Sonic SVM Announces New Tokenomics with a Strategic Buy-and-Lock System

Sonic SVM, the first SVM chain extension on Solana, today announced a significant enhancement to its tokenomics with an innovative SONIC token

Sonic SVM, the first SVM chain extension on Solana, is making a significant change to its tokenomics with an innovative SONIC token value accrual mechanism. The new design, which will be implemented in the coming weeks, replaces the previous burning model with a strategic buy-and-lock system designed to create long-term value for token holders while strengthening alignment with the broader Solana ecosystem.

The new mechanism will see 50% of all transaction fees used to purchase $SONIC tokens from the open market. These purchased tokens will then be locked in a dedicated vault with a 24-month linear vesting schedule, which will serve to put buy pressure on the token and reduce circulating supply. Transaction fees are generated by a 0.1% fee on all $SONIC transactions.

“This redesigned mechanism represents a fundamental shift in how we think about long-term token value,” said Chris Zhu, CEO at Sonic SVM. “Rather than simply burning tokens, we’re implementing a strategic approach that creates strategic demand while building protocol-owned liquidity. This supports our growing ecosystem of games and applications while rewarding our community of token holders.”

The updated mechanism also introduces a novel approach to $SONIC fees, which represent 12.5% of total transaction fees:

This structure will create deeper $SONIC liquidity over time while aligning the token’s growth with Solana’s network health, benefiting both $SONIC and SOL holders.

“As we continue scaling our infrastructure to support millions of users across our gaming and social platforms, this value accrual mechanism ensures our token economy grows in tandem with network usage,” added Alan Zhu, co-founder and CPO of Sonic. “The more the network is used, the stronger the buy pressure and deeper the liquidity becomes.”

The new mechanism will be implemented in the coming weeks and full documentation will be available on the Sonic SVM website.

About Sonic SVM

Sonic SVM is the first chain extension SVM to launch on Solana, developing a groundbreaking blockchain protocol that serves as a programmable attention settlement layer. Built on the HSSN network, it offers:

• Consensus-level validation of attention-related transactions.

• Modular and composable primitives that eliminate the need for each project to build bespoke attention infrastructure.

• Granular on-chain access to user activity across dApps.

The Sonic ecosystem includes a suite of dApps and games powered by the SVM chain, introducing a new paradigm for social and gaming experiences within the Sonic ecosystem. Users can seamlessly integrate with dApps like Fractal, stepN, and other popular Solana dApps.