Sonic V3

Sonic
1 min readNov 16, 2023

Sonic is strategically repositioning as a decentralized exchange (DEX) on Bitfinity EVM, a Layer 2 chain designed for Bitcoin.

From Version 3 onwards, all Sonic assets will be transferable to Bitfinity EVM through a bespoke bridge system. This transition allows for the integration of every asset into Ethereum wallets, such as Metamask, enhancing both accessibility and functionality.

In addition, Sonic tokens will be seamlessly integrated into the Ethereum Virtual Machine (EVM), expanding our offerings within the blockchain ecosystem. This includes making our liquid staking solutions available on EVM, a significant step in our technological evolution.

As for our perpetual contracts, the initial launch (Version 2) will take place on Optimism Ethereum. Looking ahead, we plan to employ our Liquid Staking protocol to foster market-making opportunities. This strategy not only broadens our trading capabilities but also strengthens our market position.

Moreover, Sonic tokens will be accessible on more than two chains, ensuring both rewards and utility for our token holders. These will be in the form of wrapped tokens, offering additional arbitrage opportunities for traders, thereby enriching the trading experience and contributing to a more dynamic market environment.

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