Sonic’s $1B TVL Marks the Rise of a New DeFi Giant

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-12 01:34:02

In 66 days, Sonic surpassed Sui and Aptos to reach $1B TVL. While the DeFi market downturn certainly affected Sonic as well, it retained high net capital inflows and an increasing number of developers. Its technical strength and strong developer incentives are driving its success. The cryptocurrency market has seen instability in 2025, with investor confidence declining and assets losing value rapidly. The DeFi sector has been particularly affected, with the industry’s total value locked (TVL) dropping from $120 billion to roughly $87 billion. However, Sonic stands out as an exception, having witnessed a 40-times increase since the start of the year in its TVL, reaching $1 billion for the first time ever.

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