Sonic Labs opens 200M S token airdrop to users and developers, including U.S. residents for the first time.
GSR joins Sonic Labs as market maker to boost DeFi liquidity and cross-chain access.

Sonic Labs has stolen the spotlight again. Through their latest announcement, as many as 200 million S tokens are ready to be distributed to active users and developers. What’s the difference with other big airdrops? This time, US citizens can also take part—something that is usually a no-go zone in the world of free tokens.

You’re in.

U.S. residents are now eligible for the ~200M $S airdrop!

A milestone moment as our airdrop becomes one of the first to reach the U.S. legally and expands access to $S. pic.twitter.com/f7Od17I5JD

— Sonic Labs (@SonicLabs) June 3, 2025

No Free Ride: Only Active DeFi Users Qualify for Sonic’s Airdrop

The system is quite clear. They use a point scheme that is divided into three: Sonic Points for regular users, Sonic Gems for DeFi protocols, and Game Gems for game developers. But don’t expect to be able to participate if you only store assets on a centralized exchange.

The requirement is, you must use a non-custodial wallet and interact directly with the DeFi application on the Sonic network.

If you are eligible, you can claim it starting in December 2025. Some—25% to be exact—you can take it immediately, the rest will be distributed slowly over 270 days. Not only that, the S tokens you get can also be staked with an annual return of 4.61%. If you happen to like passive but still profitable, you can consider it.

Sonic Labs Pushes DeFi Expansion With Galaxy, GSR, and Legal Moves

On the other hand, Sonic Labs is indeed going all out in expanding their foothold. CNF previously reported that GSR is now officially a market maker for the S token. GSR is known to have deep liquidity and direct experience in the DeFi world. This collaboration is not just branding. The goal is to strengthen the ecosystem and increase cross-chain reach through the integration of native tools and wallets.

Furthermore, Sonic Labs has also just closed a strategic sale worth $10 million to Galaxy—a US-based digital asset company. This fresh money is not only to look stylish, but to strengthen Sonic Labs’ position in the American market while building their DeFi ecosystem even stronger. It can be said that if this is a startup, they are ready to enter the scale-up stage.

Still in the same month, on May 26, Sonic also announced a collaboration with Chainwire, a PR distribution platform that is already familiar to blockchain players. Through this collaboration, developers who build on the Sonic network can more easily and cheaply spread their news to a global audience. Very suitable for new projects that usually have difficulty finding exposure.

However, there is another story that is no less important. On May 15, the Singapore High Court granted Sonic’s request to liquidate the Multichain Foundation. This request was filed after a major hack in 2023 that leaked funds everywhere. KPMG was appointed as liquidator to oversee the bankruptcy process.

The hack had previously shaken several major networks, such as Ethereum, Fantom, BNB, and Polygon. It can be said that this is a fairly long legal step, but it is necessary for the security and trust of users.

Meanwhile, as of press time, S is swapped hands at about $0.3903, down 3.53% over the last 24 hours and 12.37% over the last 7 days.

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Filed under: Bitcoin - @ June 5, 2025 9:00 am