Hassan Maishera
On Tuesday, Sonic Labs (formerly Fantom Foundation) announced via X that SODAX, formerly ICON, is officially migrating its cross-chain DeFi infrastructure to Sonic. SODAX builds the Unified Liquidity Layer, connecting liquidity, apps, and users across 12+ chains.
Its SDK allows apps to integrate:
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Cross-chain swaps
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Cross-chain lending, and
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Intent-based execution
SODAX chose Sonic thanks to its
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EVM-compatible with fast finality
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Strong developer support, and
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Fee Monetization (FeeM)
Sonic (previously Fantom) is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its S coin is down 6% in the last 24 hours and is currently trading at $0.3097.
