Sonic Labs Joins Chainlink SCALE Program to Accelerate Ecosystem Growth

Formerly known as Fantom Foundation, Sonic Labs has joined the Chainlink SCALE program, incorporating Chainlink Data Feeds and Chainlink CCIP into the Sonic network

Fantom blockchain, now known as Sonic, has joined Chainlink SCALE, incorporating Chainlink Data Feeds and Chainlink CCIP (Cross-Chain Interoperability Protocol) into the Sonic network, according to a press release shared by Chainlink.

The move aims to accelerate the growth of the Sonic ecosystem by providing developers with essential tools to create advanced on-chain applications.

“By empowering Sonic developers with increased access to Chainlink services, they’re able to build secure, scalable, and fully-featured on-chain apps,” said Johann Eid, Chief Business Officer at Chainlink Labs.

The integration of Chainlink Data Feeds and Chainlink CCIP will help Sonic developers to access high-quality, low-cost oracle services and build innovative, secure dApps without the burden of upfront costs. Costs for these services will initially be covered by Sonic, transitioning to user fees as the ecosystem matures.

Michael Kong, CEO at Sonic Labs, said the integration aims to meet the demand within their developer community for reliable Chainlink services, which are now integral to developing high-quality DeFi applications and ensuring robust blockchain interoperability.

“Chainlink Data Feeds will enable the development of high-quality DeFi applications, while CCIP will provide secure and reliable blockchain interoperability for the Sonic ecosystem. Developers asked for Chainlink, and we have it.”

Chainlink Data Feeds have established a proven track record of reliability. The product is widely used by leading DeFi protocols, such as Starknet, Base, Aave, Synthetix, and Compound.

According to Chainlink, these feeds are crucial for maintaining security and availability in leading DeFi protocols, which handle substantial smart contract values. They benefit from multiple data sources, ensuring accurate, manipulation-resistant market prices.

Meanwhile, Chainlink’s CCIP is recognized for its top-tier security and reliability. Its integration could help enhance Sonic’s interoperability capabilities, Chainlink noted.