Meme Coin Platform Pump.fun Under Fire for Hosting Alleged Impersonation
Arkham Intelligence Partners with Sonic Labs to Boost DeFi Transparency and Security
(Originally posted on : Crypto News – iGaming.org )
Arkham Intelligence has teamed up with Sonic Labs, bringing its powerful analytics tools to Sonic users. This collaboration enables access to Arkham’s entity and address tracking, real-time alerts, dashboards, and visualization tools. Together, the two companies aim to enhance the security and transparency of users engaging with Sonic’s decentralized finance (DeFi) protocols.
Sonic’s Rapid Growth and DeFi Integration
Sonic, a blockchain built on the Ethereum Virtual Machine, has experienced impressive growth since its launch on December 18, 2024. In just a month, its Total Value Locked (TVL) in DeFi surpassed $250 million, with over $200 million added in recent weeks.
The platform hosts a range of DeFi services, including lending protocols like Silo and Avalon, decentralized exchanges (DEXs) such as Beets and WAGMI, and yield aggregators like Beefy Finance. With this surge in activity, Sonic is becoming a hub for users seeking to explore decentralized finance.
This new partnership follows Arkham Intelligence’s collaboration with Sui Network in December 2024. That integration allowed Arkham’s analytics tools to enhance Sui’s blockchain data, with the Walrus Protocol providing decentralized data storage through Mysten Labs.
By joining forces with Sonic Labs, Arkham continues to extend its reach, contributing to the growth and security of decentralized finance.
New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins