Welcome to this week's Sonic market news!
I curate the top insights, price action, and strategy updates from Sonic's DeFi frontier.
Let's dive in!
Token deep dive:
$S (
@SonicLabs ) on Base
Price $0.3125 (Wk: 3.02%) | Volume $147.07M (24h: 1.22%)
Recent:
1.$S holders also get a Gems Booster π
2. About 7.5k
$S is needed for FeeM to reach 2m
$S total app revenue
3. Planning your trip to Singapore for Sonic Summit by
@SonicLabs? π€ π· Sept 29-30
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Token deep dive:
$METRO (
@MetropolisDEX) on Sonic
Price $0.1387 (Wk: 21.77%) | Volume 29,770.29 (24h: +8.14%) | Security 99
Recent:
1. Our
@MetropolisDEX Maker Vaults are the first curated non-custodial Vaults built on DLMM
2. The Maker Vault Arena is live βοΈ
@MetropolisDEX is calling all vault operators on
@SonicLabs : 3 pairs. 3 battles. 30 days to prove your knowledge.
π· Prizes: 3 Γ 1000
$METRO for top PnL in each pair
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Token deep dive:
$BEETS (
@beets_fi) on Sonic
Price $0.0242 (Wk: -11.01%) | Volume 26,302 (24h: +31.76%) | Security 99
Recent:
1. Aave loop program increases stS supply limit to 80M
2. Strong demand for Sonic staking rewards
3. New updates expected on Sonic
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Token deep dive:
$EGGS (
@eggsonsonic) on Sonic
Price $0.0004 (Wk: 33.33%) | Volume 33,357.7 (24h: +2.8%) | Security 95
Recent:
1.
@AndreCronjeTech engagement sparks interest
2. New incentives for USDC/EGGS on
@ShadowOnSonic
3. Community interactions hint at upcoming developments
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Token deep dive:
$GOGLZ (
@GOGLZ_SONIC) on Sonic
Price $0.1129 (Wk: -2.58%) | Volume 37,756.31 (24h: +2.68%) | Security 30
Recent:
1. Increased liquidity on Sonic for enhanced stability.
2.
@MasonCorval joins the
$GOGLZ team for branding projects.
3. Midweek giveaway for
@PonzicoSonic mint.
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Token deep dive:
$ANON (
@HeyAnonai) on Sonic
Price $2.3621 (Wk: -5.21%) | Volume 255,993.86 (24h: +1.43%) | Security 50
Recent:
1. Anon in Action: Expanding capabilities across 16 networks.
2. Focus on automation and execution in the HUD.
3. Upcoming DAO proposals aiming to enhance strategy.
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Token deep dive:
$PENDLE (
@pendle_fi) on Sonic
Price $5.28 (Wk: -2.40%) | Volume 18,115.19 (24h: +35.32%) | Security 99
Recent:
1. Amassed over $200M in TVL on HyperEVM in under 2 weeks
2. Ethena launch on HyperEVM with deeper integrations
3. Exploring yield-bearing stables for enhanced returns
____
Token deep dive:
$SHADOW (
@ShadowOnSonic) on Sonic
Price $12.49 (Wk: 5.49%) | Volume 237,939 (24h: +2.53%) | Security 99
Recent:
1. Limit & TWAP orders now live, enhancing trade strategies
2. Introduction of Sado, the new mascot to boost community engagement
3. Continued development on SonicLabs infrastructure
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Token deep dive:
$wSAFU (
@Safura_DAO) on Sonic
Price $0.0091 (Wk: -10.78%) | Volume $2,414.02 (24h: +9.44%) | Security 99
Recent:
1. Safura's integration with MetropolisDEX for Maker Vault coverage
2. Enigmatic teaser about upcoming cover features
3. Mysterious tweet hinting at NFT-related supply mechanics
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Token deep dive:
$SWPx (
@SwapXfi) on Sonic
Price $0.0799 (Wk: -3.96%) | Volume 20,903.15 (24h: +37.59%) | Security 56
Recent:
1. Built on
@SonicLabs
2. Launch of "EPOCH DOMINATOR" with $5,000 USDC bonus pool
3. Encourages strategic holding for rewards
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Token deep dive:
$WAGMI (
@wagmicom) on Sonic
Price $0.0049 (Wk: 0.0%) | Volume 24,108 (24h: +8.19%) | Security 99
Recent:
1. More bridging options have just become available.
2. Simple quest on Sonic by
@womofi. Thank you for including Wagmi with all the protocols.
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