Sonic, the first decentralized exchange on the Internet Computer blockchain, went live over the weekend. The decentralized exchange offers a wide range of DeFi products for the InternetComputer blockchain, operating on a gasless AMM.
The Internet Computer is a layer-1 protocol that is developed by the DFINITY Foundation and aims to become a blockchain network that evolves the internet’. ICP, the native token of the blockchain, is trading at $19.26, down by nearly 10% in the last 24 hours.