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Sonic SVM

$00.61%
SONIC/USDT
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Sonic SVM

SONIC

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Sonic SVMGoogle Search Trends
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Sonic SVMGitHub code submission status
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Commit
2,207
Star
172
Fork
71
Issue
5
Sonic SVMTwitter weekly trends
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May-17-May-11
May-10-May-4
May-3-Apr-27
Tweets
Total
12
2
3
Views
Total
Average
87.87K
7.32K
27.54K
13.77K
20.71K
6.9K
Like
Total
Average
1.5K
125
228
114
323
107
Comment
Total
Average
599
49
89
44
126
42
Shares
Total
Average
355
29
60
30
98
32

Sonic SVM Basic
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Sonic SVM Info

White paper
white paper
Website
sonic.game
Contracts
Solscan:Soni...dDES
Explorers
solscan.io
Community
Twitter
Telegram
Discord
Tiktok
Blog
Source code
Sector
Layer2
First issue time
Nov 27, 2024
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Sonic SVM Intro

Sonic is the first atomic Solana Virtual Machine (SVM) Layer 2 solution designed to enable sovereign game economies on the Solana blockchain. Developed by Mirror World Labs, Sonic leverages the HyperGrid framework to provide scalable and customizable infrastructure for game developers, allowing seamless integration of various game engines and virtual machines.

A key feature of Sonic is its atomic interoperability, which enables developers to execute transactions on Sonic without redeploying their Solana programs and accounts. This allows games to process millions of requests per second and settle them back onto Solana's Layer 1, offering a fast and cost-effective on-chain gaming experience.

Since its launch, Sonic has achieved significant milestones, including over 1 million monthly active wallets and more than 600 million transactions on its testnet. The project has also secured $12 million in funding to further develop and expand within the Solana gaming ecosystem.



Sonic SVM Unlock & Allocation
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Sonic SVM Timeline

Sonic SVM Token unlock

Unlocked: 7.00%(16.80b)
Total Locked: 43.01%(103.22b)
Untracked: 49.99%(119.98b)

Sonic SVM Token allocation

Ecosystem & Community:30.00%(720.00m)
Foundation:20.00%(480.00m)
Investors:15.00%(360.00m)
HyperGrid Validators:10.00%(240.00m)
HyperFuse Nodes:10.00%(240.00m)
Early Supporters:8.00%(192.00m)
Initial Claim:7.00%(168.00m)

Q&A about Sonic SVM Tokenomics

Q: What's SONIC'S tokenomics?

A:

With a total supply of 2,400,000,000 $SONIC, the token allocation is designed to ensure long-term ecosystem growth, community engagement, and network security. 15% of $SONIC will enter circulation at TGE , driving early adoption and incentivizing key ecosystem participants.

57% of $SONIC will be allocated to the Sonic SVM Community, including tokens reserved for Ecosystem & Community, Initial Claims, and Sonic HyperGrid Rewards.

Ecosystem & Community (30%)

30% of $SONIC tokens are allocated to the Sonic SVM Ecosystem & Community, reserved for ecosystem development. This includes grants for game studios and dApp developers building within the Sonic SVM ecosystem. Grants will be awarded upon achieving specific development milestones that drive network growth and user engagement.

Initial Claims (7%)

7% of $SONIC is reserved for exclusive airdrops, rewarding top contributors from the Sonic AVS delegation, Sonic Odyssey, SonicX, HyperFuse Observer Node holders**,** and early supporters of Mirror World and World Store.

Sonic HyperGrid Rewards (20%)

20% of $SONIC tokens are reserved for Sonic HyperGrid Rewards, allocated as follows:

  • Validator Rewards: 10% of $SONIC is allocated to Sonic HyperGrid validators for securing the network and maintaining blockchain performance, ensuring stability and decentralization.
  • Observation Node Rewards: 10% of $SONIC is allocated to HyperFuse Guardian Nodes, with 9% reserved for node operators and 1% designated for Node Referral Rewards.

Early supporters (8%)

8% of $SONIC tokens are allocated to early supporters who backed our vision in the early stages, providing initial funding and helping shape the foundation of our project. Tokens will be subject to a 12-month cliff, followed by a 24-month linear vesting schedule. Tokens will remain locked and unstakable until fully vested.

Investors (15%)

15% of $SONIC tokens are allocated to investors, subject to a 12-month cliff, followed by a 24-month linear vesting schedule. Tokens will remain locked and unstakable until fully vested.

Foundation (20%)

20% of $SONIC tokens are reserved for the Foundation, including Team Members and Advisors from Engineering, Product, Community & Marketing, Business Development, Strategy, and other key workstreams. Tokens will be subject to an 18-month cliff followed by a 36-month linear vesting schedule, during which they will remain locked and unstakable.

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Sonic SVM Price Live Data
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The live Sonic SVM price today is $0.34183 USD with a 24-hour trading volume of 64,871,920 USD. We update our Sonic SVM to USD price in real-time. Sonic SVM is +0.61% in the last 24 hours. The current SoSoValue marketcap ranking is # 313, with a live market cap of $ 123,058,800 USD. It has a circulating supply of 360,000,000 SONIC coins and a max supply of 2,400,000,000 SONIC coins.
Sonic SVM
SONIC
#313
$0
+0.61%
Total dollar volume24H
$64,871,920
High24H
0.35446 USDT
Low24H
0.33041 USDT
Market Cap
#313$123,058,800
FDV
$820,392,000
Market Cap / FDV Ratio
0.15
Turnover rate
52.72%
Circulating supply
360,000,000
Total supply
2,400,000,000
Max supply
2,400,000,000
All time high
1.225 USDT
All time high date
Jan 08, 2025
Down from All time high
-72.10%
Cycle low
0.17572 USDT
Cycle low date
Apr 09, 2025
Up from cycle low
94.53%
Contracts
Solscan:Soni...dDES
Official links
Website
White paper
Socials
Twitter
Telegram
Discord
Tiktok
Blog
Introduction

Sonic is the first atomic Solana Virtual Machine (SVM) Layer 2 solution designed to enable sovereign game economies on the Solana blockchain. Developed by Mirror World Labs, Sonic leverages the HyperGrid framework to provide scalable and customizable infrastructure for game developers, allowing seamless integration of various game engines and virtual machines.

A key feature of Sonic is its atomic interoperability, which enables developers to execute transactions on Sonic without redeploying their Solana programs and accounts. This allows games to process millions of requests per second and settle them back onto Solana's Layer 1, offering a fast and cost-effective on-chain gaming experience.

Since its launch, Sonic has achieved significant milestones, including over 1 million monthly active wallets and more than 600 million transactions on its testnet. The project has also secured $12 million in funding to further develop and expand within the Solana gaming ecosystem.



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