Partnership with $fSONIC Brings New Utility to Meme Coins on Lynx Perpetuals

Lynx is happy to announce its collaboration with the meme coin project Fantom Sonic on Fantom, and the listing of their $fSONIC as a collateral asset on Lynx.

• New Token Listing: $fSONIC
• Partner Protocol: Fantom Sonic
• Supported Chain: Fantom Opera

Already with 2261 unique holders, $fSONIC is one of the most popular meme coins of Fantom, and that number keeps increasing every day.

Details of the Integration

Listing $fSONIC as a collateral asset on Lynx brings new utility to the token. Users who hold $fSONIC can now trade perps using their $fSONIC as collateral, offering them exposure to various alternative assets without needing to sell any of their token holdings.

This listing marks the first case of a meme coin being used as collateral for perpetuals trading, and paves the way for other meme coin projects to list their tokens as well. Through Lynx’s unique coin-margined perpetuals model, any token — regardless of how volatile — can be used as collateral without the token price affecting the health of a trader’s position.

Holders of $fSONIC can now open long/short positions with up to 100x leverage on BTC/USD, ETH/USD, and other tradeable instruments on Fantom, or provide liquidity to the $fSONIC liquidity pool to absorb the fees and performance of traders. Stay tuned as new tradeable instruments are always being added!

List Your Token Today

Do you have a token that you want to see on Lynx? Join the Lynx ecosystem and get your token listed as a collateral asset — it’s quick, free, and requires no work. Reach out to learn more about the listing process today!

About Fantom Sonic

Fantom Sonic is a meme coin based project that is designed to empower the Fantom ecosystem by boosting the NFT, GameFi, and DeFi sectors.

• Twitter: https://twitter.com/fantomsonicinu
• Telegram: https://t.me/fsonic_fantom
• Linktr: https://linktr.ee/FantomSonic

About Lynx

Lynx is an advanced decentralized perpetuals exchange offering high-leverage trading on crypto, forex, and commodities using any ERC-20 token as collateral. Through Lynx, token holders can utilize their favorite tokens — from governance tokens and LSTs to yield-bearing assets and stablecoins — to gain exposure to other assets without ever selling their holdings.

Lynx introduces gasless trading to a growing number of chains. Using omnichain liquidity pools, Lynx can easily extend support to additional chains while offering immediate access to deep trading liquidity. By applying its liquidity to all chains, Lynx maximizes trading volumes and fees per dollar of liquidity deposited.

• Official Website: https://www.lynx.finance/
• Twitter: https://twitter.com/Lynx_Protocol
• Discord: https://discord.gg/DTcw3rT28J
• Medium: https://medium.com/lynx-finance