Sonic SVM Announces Token Airdrop Ahead of TGE in Q1 2025

Sonic SVM, the first Solana Layer-2 (L2) solution, is making waves with a groundbreaking token airdrop for users who delegate their SOL or Liquid Staking Tokens (LSTs) to Sonic's Actively Validated Service (AVS) via Solayer.

Sonic SVM, the first Solana Layer-2 (L2) solution, has announced a groundbreaking token airdrop for users who delegate their SOL or Liquid Staking Tokens (LSTs) to Sonic’s Actively Validated Service (AVS) via Solayer.

This airdrop, set to happen ahead of Sonic’s Token Generation Event (TGE) in Q1 2025, marks a unique opportunity for Solayer users to share in Sonic’s success as the platform grows.

Sonic will distribute a portion of its upcoming token supply to active participants, including those who use Solayer and protocols built on it, like Adrastea—a restaking protocol that also supports Sonic AVS.

A snapshot will be taken of all eligible delegations before the TGE, ensuring that those who have supported Sonic’s AVS from the start are rewarded.

As the largest delegated AVS on the Solayer platform, Sonic currently holds an impressive $80 million in SOL from over 81,000 users. This airdrop comes at a pivotal moment in the Solana restaking ecosystem, which has seen rapid growth, especially with over $360 million in Total Value Locked (TVL) on Solayer.

Sonic’s partnership with Solayer also gives delegators access to added liquidity through the Liquid Restaking Token, enabling them to participate in DeFi platforms like Banx, Orca, and Meteora. This added flexibility helps restakers maximize their returns while supporting Sonic’s AVS.

Sonic CEO Chris Zhu said: “The airdrop confirmation signals our commitment to empowering those who have played a pivotal role in the growth of Sonic’s AVS.”

He added, “By rewarding Solayer delegators and Adrastea participants, we’re not only incentivizing broader participation but also ensuring that the users who have believed in Sonic’s vision from the start benefit directly from our growth.”