Binance Staking has increased its Sonic validator self-stake from 76M to 86M $S. That is an additional 10M $S staked directly to @Binance’s validator, while roughly 35% of the total $S supply is now staked across the network. Current staking rewards: - Delegators: 4.81% APR - Validators: 5.66% APR More stake securing the network. More infrastructure alignment.

$422 Billion in @USDC value moved on Sonic Network.

haters in disbelief that defi is alive on sonic-3:native bad price is only temporary when the chain is moving forwards everyday I believe in $S

The upcoming Sonic network upgrade brings a set of new features that set Sonic apart. Simple but powerful ways to make Sonic even more frictionless for every type of user.

Sonic's L1 has seen its stablecoin supply jump 10%. Earlier this week, @SonicLabs reached the 200M transaction milestone. Now, it's seen its stablecoin supply jump 10% over the past week, reaching a total of around $130M . Though ranking only 33rd by stablecoin supply, no other blockchain has seen its stablecoin ecosystem grow by as much in the past seven days, aside from @ripple's $XRP Ledger.

Still some appetite for defi innovation at least.

Sonic Network is already one of the most efficient rails for moving value onchain. As fees trend toward zero, vertical integration becomes even more important. Low fees reduce friction, but they do not eliminate it. The next step is moving from fast to frictionless.

Scaling crypto apps takes more than low fees and good UX; it also needs reliable infrastructure underneath. @MrMinter_eth from Sonic Labs is joining the discussion on what it takes to bring Web3 apps to scale. 🗓️ June 5 ⏰ 13:00 UTC

D - Define your shape L - Lean into active bins M - Move with the market M - Maximize your fees

Great to see sonic-3:native @SonicLabs actively taking part in meaningful discussions. Tbh, only a handful of L1s can truly scale apps and payments. Speed and low fees matter, and Sonic has shown both. But reliability is still underrated. For time critical and financial critical apps, infra choice will not come down to speed alone. Most chains now have fast blocks and low gas. The winners will be the networks that are reliable, consistent, and built for serious EVM execution. Sonic is one of them.

It's smol, but being revenue positive since day 1 definitely helps alleviate a lot of the usual "crypto project sustainability" concerns. Very happy with the first 90 days.

Opportunities are popping up on @SonicLabs

Including puts revenue, almost $1m in revenue in first 90 days. What ARR is that?

90 days. All brand new systems. Will take awhile till people realize why equity based accounts are better than LTV lending.

Yield on @flyingtulip_ is getting more interesting on Sonic Network. ▪️ftUSD is now at 6.55%, mintable via USDC & USSD. ▪️Margin Lending USDC is at 6.57%. ▪️ftUSD has now been added as collateral on Lend.

sonic-3:native stands for super-cheap. sonic-3:native stands for speed.

Cost less than a 1/100th of a cent Takes less than 500 milliseconds

I've been testing @flyingtulip_ on @SonicLabs for the past few weeks. The feature set and the entire stack are something I have not seen executed this cohesively onchain before. - Delta neutral yielding stablecoin - Spot orderbook - Margin lending - Total return swaps - Perpetual futures - Leveraged spot - Full chain RFQ With Binary markets, Insurance, Zk Oracles in the works. All built into a fully composable product, with revenue routed to $FT buybacks and real value capture. This is clearly the culmination of years of work, and I believe it's @AndreCronjeTech's magnum opus. I can honestly say this is the next generation of DeFi we've all been waiting for. Built on Sonic.

We are already seeing vertical integration take shape on Sonic. This revenue model is much better than relying on Tx fees. Fees can keep trending toward zero, improving chain usability, while the L1 still generates revenue multiple orders of magnitude higher than Tx fees. Best part: it all routes back to sonic-3:native .

Its easy to fake metrics, but when you use chains like $S you see the dapps that actually do exist and makes you think about those high traffic chains with not much happening on them