Good product design can scale on Sonic without external incentives.
@FlyingTulip_ is already showing it: over $4.7M in Sonic TVL with no subsidies, no points program, and no rented liquidity.
Useful products attract capital because users have a reason to stay.
Flying Tulip Weekly Update
Margin Lending expanded to Ethereum with over $1.69M already supplied, out of $4.86M total.
Sonic Lend caps increased: USDC $1M → $10M and wS 30M → 100M.
USSD, Sonic’s native stablecoin, is now available on Flying Tulip: use it as collateral in Margin Lending or mint ftUSD on Sonic and earn 3.93% APY.
More stats in reply👇
As we can see on @DefiLlama, sonic-3:native is dominating the 7d TVL change across all chains above $10m TVL.
Would be even higher once @flyingtulip_ finally gets included.
As we can see on @DefiLlama, sonic-3:native is dominating the 7d TVL change across all chains above $10m TVL.
Would be even higher once @flyingtulip_ finally gets included.