What is Sonne Finance (SONNE)

Sonne Finance is an innovative lending protocol that operates natively on the Optimism network. It provides easy access to financial services for individuals, institutions, and protocols. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (SONNE/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Sonne Finance (SONNE)
What is Sonne Finance (SONNE)

How Does Sonne Finance Work?

Sonne Finance is a decentralized lending and borrowing protocol that is compatible with the Ethereum Virtual Machine (EVM) and launched on Optimism. The platform enables peer-to-peer lending solutions that are completely decentralized, transparent, and non-custodial. Sonne Finance operates similarly to other established lending platforms such as Compound Finance and AAVE. Users can lend supported assets and borrow supported assets using their capital.

During its initial launch, Sonne Finance will provide high-liquidity money markets that offer dynamically adjusted incentives for the following assets: wETH, USDC, USDT, DAI, OP, and sUSD. They aim to become the primary lending platform on Optimism by offering the most competitive incentives for money markets. They are also providing the deepest liquidity native to Optimism.

Is Sonne Finance Safe to Use?

Sonne Finance is a trustable lending platform for users. It launched on the Optimism blockchain in September 2022, and its goal is to become the top liquidity market on Optimism. The protocol generates revenue by adjusting reserve factors for different liquidity pools when users borrow from the liquidity markets. Additionally, Sonne Finance received a $600k grant from Optimism, which will be allocated to lending, borrowing, and staking rewards within the protocol.

Where to buy SONNE Token

You can find SONNE Token here at MEXC! We are listing SONNE/USDT in our Innovation Zone!

What is the Price of SONNE Tokens?

The price of the SONNE token is $0.2956 per unit. It has a market cap of $10,641,411 and a fully diluted market cap of $29,555,116. It also has a 24-hour trading volume of $1,789,975. You can check the live price of their token right here!

How to buy SONNE Tokens

You can buy SONNE Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SONNE” using the search bar to see the available trading pairs. Take SONNE/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SONNE you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SONNE] to confirm your order. You will find the purchased SONNE in your Spot Wallet.

You can find a detailed guide on how to buy SONNE Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok
Wilbur strives in two ecosystem – Sports and Blockchain. Hit him up now to talk about all things crypto related!