Sonic

Sonic SVM is the first atomic Layer 2 chain built on Solana, developed by Mirror World Inc. to bring high-performance, low-cost infrastructure to blockchain gaming and decentralized applications. Built on a proprietary scaling architecture called HyperGrid, Sonic SVM lets developers deploy games and decentralized apps at a fraction of the cost of standard Solana transactions while inheriting the full security and composability of the Solana base layer. Think of it as a dedicated highway lane on top of Solana’s main road, moving traffic faster and cheaper without leaving the network.

HyperGrid makes Sonic SVM technically distinct. It is Solana’s first concurrent scaling framework, enabling parallel processing of transactions across multiple game environments and decentralized apps. Instead of routing everything through a single sequential queue, HyperGrid distributes workloads horizontally across independent “Grid” instances. Sonic SVM is the first live Grid instance on this framework. Each instance handles its own transaction execution and state management while periodically settling finality back to Solana’s Layer 1. This setup can reduce transaction costs by up to 100 times compared to standard Solana operations.

Beyond raw throughput, Sonic SVM solves a problem for game developers who want Solana’s performance but need custom environments for their titles. Through its RUSH Entity Component System framework, developers can build fully on-chain game logic using familiar tools. Sonic also supports EVM-to-SVM compatibility, allowing Ethereum developers to write programs in Solidity and deploy them on Solana through HyperGrid’s interpreter. This cross-chain flexibility removes a major barrier to entry for Web3 game studios.

The platform’s primary use case is blockchain gaming. Titles including Rage Effect, Fomoney, BR1: INFINITE, Zeebit, DeFi Land, and Delysium have all built within the Sonic SVM ecosystem. Each game runs its own sovereign economy, allowing players to own in-game assets, trade with other players, and participate in token-incentivized gameplay. Sonic has signed contracts with over 10 game studios and completed partnerships and integrations with over 20 ecosystem partners, including Backpack, OKX Wallet, Metaplex, Pyth, and Solayer.

A key growth channel has been SonicX, a TikTok-integrated app layer that onboarded Web2 users directly into the Sonic ecosystem without requiring external wallets or gas fees. The platform accumulated 550,000 KYC’d TikTok users, growing 200% month-over-month, and recorded over 3 billion on-chain transactions alongside $40 million in total value locked in liquidity pools. These numbers signal genuine adoption rather than speculative interest.

The Sonic SVM core team formed in 2023 and began technical development focused on the HyperGrid framework design. In March 2024, the project published its white paper. By June 2024, it launched its testnet and completed a $12 million Series A funding round led by Bitkraft Ventures, with participation from Galaxy Interactive, Big Brain Holdings, and Morningstar Ventures. The testnet attracted more than 100,000 wallet addresses in its first week. That Series A brought Sonic’s total capital raised to $16 million, following a $4 million seed round in 2022.

Sonic’s team is led by CEO Chris Zhu, who previously worked at ByteDance, the company behind TikTok, and at a Silicon Valley generative AI startup. CTO Jonathan Bakebwa holds a degree from the Beijing Institute of Technology. The founding team emerged from rct AI, an earlier AI and gaming technology venture. Their combined background in consumer-scale tech and blockchain infrastructure shapes the product’s orientation toward mass-market adoption.

Sonic SVM also partnered with Injective to develop a cross-chain Smart Agent Hub, enabling automated and decentralized transactions across multiple blockchain networks. This cross-chain ambition extends the platform’s utility beyond gaming into broader DeFi and agent-based infrastructure.

The $SONIC token launched via a Token Generation Event on January 7, 2025, with 360 million tokens entering circulation immediately out of a capped total supply of 2.4 billion SONIC. Fifty-seven percent of the total supply is allocated to the Sonic SVM community, covering ecosystem and community development, initial claims, and HyperGrid incentive rewards. Another 20 percent is distributed equally between validator node operators and observation node operators who contribute to network security.

$SONIC is the economic backbone of the entire Sonic SVM platform. It serves as the primary currency for in-game asset purchases, player-to-player trading, and service payments across the ecosystem. Token holders can stake $SONIC to support network validation and earn rewards, with nearly 21.1 million SONIC staked at a maximum APR of 21.27% at the time of the TGE. Governance rights are also embedded in $SONIC, allowing holders to vote on protocol upgrades, allocation changes, and other key proposals. Developer grants and ecosystem incentives are funded from the community allocation, creating a direct link between token utility and platform growth.

$SONIC tokens are available on centralized cryptocurrency exchanges including OKX, Bybit, Bitget, and KuCoin. However, if you want to transact in large token amounts, acquire locked tokens, or purchase SAFT notes, Acquire.Fi’s OTC and Secondaries Marketplace is the right venue for that.

If you want to buy Sonic SVM tokens OTC, you have two options on Acquire.Fi. You can browse existing listings and engage directly with sellers at their stated terms, or you can submit a new Buy listing specifying your preferred valuation and token amount. Both routes put you in control of the terms you’re willing to accept.

If you want to sell Sonic SVM tokens OTC and exit a position without going through a public exchange, you can engage with active buyer listings on the platform or submit a new Sell listing with your price and quantity preferences. Either way, you set the parameters.

Once a listing is submitted, Acquire.Fi handles the process from there. The team conducts background checks on counterparties, issues NDAs, and then introduces buyers and sellers to each other. Buyer and seller are each responsible for their own due diligence and payment settlement. Acquire.Fi is not a broker-dealer, but the team actively assists throughout the process to help get deals across the finish line.