Sonar: AI-Powered Trading and Portfolio Management Across CeFi, DeFi, and 18 Chains. TGE soon in 2025.
@SonarPING_ is a one-stop platform called Sonar Terminal for connecting and managing trading positions across CeFi (e.g., Binance, ByBit, via API keys) and DeFi (by linking the non-custodial native Sonar wallet to various DeFi protocols). This integration enables users to execute spot, futures, and perpetual trades seamlessly across multiple CEXs and DEXs on Sonar, as well as swap assets across 18 chains through Sonar Studio (similar to Houdiniswap).
Powering this seamless trading experience is Oracle, Sonar’s AI Agent Network. Oracle combines multiple large language models (LLMs) with a suite of AI-driven agents to not only provide users with real-time insights and analytical assistance but also automate and optimize portfolio management. By leveraging AI-driven execution capabilities, Oracle helps users streamline complex trading strategies, reduce manual effort, and enhance overall performance.
Ultimately, Sonar Terminal will evolve into Sonar Portal, an all-in-one ecosystem where decentralized applications (dApps) are seamlessly integrated.
Other features offered by Sonar includes trading tools and charts, AI research assistant chatbot, token analytics, smart contract analysis (trade safely and avoid scams via contract scanner), risk assessment, tracking smart wallets, addresses and assets, top up gas across 10 chains, on/off ramp fiat to crypto in 180 countries, feeds with the latest crypto market sentiment and news, discover or spot new opportunities through Sonar's trends feature and collections and many more (see litepaper
drive.google.com/uc?export=d…)
Privacy and security of Sonar
Sonar Terminal’s overarching priority is safeguarding user data and private information. To achieve this, Sonar employs a multi-layered approach to security that begins the moment a user enters their data and extends throughout every operation on the platform. While the specific technical implementations are subject to change over time as industry standards evolve, here are the core pillars that ensure a strong security posture and protect sensitive information from leaks and external threats:
1. Bank-Grade Encryption of Sensitive Data
- API Key Encryption: Sonar encrypts any CEX
- API keys at rest using strong encryption algorithms (e.g., AES-256). This ensures that, even if attackers gained file-level access, the stored keys would be unusable without the decryption keys.
- End-to-End TLS: All communications between Sonar’s front-end, back-end, and exchange endpoints occur over encrypted channels (TLS/SSL), securing data in transit against man-in-the-middle attacks.
2. Granular and Secure Management of API Keys
- Minimal Required Privileges: Users can (and should) create API keys with the most limited permissions necessary (e.g., read-only for portfolio tracking or trade-only without withdrawals) to minimize risk.
- No Custody of Funds: Because Sonar does not hold user funds, even a breach of Sonar’s systems does not directly endanger your underlying assets. The platform simply serves as a unified interface for CEX or wallet interactions.
3. Isolated, Hardened Infrastructure
- Secure Key Storage: Encryption keys for decrypting the stored API keys reside in separate, tightly controlled environments (such as Hardware Security Modules (HSMs) or secure cloud key management services) to limit exposure.
- Microservice Architecture: Each service in the Sonar ecosystem is compartmentalized, meaning a compromise of one service does not automatically expose all systems and data.
4. Rigorous Access Controls and Authentication
- Multi-Factor Authentication (MFA): Sonar supports MFA to verify user identities whenever they log in or perform high-risk actions. This adds an extra layer of defense beyond just a username/password.
- Role-Based Access: Administrative and internal Sonar staff accounts are also tightly controlled, with detailed audit trails of any access and actions taken.
5. Frequent Security Audits and Testing
- Penetration Testing: Sonar regularly commissions independent security assessments to probe for vulnerabilities in the platform, following up by addressing any discovered issues.
- Code Reviews & Continuous Monitoring: Code changes undergo thorough internal reviews, and the system is continuously monitored for abnormal patterns or unauthorized access attempts.
6. User Education and Control
- Transparent Security Documentation: Sonar provides documentation on best practices for generating and maintaining API keys, encouraging users to keep separate keys dedicated for Sonar, enable IP whitelisting, and set strict permission scopes.
- Immediate Revoke Capabilities: Users can easily revoke or update API keys on both the platform side and the exchange side, ensuring they remain in complete control of their own credentials.
7. Minimal Storage of Personal Identifiable Information (PII)
- Sonar’s primary focus is asset management across exchanges and blockchains, reducing the need to store large volumes of user PII. This limited data footprint drastically lowers the potential impact of a breach.
8. Non-Custodial Wallet Interactions
- For on-chain assets (ERC-20, Solana, etc.), Sonar Terminal typically integrates via third-party wallet connections or read-only blockchain explorers. This setup means private keys remain in the user’s control and are never held by Sonar.
By integrating best-practice security protocols with a user-centric non-custodial philosophy, Sonar Terminal strives to prevent any single point of failure. While no platform can claim 100% immunity to attacks, these layered security measures—along with clear user guidelines—collectively ensure that private information is strongly protected and minimize any potential damage in the unlikely event of a breach.