A decentralized finance platform on the atherium blockchain, Yular Finance, is now live on the sonic, which was previously known as Phantom.
Sonic labs Announced Integration on 17 February, stating that the launch Sonic will further increase the DEFI development within the ecosystem. The expansion of Euller Labs aims to bring advanced lending capabilities to the Sonic Blockchain network.
The DEFI protocol frux finance comes a few days after it is live on the sonic, which provides new opportunities for users. The price of Sonic has increased between these developments, with more than 38% profit in the last seven days at the time of writing, it has reached a height of $ 0.60.
The integration of euller with the sonic will offer features such as looping strategies, near-zero gas charges and high speed execution. By going live on the sonic, users can lend on the stage, borrow, and liquid-stake tokens can have major assets on stage including STS, wrapped sonic WS, and USDC.E, a bridge USDC token.
After borrowing from a harmful exploitation of $ 197 million with the launch of its Euler V2, the borrowed protocol is among the top beneficiaries by the total value closed in recent months.
In the market, eular contestants include AAV, Morfo, Compound, and Avalon Finance. Despite this, TVL of Defee Protocol On November 5, 2025, it has increased to more than $ 356 million from a climb of $ 16 million.
The platform of vault lending capabilities with V2, a major driver of this development, is introduced in November 2024, representing Eul’s locked version with 1: 1 token.
According to Euler Labs, users can earn from $ 100,000 in Reul incentive, as a market curator with MeV Capital and R7.