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Sonic TVL Crosses $1 Billion

Summary by The Defiant

Sonic, formerly Fantom, continues its upward trajectory as the chain’s total-value locked (TVL) climbs past the $1 billion mark.The chain’s TVL is up 6% over the last week and makes Sonic the 12th largest blockchain with $1.04 billion, putting it within shouting distance of Aptos, which touts $1.07 billion in TVL.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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thecryptocurrencypost.net

Sonic Surpasses $1 Billion TVL and Gains Momentum - The Cryptocurrency Post

TL;DR Sonic blockchain, formerly known as Fantom, has surpassed $1 billion in Total Value Locked (TVL), ranking as the 12th largest chain in the crypto space. Its DeFi ecosystem is growing rapidly thanks to an ambitious incentive program that will distribute 190 million S tokens, valued at $95 million. The network is also seeing a surge in daily active users, nearing all-time highs with an average of 57,000 over the past week. In a new mileston…

3 days ago

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