Darwin Delrosario
How-to
3 Min read
Sonic network (DeFi) profits can be used for purchasing gift cards, mobile top ups, eSIMS and direct flight and hotel bookings. Cryptorefills allows to use your crypto directly from popular wallets like Metamask or Rabby without the need of an exchange.
Sonic is a quick and improved blockchain that used to be called Fantom (FTM). It’s a Layer-1 blockchain that works with Ethereum (EVM). It can handle over 10,000 transactions per second and confirms them almost instantly. You can build smart contracts on it using easy languages like Solidity and Vyper. Sonic is made to be fast, grow big, and work well for crypto payments and apps.
USDC.e is the bridged version of USDC on the Sonic network, facilitated through the Sonic Gateway, which connects to Ethereum for asset transfers. This stablecoin, pegged 1:1 to the US dollar, is designed for seamless integration, with developers and users benefiting from a single contract address that persists through potential upgrades to native USDC, reducing fragmentation, as noted in Sonic integrates Circle’s bridged USDC.
Wallets like MetaMask and Rabby are compatible with the Sonic network due to its EVM compatibility. This means you can manage your USDC.e stablecoin and other assets directly from these wallets, facilitating seamless interactions with services like Cryptorefills for cashing out or purchasing items.
Sonic is backed by compelling data. As of February 2025, Sonic's Total Value Locked (TVL) has reached an impressive $669.9 million, reflecting a 31.11% increase. This growth is a testament to the trust and confidence users place in the Sonic ecosystem.
Key protocols contributing to this TVL include:
These figures not only highlight the robustness of the Sonic network but also its diverse and thriving decentralized finance (DeFi) ecosystem.