Sonic Labs (prev. Fantom) 

S Price

What is the Sonic (S) coin?

Sonic (S) is the native coin of Sonic, an EVM-compatible layer-1 blockchain launched by Sonic Labs — formerly the Fantom Foundation — in December 2024, with the mainnet rebrand completed on January 16, 2025. The chain targets roughly 10,000 transactions per second with about one-second confirmation. Its FeeM mechanism lets developers keep up to 90% of the transaction fees their applications generate. Sonic positions itself as a fast settlement layer and a secure gateway to Ethereum.

How is Sonic (S) related to Fantom (FTM)?

Sonic is the rebrand and technical successor of Fantom Opera. FTM holders migrated to S at a 1:1 ratio, and the genesis S supply of 3,175,000,000 matched Fantom's total supply — S was an upgrade, not a fresh token. Validator rewards from Fantom Opera were redirected to fund Sonic's first four years of emissions. The Sonic Labs team is the former Fantom Foundation, and the chain inherits the Fantom ecosystem.

What is Sonic (S)'s tokenomics and total supply?

Total supply stands at 3,222,625,000 S as of September 2026, per DropsTab data. Genesis supply was 3,175,000,000 S, carried over 1:1 from FTM. Sonic has no fixed maximum supply. New S enters circulation through validator block rewards, an annual funding emission of 47,625,000 S, and governance-approved institutional issuances. Unused portions of the funding emission are burned each year.

How does Sonic's uncapped supply model affect holders?

Uncapped supply makes S structurally inflationary, and burns only partially offset new issuance. According to the official Sonic Labs documentation, about 70M S per year migrated from Fantom Opera funds validator rewards for the chain's first four years. After that period, annual new issuance switches to 1.75%. The 47,625,000 S funding emission runs for six years, and a further $50M-in-S institutional issuance for an ETF pursuit remains possible.

Who backed Sonic Labs?

DropsTab fundraising data shows a $10M strategic round in May 2024 led by Hashed, and a $10M strategic round in May 2025 led by Galaxy. The 2024 round included SoftBank, UOB Venture Management, Aave Ventures, Signum Capital and angels such as Stani Kulechov, Robert Leshner and Michael Egorov. In September 2025, Cicada Market Making joined through a strategic round of undisclosed size. Legacy Fantom fundraising in 2018 totaled roughly $41.3M.

What does Sonic Labs' funding history signal about project maturity?

The backer mix spans tier-1 venture capital, market making and DeFi founders — continued institutional interest more than six years after launch. The Fantom public sale priced the predecessor asset at $0.04 per token on June 15, 2018. Per DropsTab data, no single venture investor is publicly tied to more than 20% of supply, which limits single-backer concentration. Repeat raises in 2024 and 2025 indicate ongoing treasury funding rather than a one-time raise.

Is the Sonic airdrop still claimable?

No — the standard claim window closed on January 18, 2026. Sonic's Season 1 airdrop claim ran from July 22, 2025 to January 18, 2026. The full airdrop totaled 190,500,000 S: Season 1 distributed about 89.5M, Season 2 about 6M, and the Kaito campaign about 2.8M, with roughly 92.2M S reserved. Unclaimed positions route through the 270-day vesting mechanics rather than the standard claim portal.

What did the Sonic airdrop require to qualify?

Eligibility came from point farming, not purchases. Sonic Arcade (October 2024) awarded points for playing free-to-play games on the incentivized testnet, within a 200M S airdrop pool. Sonic Points mainnet farming ran from December 18, 2024, rewarding interaction with mainnet applications from the same 200M S pool. The Road to Sonic Galxe campaign (August–October 2024) distributed Sonic Shards NFTs for completing weekly task series.

Is S a coin or a token?

S is a coin — the native asset of the Sonic layer-1 blockchain, used for gas and secured by Sonic's own validator set. It is not a token deployed on another chain, and DropsTab classifies it under Blockchain. The chain is fully EVM-compatible, including recent Ethereum Pectra features, so Ethereum-native applications deploy without code changes.

Where can you buy Sonic (S) crypto?

S trades on 50+ centralized spot markets, per DropsTab data, including Binance, Coinbase, OKX, Kraken and Bybit — most commonly quoted against USDT, USD, USDC and EUR. Roughly a dozen venues run S perpetual futures, among them Binance Futures, Hyperliquid and Deribit. DropsTab tracks no on-chain DEX pairs for S, so its tracked liquidity is entirely centralized; regional listings include Bithumb in KRW and BtcTurk in TRY.