Search results for "SONIC"
2026-04-03
12:21

Sonic SVM acquires ForgeX, an open-source on-chain market-making tool ForgeX CLI

The Sonic SVM Foundation announced on March 26th that it has acquired the market-making tool developer ForgeX and open-sourced its ForgeX CLI product. This tool provides Solana developers with various on-chain operation features, including token creation, cross-DEX market making, and more, outputting structured JSON format for easy AI agent integration.
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SONIC-1,31%
SOL0,18%
15:30

Sonic Block Explorer Sonicscan has resumed operation and completed synchronization, and the network is running normally.

Gate News report: On March 25, Sonic official announced that the block explorer Sonicscan came back online and completed full synchronization approximately 45 minutes ago. During this period, the Sonic network maintained normal operation throughout, with transaction processing and user fund security unaffected in any way. The team is currently conducting a post-mortem review of the incident and will disclose more details after reaching clearer conclusions.
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02:00

Sonic Labs introduces the native stablecoin USSD, backed by U.S. Treasury products from institutions such as BlackRock.

Sonic Labs launched US Sonic Dollar (USSD) on March 12 as the core liquidity layer. This stablecoin is built on Frax Finance's compliant infrastructure and supported by multiple institutions. It is pegged 1:1 to the US dollar and aims to enhance ecosystem yields while supporting cross-chain fee-free minting and flexible redemption.
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FRAX-0,51%
ZRO-1,02%
04:05

Sonic CEO announced his resignation via personal account

Odaily Planet Daily reports that Sonic Labs CEO Mitchell Demeter has announced his departure on his personal X account: "I have left Sonic Labs. Although I was there for a short time, I am grateful for the experience and wish the company all the best." Mitchell Demeter took office last September. His activity on social media has been relatively infrequent, and this departure announcement is his first post in 2026.
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05:38

Sonic Labs CEO and Business Leader Depart

Sonic Labs releases 2026 ecosystem update, with the CEO and business head having resigned and being temporarily replaced by the board. The company's funding allocation is diverse, with S tokens totaling 127 million. The AI smart contract generation platform is currently in testing, with FeeM distributing over 2.6 million S tokens, focusing on long-term ecosystem development and adjusting the rebate structure.
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S-3,26%