head to @pendle_fi to boost your yields and/or points farming game - be it YT/PT/LP route
small note:
• USDC-Silo Greenhouse vault: 12x Sonic points, 3x Silo/$
• USDC-Silo Apostro vault: 6x Sonic points, 3x Silo/$
• USDC-Silo Varlamore vault: 6x Sonic points, 3x Silo/$
for example,
➟ YT USDC-Silo Greenhouse allows up to 32x leverage
➟ YT USDC-Silo Apostro allows up to 29x leverage
➟ YT USDC-Silo Varlamore allows up to 33x leverage
if you want exposure to yield certainty + some points exposure, the LPs are giving ~14% APY
*YT trends to zero, you're mostly bullish on the points
*LP yields + points farming can change dramatically due to composition
nfaaa
Guides
Find out how to buy Sonic
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Sonic’s prices
How much will Sonic be worth over the next few years? Check out the community's thoughts and make your predictions.
View Sonic’s price history
Track your Sonic’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Sonic on OKX Learn
Tokenomics of Sonic: Unlocking High-Performance Blockchain and Cross-Chain DeFi
Introduction to Sonic and Its Tokenomics Sonic is a next-generation Layer-1 blockchain designed to deliver unparalleled performance and scalability. With Ethereum Virtual Machine (EVM) compatibility,
Sonic Labs Network: Unlocking Speed, Scalability, and Interoperability in Blockchain
Introduction to Sonic Labs Network Sonic Labs Network is a groundbreaking Layer-1 blockchain that redefines speed, scalability, and interoperability. Evolving from its predecessor, Fantom Opera, Sonic
Sonic Testnet and Mainnet: Unlocking High-Speed Blockchain Innovation
Introduction to Sonic Labs: A New Era in Blockchain Technology Sonic Labs is a next-generation Layer-1 blockchain project that has evolved from the Fantom network. Designed to deliver ultra-fast trans
Sonic’s Evolution: How Rebranding and Advanced Technology Are Shaping the Future of Blockchain
Sonic Price Prediction: A Comprehensive Analysis of Its Future Potential Introduction Sonic (S), formerly known as Fantom (FTM), has undergone a transformative rebranding that positions it as a frontr
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Sonic FAQ
Currently, one Sonic is worth $0.3036. For answers and insight into Sonic's price action, you're in the right place. Explore the latest Sonic charts and trade responsibly with OKX.
Cryptocurrencies, such as Sonic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Sonic have been created as well.
Check out our Sonic price prediction page to forecast future prices and determine your price targets.
Dive deeper into Sonic
Sonic is an EVM L1 chain with powerful incentives and infrastructure for DeFi.
Disclaimer
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$975.81M
Circulating supply
3.22B / 3.22B
All-time high
$0.991
24h volume
$91.59M