Sonic (S)

About Sonic

Sonic is a high-performance EVM-compatible Layer 1 blockchain designed for decentralized finance (DeFi) applications. It claims to achieve 400,000 transactions per second (TPS) with sub-second finality. The network introduces a Fee Monetization (FeeM) program that rewards developers with up to 90% of the fees generated by their applications, adapting a Web2 ad-revenue model to a decentralized framework. Additionally, the Sonic Gateway provides a native, secure bridge to Ethereum, featuring a fail-safe mechanism to protect assets.

Token standard

native

• Sonic claims to achieve 400,000 TPS and sub-second finality.
• The Fee Monetization program rewards developers with up to 90% of the fees their apps generate.
• Sonic Gateway is a native bridge to Ethereum with a fail-safe mechanism.
• Sonic is categorized as a Smart Contract Platform and Layer 1 (L1).
• It is part of the Galaxy Digital Portfolio and Sonic Ecosystem.

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