Sonic (formerly Fantom) is a high-performance Layer 1 (L1) blockchain that is compatible with the Ethereum Virtual Machine (EVM). It is designed to maximize transaction speed, efficiency, and scalability, making it ideal for decentralized finance (DeFi) applications. The network can process 10,000 transactions per second (TPS) with sub-second finality, meaning transactions are confirmed almost instantly.

TheS tokenis Sonic’s native utility token. It serves multiple functions within the ecosystem, including:

Sonic aims to attract developers and users by offering a fast and cost-efficient blockchain infrastructure for DeFi and other Web3 applications.