Sonic market information: price, market cap, and supply
Sonic Price is $0.0375. Its current circulating supply is 3.89B s with a market cap of $145.98M.
$ 0.0375
-0.24%
(Not Available)
$ 145.98M
$ 31.44M
3.89B S
What Is Sonic (S)?
Sonic is a fast EVM-compatible layer 1 and the successor to Fantom. The Fantom team relaunched the network as Sonic, and FTM holders could upgrade to the new S token one for one.
Sonic is built for speed, with sub-second finality, and it pays a large share of transaction fees back to the developers whose apps generate them.
From Fantom to Sonic
Sonic mainnet launched in late 2024, and the FTM to S upgrade opened shortly after. S is now the gas and staking token, and Ethereum tools work out of the box.
The fee-sharing model, where apps earn most of the fees they generate, is designed to attract builders and liquidity to the chain.
S at a Glance
| Detail | Sonic |
| Previously | Fantom (FTM), upgraded 1:1 |
| Type | EVM layer 1 |
| Finality | Under a second |
| Address format | 0x, 42 characters |
| Gas paid in | S |
What Is S Used For?
- Paying gas on Sonic.
- Staking to validators.
- DeFi on Sonic apps.
How to Exchange S on SecureShift
- Choose S as the coin you send or receive, and pick the other side of the swap.
- Paste the address where you want to receive. For S, paste a 0x address from a wallet set to the Sonic network.
- Send your deposit to the address shown on the order page.
- Receive your coins in your own wallet. No account, no ID, no exchange limit, and the 1% fee is already in the quote.
Key Moments in Sonic History
Fantom launched in 2019 and became popular in the 2021 DeFi boom. After the Multichain bridge collapse in 2023 hit its ecosystem hard, the team rebuilt and relaunched as Sonic.
Where to Store S
MetaMask or Rabby with Sonic added, or a Ledger.
Mistakes to Avoid With S
- Sending old FTM where S is expected. Upgrade FTM first.
- Confusing Sonic (S) with SonicSVM (SONIC), a different project.
- Assuming a Sonic address works on Ethereum.
Want to hold part of your portfolio somewhere private? You can swap S to Monero (XMR) the same way.
Swap Sonic (S) for any asset from our extensive crypto selection by following these simple steps:
1. Select S as the "You Send" currency.
2. Choose the asset you’d like to receive in exchange for your S.
3. Enter the wallet address for the asset you wish to receive.
4. Send your deposit to a unique one-time address.
5. Receive your exchanged coins in approximately 5 minutes!
Top cryptocurrencies to exchange with Sonic (S)
| # | S to | Pair | Available for exchange |
|---|---|---|---|
| No data found! | |||
Why exchange Sonic on SecureShift
- Using SecureShift is safe and reliable. As a non-custodial service, we never store or hold your assets.
- SecureShift ensures rapid transactions, typically completing within two minutes.
- Our platform is highly versatile. We continuously strive to enhance our services, satisfy our customers, and broaden our cryptocurrency offerings.
- No registration is required to trade any crypto asset on SecureShift. All you need is a wallet address.
- Trade freely with no upper limits! Whether your transactions are small or large, we guarantee successful completion every time.
Sonic (S) FAQ
Sonic is Fantom's successor. FTM can be upgraded 1:1 to S.
No. SONIC is SonicSVM, a separate project.
Gas, staking and DeFi on Sonic.
No.
Yes, choose S and XMR on the swap form.
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