Sonic (formerly FTM) is an EVM-compatible Layer 1 platform designed for high-performance decentralized applications. It delivers over 10,000 transactions per second with sub-second finality, enabling fast and scalable on-chain execution.
A key feature of Sonic is its Fee Monetization (FeeM) model, which allows developers to earn up to 90% of the fees generated by their applications. This approach aligns incentives between users and builders, bringing Web2-style monetization into a decentralized environment.
The Sonic Gateway provides access to Ethereum liquidity through a native bridge with built-in fail-safe mechanisms, helping protect assets during cross-chain transfers. This allows applications on Sonic to interact with broader DeFi ecosystems while maintaining performance advantages.
The native token is used for staking, governance, and network fees, supporting both security and participation within the ecosystem. Sonic focuses on combining high throughput, developer incentives, and cross-chain liquidity to support the next generation of Web3 applications.