Sonic
Sonic LabsFantom Sonic
The 2024 Fantom rebrand — EVM-compatible L1 with sub-second finality and an aggressive incentive programme to seed DeFi liquidity.
Sonic launched under the leadership of Andre Cronje and the former Fantom team. The Fee Monetisation programme rebates 90% of gas fees back to dApp developers, drawing yield protocols including Aave v3 and Beethoven X. Smaller stablecoin float than the major L2s, but strong incentive surface.
Related terms
- L1 (Layer-1)A base-layer blockchain that settles its own state and provides its own security — Ethereum, Solana, BNB Chain.
- EVM (Ethereum Virtual Machine)The runtime that executes Ethereum smart-contract bytecode — replicated across all EVM-compatible chains.
- AvalancheA Layer-1 chain with sub-second finality and an EVM-compatible C-Chain.