SwapX DOCS
  • Welcome to SwapX
    • Overview
    • Why Sonic?
      • Sonic Points
      • Sonic Boom
      • Fee Monetization
  • Protocol Design & Features
    • Algebra Integral V4
      • Core Mechanism
      • Plugins
      • YieldSync Plugin
        • Mechanism Design
        • Security
      • Concentrated Liquidity
      • Pools
      • Odos & Orbs
    • Automated Liquidity Management
    • Enhanced User Experience
    • Security
    • Referral System
      • Rewards Allocation & Distribution
      • Power Percentage System
  • Tokenomics
    • Tokens
    • Voting System
    • Emission Schedule
      • Allocations & Vesting Schedules
      • Protocol Allocations
      • User Airdrop
      • xNFT
      • Team Allocation
      • Treasury
      • CEX Listing & Launchpad
    • Protocol Revenue
    • Contracts
  • Official Links
  • Media Kit
  • Legal Disclaimer
  • Apply for a Partnership
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  1. Welcome to SwapX

Why Sonic?

This page explains why SwapX has decided to build on Sonic and which benefits Sonic brings.

PreviousOverviewNextSonic Points

Last updated 2 months ago

Sonic is an EVM Layer 1 blockchain platform that offers a unique fee mechanism in the form of incentives for developers, as well as modern infrastructure.

Sonic provides outstanding performance, allowing developers to expand their apps endlessly while guaranteeing seamless experiences for users.

  • EVM Compatible: Allows for seamless integration and deployment of Ethereum smart contracts, leveraging existing tools and developer knowledge.

  • Sub-Second Finality: Offers near-instant transaction confirmations.

  • 10,000 TPS: Enables high scalability, supporting mass adoption by handling a massive transaction volume efficiently.

  • Solidity/Vyper Support: Facilitates smart contract development with Solidity and Vyper.

Sonic Ecosystem keeps growing, with over 100 applications already.

We have decided to build on Sonic for several reasons. First of all, it's a very fast blockchain with low fees, which will be beneficial for users coming to Sonic and doing swaps via SwapX. Moreover, EVM compatibility allows us to use existing tools and our gained experience in the EVM field to build the application on a much faster blockchain than Ethereum itself.

We are particularly excited about the completely new mechanism that Sonic has — Fee Monetization.

If you want to learn more about how Sonic works and what Sonic's core components are, we recommend reading their documentation.

Sonic Ecosystem Map
LogoIntroduction | Sonic Documentation | EVM Layer-1 Blockchain