Close Menu
Crypto Chain Post
    Trending

    Bitcoin Setting Up For ‘Large Move’ Amid $103,000 Retest – Key Levels To Watch

    June 19, 2025

    TAC Reveals Major Funding to Bring DeFi Applications into Telegram

    June 19, 2025

    OpGPU and Ice Open Network Forge Alliance to Advance Decentralized AI and Web3 Computing

    June 19, 2025

    Whale Accumulation Hits Six-Year High as Ethereum Eyes $4K Breakout

    June 19, 2025

    Binance goes all-in on Syria with full product rollout

    June 19, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Thursday, June 19
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » Sonic Labs announces 200M S token airdrop, U.S. residents will be eligible 
    Altcoin

    Sonic Labs announces 200M S token airdrop, U.S. residents will be eligible 

    News RoomBy News RoomJune 4, 2025No Comments2 Mins Read

    Sonic Labs has unveiled a 200 million S token airdrop to reward users and developers in its growing ecosystem, and U.S. residents are now officially eligible.

    The announcement was made via a June 3 blog post and was later confirmed on X, marking a rare moment where an airdrop will be accessible to users in the U.S. under legal compliance. According to Sonic Labs, 190.5 million Sonic (S) will be distributed through a gamified points system that includes Sonic Points for regular users, Sonic Gems for decentralized finance protocols, and Game Gems for game developers.

    🇺🇸 You're in.

    U.S. residents are now eligible for the ~200M $S airdrop!

    A milestone moment as our airdrop becomes one of the first to reach the U.S. legally and expands access to $S. pic.twitter.com/f7Od17I5JD

    — Sonic Labs (@SonicLabs) June 3, 2025

    The first season of the airdrop becomes claimable around December 2025, with 25% unlocked immediately and the rest vested over 270 days. Early claims will be subject to a linear decay mechanism, which will burn a portion of the vested tokens to regulate supply and incentivize sustained participation. Users can choose to stake their S tokens at a 4.61% APY.

    You might also like: Sonic Labs announces GSR as the official market maker for S

    OpenBlock and Sentio, two analytics platforms known for powering incentive programs for protocols like EigenLayer (EIGEN) and Solana (SOL), are supporting the airdrop design. OpenBlock will model and optimize incentive allocation, while Sentio’s high-speed indexing engine will track on-chain activity and update points in real-time.

    The news follows Sonic Labs’ $10 million token sale to Galaxy on May 12 to drive U.S. expansion. Galaxy, which serves over 1,300 institutional clients, is expected to help bridge traditional finance with Sonic’s fast, EVM-compatible blockchain infrastructure.

    Sonic has processed over $17 billion in decentralized exchange volume to date, with over $4 billion monthly since January. On May 16, founder Andre Cronje introduced Flying Tulip, a DeFi super-app built on Sonic’s ultra-fast SonicVM and SonicDB stack, featuring trading, lending, and liquidity pools.

    Despite the recent developments, S has struggled to price in the momentum. It’s down 22% in the past month, and total value locked has slipped to $861 million after peaking at $1.14 billion in mid-May, according to DeFiLlama data.

    Read more: Binance Web3 Wallet integrates Sonic blockchain, enabling airdrops



    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Major Airdrop and Token Launch Announcement Released – Could Heat Up Competition

    June 19, 2025

    Justin Sun’s ‘TronStrategy’ Drives TRON’s $1.8B Trading, Outpacing Alibaba’s $1.19B

    June 18, 2025

    Shiba Inu Whale Inflows Explode 6,306% to Six-Month High, What’s Happening?

    June 18, 2025

    Filecoin and Theoriq Are Building Truly Autonomous AI Agents

    June 18, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    TAC Reveals Major Funding to Bring DeFi Applications into Telegram

    June 19, 2025

    OpGPU and Ice Open Network Forge Alliance to Advance Decentralized AI and Web3 Computing

    June 19, 2025

    Whale Accumulation Hits Six-Year High as Ethereum Eyes $4K Breakout

    June 19, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.