Sonic S
Fantom's speed reborn
π a phoenix that rose from Fantom's ashes, blurring across the chain in under a second
π¬ βI used to be called Fantom. In January 2025 I shed that name, kept my soul, and came back faster, blocks confirm in under a second now. And when you build on me, I hand most of the fee back to you.β
- What: a fast, Ethereum-compatible Layer-1 blockchain for cheap, near-instant DeFi.
- Where it came from: it is Fantom (FTM) reborn, not a fresh chain. FTM became S 1:1 in January 2025.
- Its trick: Fee Monetization (FeeM) gives builders up to 90% of the gas fees their apps earn.
- Supply note: no fixed cap. It started near 3.175 billion S and keeps minting in phases, with some burns.
π The Story
December 2023. The team behind Fantom, one of the older fast smart-contract chains, set up a new lab. The goal was not a fresh meme but a rebuilt engine under a new name. Andre Cronje, the architect tied to Fantom and a string of well-known DeFi tools, sat close to the design table.
August 2024. The plan went public: the Fantom Foundation would become Sonic Labs, led by longtime Fantom CEO Michael Kong. This was a rebuild, not a paint job: the new chain kept Fantom's family line but ran on a tuned-up version of its consensus.
January 2025. Sonic's mainnet went live and the S token launched. Holders swapped their old FTM for S at a clean 1:1 rate, and a six-month migration window opened, finishing around May 2025. The same community, the same lineage, a new body.
What makes Sonic worth a codex entry is not just speed. It built in Fee Monetization: instead of all fees going to validators, an app can claim up to 90% of the fees it generates. A chain that pays its own builders is the bet Sonic is making.
π Stats
π§© How it works
Sonic settles transactions with Lachesis, a leaderless engine it inherited from Fantom and then upgraded. Because no single leader has to take a turn, many validators can agree at once, which is how it reaches sub-second finality (around 0.7 seconds). It is a proof-of-stake chain, so validators stake S to help secure it.
The headline feature is Fee Monetization (FeeM). On most chains the gas fees you pay flow to validators or get burned. Sonic instead routes up to 90% of the fees an app generates back to that app's developers.
π Light & Shadow
- Genuinely fast and cheap: blocks confirm in under a second, which suits trading and other busy DeFi apps
- FeeM is a real draw for developers, paying builders out of the fees their apps earn is unusual and concrete (up to 90%)
- Ethereum-compatible, so apps and tools built for Ethereum can move over without a rewrite
- It is a young chain. The S token only launched in 2025, so its track record is short and unproven
- No supply cap. It started near 3.175 billion S and keeps minting in phases, including a 2025 governance vote to add more (scarcity is low compared with capped coins)
- The fast Layer-1 field is crowded. Sonic competes with many other chains for the same builders and users, and rebranding from Fantom does not guarantee they follow
𧬠Evolution lineage
Sonic is not a fork, it is Fantom grown up. The old FTM token became S at a 1:1 swap in January 2025, and the chain still runs on Fantom's Lachesis consensus, now tuned for sub-second finality.
π§ Meet other friends
β FAQ
- What is Sonic?
- A fast, Ethereum-compatible Layer-1 blockchain built for cheap, near-instant DeFi. It is the 2025 rebrand of the old Fantom network, so it is not a brand-new chain but a grown-up version of one.
- How is Sonic related to Fantom?
- Sonic is Fantom reborn, not a copy of it. The Fantom Foundation became Sonic Labs in 2024, and in January 2025 the old FTM token was swapped for the new S token at a 1:1 rate. Same lineage, faster engine.
- What is Fee Monetization (FeeM)?
- Sonic's signature feature. On most chains, the gas fees users pay go to validators or get burned. Sonic instead hands up to 90% of those fees back to the app that earned them, so building popular apps becomes a real income stream.
- Does Sonic have a supply cap like Bitcoin?
- No. Bitcoin freezes at 21 million coins, but Sonic launched with about 3.175 billion S and keeps minting new tokens in phases to fund the ecosystem and reward validators. Some fees and unused funds are burned, but the supply is uncapped, not fixed.
- Where can I buy Sonic (S)?
- S trades on most major crypto exchanges, and anyone still holding old FTM could swap it for S at a 1:1 rate during the 2025 migration. It is a young, volatile token, so only try a small amount for fun. (Information only, not advice to use any particular exchange or to invest.)
β οΈ Not investment advice. All figures are for information only