0xEnefty retweeted
Sonic's Vertical Integration is outperforming expectations right out of the gate.
In the first 10 weeks, early VI revenue produced ~400% more deflationary impact than fee-related burns over the same window.
This is only from $USSD and @MetropolisDEX vault activity.
The full VI model has barely started.
0xEnefty retweeted
Sonic’s next phase is here.
Stronger fundamentals. Clear communication. Shared growth.
@MitchellDemeter shares what’s ahead for the Sonic ecosystem in his first CEO update.
0xEnefty retweeted
We have released the official Flying Tulip documentation: built to help users, traders, and investors understand our architecture, products, and vision in detail.
Explore the docs: docs.flyingtulip.com/
0xEnefty retweeted
Flying Tulip, raising $200M, DeFi composability, permissionless derivatives, perps, yield, lending, AMMs, CLOBs, buy backs and more!
Watch today's FULL interview segment with Andre Cronje, Founder of Flying Tulip.
I guess @MitchellDemeter's first move as CEO at @SonicLabs will be to buy at least $100m of @flyingtulip_
0xEnefty retweeted
EXCLUSIVE: Andre Cronje's Flying Tulip raises $200 million at $1 billion token valuation theblock.co/post/372787/andr…
0xEnefty retweeted
Excited to step into the role of CEO @SonicLabs.
With best-in-class tech, a strong treasury, and a solid foundation, our focus now is assembling a global executive team to drive adoption, strengthen institutional partnerships, and continue to scale Sonic globally.
We’re pleased to announce @MitchellDemeter as the new Chief Executive Officer of Sonic Labs.
Demeter, a pioneer in digital assets and entrepreneurship, will lead Sonic in its next phase of global growth:
– Expanding ecosystem adoption
– Strengthening institutional ties
– Driving growth in U.S. & global markets
🔗 blog.soniclabs.com/mitchell-…
0xEnefty retweeted
sonic labs processes 400k+ tps with $0.001 fees and gives developers 90% of protocol revenue. 138m transactions, zero ever stuck or pending. avalanche does 4.5k tps at $9b valuation. cardano does 250 tps at $11b. sonic sits at $885m processing more transactions than both combined.
0xEnefty retweeted
Looking for a fast and scalable blockchain solution? @SonicLabs offers high throughput and low latency to power decentralized applications smoothly.
Discover how Sonic is shaping the future of blockchain here 👇
academy.binance.com/en/artic…
>be 200 iq
>establish a us entity
>create groundbreaking product
>raise capital
>make investment basically risk-free with a perpetual put
>invest lots of dollars in the product through the us entity
>tie product values together
>use one product to market-buy the other
flywheel
0xEnefty retweeted
SonicStrategy Secures $40 Million USD ($55M CAD) Investment From @SonicLabs $S
"We view SonicStrategy as the natural bridge between the Sonic Network and traditional finance," said @michaelfkong, CEO of Sonic Labs.
🇺🇸 $DBKSF 🇨🇦 $SPTZ
sonicstrategy.io/news/sonics…
Worth the unfollows
A frequent, and fair, criticism of my work is; "he abandons everything he builds", so why should @flyingtulip_ be different? In 2020-2021 I was obsessed with decentralization and immutability, the only true roadmap for that was Satoshi. The only way to let a protocol truly decentralize is for the founder to not be the visionary and to walk away. I achieved this by putting myself in a position I could walk away. No token allocation for myself. No money raised for the project. No built in fees or benefit for myself. No licenses, all given away for free.
With FT, I am raising, I have founder and team tokens, they are vested behind buybacks. I am not optimizing for decentralization, I am optimizing for building a killer product.
So many new unique crypto projects, all under one umbrella. What I previously built was entirely without personal incentives, imagine what I can do incentivized.
Thank you for coming to my Ted talk.
0xEnefty retweeted
Everything you need to know about Flying Tulip (@flyingtulip_) and why it will kick start Sonic (@SonicLabs) season:
Flying Tulip overview
• A fully on-chain decentralised exchange (DEX) developed by Andre Cronje (the god damn god father of DeFi).
• Delivers centralised-exchange speed and user experience in a trustless, non-custodial manner.
• Unifies spot, perpetuals, lending and borrowing, options, and yield products in a single platform.
Launch and timeline
• March 2025 → project first hinted at.
• August 2025 → website launched and fundraising commenced.
• Q4 launch?!
Roadmap:
• Year 1–2 → Gen Z–oriented mobile app with simplified trading.
• Years 2–4 → direct competition with Binance and Coinbase.
• 5+ years → evolution into a crypto-first bank with fiat access.
Core features
• Spot and perpetual trading with high leverage available.
• Lending, borrowing, and structured yield instruments.
• Seamless onboarding: deposits accepted from any chain without gas costs.
• Operates under a US-regulated entity to support institutional adoption.
Stablecoin (ftUSD)
• Native, yield-backed stablecoin.
• Supports liquidity incentives and efficient market pricing.
• Functions as the unit of account across Flying Tulip markets.
Risk and management
• Borrowing limits adapt to prevailing market conditions.
• Mechanisms designed to reduce defaults and safeguard liquidity providers.
• Derivatives engineered to be more resilient than previous on-chain attempts.
Options trading
• Employs volatility data for accurate, real-time pricing.
• Seeks to match or outperform centralised exchanges in fairness and efficiency.
Fees and revenue
• Competitive maker–taker fee structure.
• Revenue generated from trading, stablecoin yields, and lending.
• Fees allocated to ecosystem growth, insurance, and buybacks.
Compliance and security
• Non-custodial architecture ensures users retain full control of assets.
• Embedded compliance tools such as OFAC screening and tax reporting.
• Appeals to both institutional investors and DeFi-native participants.
Fundraising
• Began in August 2025, with a multi-billion institutional raise as the first phase.
• Community ICO scheduled to follow institutional fundraising.
• Capital deployed into yield strategies, with growth funded by returns.
Potential impact
• Has the potential to increase Sonic’s revenue and adoption by a factor of ten.
• Positions Flying Tulip to rival to Binance and Coinbase.
• Viewed as the culmination of Cronje’s DeFi career so this shit is going to spark for a new wave of DeFi adoption.
Risks and challenges
• Success dependent on security, adoption, and regulatory clearance, this is ez with better consumer protection laws!
• Inherent DeFi risks remain: smart contract vulnerabilities and market volatility.
Anyway, Flying Tulip = Sonic Season!