About Portfolio
Sonic (S) is the native token of Sonic Labs, a high-performance EVM-compatible Layer 1 blockchain designed for ultra-low latency, high throughput, and developer incentives. It evolved from Fantom with a full rebrand and infrastructure upgrade focused on speed and adoption.
Governance & Token Utility
The S token is used to pay for transaction fees, stake to secure the network, run validator nodes, and participate in governance decisions. It supports fee monetization, allowing developers to earn rewards based on app usage.
Key Milestones & Ecosystem Growth
Mainnet launched in 2025 after migrating from Fantom, enabling a 1:1 upgrade from FTM
Campaigns like airdrops, innovator funds, and fee monetization have supported ecosystem expansion
Built native bridge to Ethereum (“Sonic Gateway”) with fail-safe security mechanisms
Ecosystem includes DeFi, NFTs, gaming, and Exolix exchange leveraging the network
Network Architecture
Capable of 400,000 TPS with sub-second finality
Full EVM compatibility via SonicVM and SonicDB to optimize execution and storage
Fee Monetization system enables developers to retain up to 90% of network fees
Built-in bridge infrastructure ensures secure and efficient cross-chain asset flow
Disclosure Statement
The investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments made by Tecra Venture Capital. There can be no assurance that any investment will be profitable, or that other investments made in the future will have similar characteristics or outcomes.
This list reflects both current and historical investments and excludes holdings that have not been publicly disclosed by Tecra, including positions in publicly traded digital assets — whether acquired during early fundraising rounds or later on secondary markets after public listing.
It also does not include portfolio companies that (i) have ceased operations without a liquidity event or exit, and (ii) whose equity has been written down to zero without the receipt of any compensating asset. The list is updated periodically and may not reflect Tecra’s most recent investment activity.
Past performance of Tecra Venture Capital’s investments, investment vehicles, or strategies is not necessarily indicative of future results.