Sonic SVM price

in AED
AED0.49442
-- (--)
AED
Last updated on --.
Market cap
AED178.64M
Circulating supply
360M / 2.4B
All-time high
AED4.842
24h volume
AED62.61M
Rating
4.0 / 5
SONICSONIC
AEDAED

About Sonic SVM

SONIC (Sonic SVM) is a cryptocurrency designed to power a high-speed blockchain ecosystem focused on scalability and low-cost transactions. Built for efficiency, it enables fast and affordable decentralized applications (dApps) and trading experiences. SONIC is used for transaction fees, governance, and incentives within its network, making it essential for users and developers. Its growing ecosystem includes partnerships in gaming, DeFi, and digital collectibles, showcasing its versatility. With a strong community and continuous innovation, SONIC aims to be a user-friendly gateway into the world of blockchain technology.
AI insights
New
Solana
CertiK
Last audit: --

Sonic SVM’s price performance

Past year
--
--
3 months
-40.38%
AED0.83
30 days
-23.13%
AED0.64
7 days
+0.84%
AED0.49

Sonic SVM on socials

Altcoin Buzz
Altcoin Buzz
$ETH LEADS THE TOP INFLOWS IN THE LAST 24HRS WITH $406M 🚨
matcha | 抹茶
matcha | 抹茶
reposting for awareness.
YAM 🌱
YAM 🌱
Be VERY careful interacting with unverified @merkl_xyz campaigns. A bad actor is creating triple digit APR incentives on Sonic for depositing USDC into an Euler vault, and drains all deposits. This is how it works: Because Euler is permissionless, the attacker was able to deploy a 'fake' market using scUSD as collateral and USDC as debt. The market has a 1$ deposit cap for scUSD - fully taken by the bad actor. The scUSD oracle price is set to $1M per token, allowing the attacker to borrow 700,000 USDC against a single scUSD (at 70% LTV). The attacker controls the oracle and can raise the price further to extract more funds if needed. Next, the attacker created an unverified, fake campaign on Merkl to attract deposits. Any USDC deposited to this market is borrowed, swapped into ETH, and transferred to @RAILGUN_Project. Current losses: roughly $145,000, and growing. As the attacker is not actively monitoring the vault for new deposits, it allowed 0xc0f8feab321f8ffe97666768451747d16da8cad5, a victim who previously deposited USDC into this vault, to withdraw USDC before the attacker managed to borrow it. While we don't think @merkl_xyz or @eulerfinance are at fault here, as they both clearly flag the campaign/market as unverified, @merkl_xyz should likely make depositing into an unverified campaign much more annoying with more pop-up warnings, just to prevent this from happening in the future. Main operator: 0x8ba913e764c5cc9b22ee63737841059ad9caac5f Final receiver before railgun: 0xa86399e78fb3d9fb5be053825a016e32d390fc12 The list of victims can be found here: Campaign (SCAM, don't deposit): Euler Market (SCAM, don't deposit): cc @zachxbt
YAM 🌱
YAM 🌱
Be VERY careful interacting with unverified @merkl_xyz campaigns. A bad actor is creating triple digit APR incentives on Sonic for depositing USDC into an Euler vault, and drains all deposits. This is how it works: Because Euler is permissionless, the attacker was able to deploy a 'fake' market using scUSD as collateral and USDC as debt. The market has a 1$ deposit cap for scUSD - fully taken by the bad actor. The scUSD oracle price is set to $1M per token, allowing the attacker to borrow 700,000 USDC against a single scUSD (at 70% LTV). The attacker controls the oracle and can raise the price further to extract more funds if needed. Next, the attacker created an unverified, fake campaign on Merkl to attract deposits. Any USDC deposited to this market is borrowed, swapped into ETH, and transferred to @RAILGUN_Project. Current losses: roughly $145,000, and growing. As the attacker is not actively monitoring the vault for new deposits, it allowed 0xc0f8feab321f8ffe97666768451747d16da8cad5, a victim who previously deposited USDC into this vault, to withdraw USDC before the attacker managed to borrow it. While we don't think @merkl_xyz or @eulerfinance are at fault here, as they both clearly flag the campaign/market as unverified, @merkl_xyz should likely make depositing into an unverified campaign much more annoying with more pop-up warnings, just to prevent this from happening in the future. Main operator: 0x8ba913e764c5cc9b22ee63737841059ad9caac5f Final receiver before railgun: 0xa86399e78fb3d9fb5be053825a016e32d390fc12 The list of victims can be found here: Campaign (SCAM, don't deposit): Euler Market (SCAM, don't deposit): cc @zachxbt

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Sonic SVM FAQ

Currently, one Sonic SVM is worth AED0.49442. For answers and insight into Sonic SVM's price action, you're in the right place. Explore the latest Sonic SVM charts and trade responsibly with OKX.
Cryptocurrencies, such as Sonic SVM, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Sonic SVM have been created as well.
Check out our Sonic SVM price prediction page to forecast future prices and determine your price targets.

Dive deeper into Sonic SVM

Sonic SVM is the first SVM to launch on Solana. Sonic SVM built the first Web3 TikTok app-layer to bring millions of TikTok users to Solana. Sonic SVM is also the leading gaming ecosystem on Solana.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
AED178.64M
Circulating supply
360M / 2.4B
All-time high
AED4.842
24h volume
AED62.61M
Rating
4.0 / 5
SONICSONIC
AEDAED
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