Sonic

Sonic is the highest-performing EVM layer-1 blockchain, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. The chain provides 400,000 TPS and sub-second finality.

By combining a novel consensus mechanism with full EVM compatibility, Sonic delivers unparalleled speed, security, and scalability. The S token is Sonic's native token, used for paying transaction fees, staking, running validators, and participating in governance.

Token symbol:
S

Scalability Metrics:
Sonic TPS is 2.58 transactions per second
Sonic Max TPS is 1,139 transactions per second
Sonic Max Theoretical TPS is 396,825 transactions per second
Sonic transaction volume is 9,299 transactions
Sonic block time is 1s
Sonic finality is 0s
Sonic has 164,779,656 total transactions since its TGE
Sonic is a layer 1 blockchain
Sonic was launched on Dec 1, 2024 (1 year ago)

Decentralization Metrics:
Sonic nakamoto coefficient is 4
Sonic has 40 validators
Sonic stake is $120.6M
Sonic consensus mechanism is Proof of Stake (PoS)
Sonic governance is on-chain

Developer Activity Metrics:
Sonic has 103 developers
Sonic has 13 repos
Sonic has 14,026 commits
Sonic has 82 stars
Sonic has 84 watchers

Financial Metrics:
Sonic revenue is $543.2
Sonic average transaction fee is $0.002368
Sonic price is $0.09429
Sonic market cap is $271.6M
Sonic fully diluted valuation (FDV) is $303.9M
Sonic market cap to FDV ratio is 89.37%