Hassan Maishera
Sonic Labs, previously known as the Fantom Foundation, announced via X on Thursday that Kyber Network’s KyberSwap will launch on the Sonic blockchain. KyberSwap is a multichain aggregator and DeFi hub that empowers users with the insights and tools to trade without intermediaries.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 5% in the last 24 hours and is currently trading at $0.6364.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is up 10% in the last 24 hours and currently trades at $0.4984.
