Sonic (S)
$0.02217 USD · 0.02217 USD
- Market cap rank
- 281
- Market cap
- 87,764,456
- Circulating supply
- 3,885,497,663
- Max supply
- —
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.
Mid-market rate
1 S = 0.02217 USD
Sell S
Buy S instead
| Exchange | Price | Payment | |
|---|---|---|---|
| CEX.IO Best rate CEX · 56s | 0.02217 USD | Exchange balance | Sell Sell here |
| Kraken CEX · 49s | 0.0221 USD | Exchange balance | Sell Sell here |
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