Coinlaunch Trust Score
Coinlaunch Trust Score
74 (Medium)
Sonic Labs (ex. Fantom Chain) Price:
$0.0411 7.88%
🏦 Market Cap $159.73M
πŸ’° FDV $159.73M
πŸ“Š Volume $46.8M
πŸ“ˆ ATH Price $1.03
Top Investor
Hashed Fund Logo
Hashed Venture
Stani Kulechov logo UOB Venture Logo +2
Unlock Progress
Progress
10.87% 704 Days left
Docs
Whitepaper
sonic labs logo

Sonic Labs (ex. Fantom Chain) (S)

Past
Total Raise: $10M
Date: 23 May, 24 - 24 May, 24

Sonic is an EVM-compatible L1 blockchain delivering users over 10,000 TPS and sub-second transaction finality. It is a rebranded name of the quite famous and old Fantom chain, founded in 2018. 

It is powered by the native $S token, replacing the old $FTM coin with a 1:1 ratio conversion rate, inheriting all the tokenomics structure from the Fantom crypto token.  

Since its launch in 2024, Sonic Labs has managed to raise $10M from Hashed, Softbank, Signum Capital, and some other angel investors. 

❗️ ❗️ ❗ IMPORTANT:

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Sonic Labs (ex. Fantom Chain) Airdrop & Retrodrop & Bounty

Airdrop
Past
01 Aug, 24 - 01 Jun, 25
Rewards
N/A
Reward Distribution
01 Jun, 25
Difficulty
Medium
Winners
N/A

Sonic is a rebranded blockchain launched in 2018 EVM-compatible L1 - Fantom network aiming to reach over 10,000 TPS. It aims to establish a robust environment for web3 developers to build on its network, offering fast and cheap transactions while incentivizing them with multiple funding and fee monetization programs. 

It is powered by the native $S token which will have the same utility and token economy of the old $FTM coin as $FTM holders will be able to convert their holdings into $S with a 1:1 ratio.

In honor of Sonic's rebranding, it launched a testnet and quest campaign, aiming to airdrop 6% of the total $S supply, worth around $141M to users.

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