Following the token launch yesterday, Binance Futures introduced SONICUSDT contracts at 07:00 (UTC).
Important CEXs and DEXs went online with SONIC on January 7th.
After offering the token on January 7 on a variety of centralized and decentralized cryptocurrency exchanges, Sonic SVM (SONIC) has been listed for futures trading on Binance, as revealed earlier today.
Information about listing SONIC on Binance Futures
According to the notice issued by the exchange, the SONICUSDT futures contract with up to 75x leverage was offered by Binance Futures today at 07:00 (UTC).
In an effort to provide more trading options and an overall better experience for its customers, Binance continues to add futures to its platform.
The first Solana chain extension designed for use in games and applications is Sonic SVM. Additionally, it is the industry’s first TikTok layer. Several major cryptocurrency exchanges launched SONIC yesterday.
On January 7, the Sonic SVM team announced via X that they have launched their SONIC token on major CEXs and DEXs.
Official statistics show that 360,000,000 SONIC tokens were in circulation immediately after yesterday’s premiere, and the cryptocurrency’s self-reported market cap was over $356,000,000.
SONIC's current market cap is over $360 million, and the stock price is up over 40% today.
What is Sonic SVM (SONIC)?
The native token for Sonic and the SVM ecosystem is SONIC.
In addition to its other uses, the symbol has the following:
In Sonic SVM, SONIC will be the currency used to purchase virtual goods.
SONIC will power the network and earn rewards at the same time.
The value of the token will affect the choices SONIC and VeSONIC make.
HSSN, or HyperGrid Shared State Network, will be enhanced by SONIC.
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