Oku Trade Drops Sonic Network Support
Oku Trade Drops Sonic Network Support
🔌 Oku Unplugs Another Chain
Oku Trade has discontinued support for the Sonic network. Traders with existing positions on Sonic can still safely close them through a dedicated link at oku.trade/close-position.
This follows Oku's recent removal of support for Scroll, Taiko, and zkSync networks in January. The platform continues to operate across 30+ EVM chains with zero frontend fees and optimized execution.
Update for Oku traders: We’ve removed support for Sonic. Any existing positions can still be safely closed using the link below: oku.trade/close-position
🌉 Bridge Breakthrough: Base to Monad for Under $0.10
Oku has launched an ultra-low-cost bridging solution between Base and Monad networks, with transaction fees under $0.10. The service is powered by LiFi Protocol, offering users an affordable way to move assets between these two blockchain networks. **Key Features:** - Bridge cost: Less than $0.10 per transaction - Networks: Base ↔ Monad - Technology: Powered by [LiFi Protocol](https://lifi.tech) - Platform: Available exclusively on [Oku Trade](http://oku.trade) This development significantly reduces the barrier to entry for users looking to access Monad's ecosystem from Base.
Polygon and Hyperliquid Buck Trend as Major Chains See TVL Decline
**Market Divergence in DeFi** Among the top 10 blockchains by Total Value Locked (TVL), only two showed growth over the past month: - **Polygon**: +5.35% - **Hyperliquid**: +4.27% Meanwhile, major chains experienced significant declines: - Ethereum: -26% - Solana: -27% - BSC: -19% This divergence highlights shifting capital flows in the DeFi ecosystem, with Polygon potentially benefiting from its recent upgrade to native USDT, which connected it to over $3 billion in existing stablecoin liquidity.
$RNBW Token Now Trading on Oku Platform
**$RNBW token has launched for trading on Oku**, a DeFi trading platform that aggregates prices across 14+ decentralized exchanges and DEX aggregators, including Icecream Swap. **Key details:** - Trading is now live across major exchanges - Users who earned points can claim airdrops through the Rewards tab in the Rainbow app - Oku provides price comparison across multiple DEXs for optimal trading The token launch appears to be part of a broader distribution strategy that includes both airdrop rewards and immediate trading availability.
Uranium.io Enables Physical Uranium as DeFi Collateral
**Uranium.io** has launched the first tokenized physical uranium that can be used as collateral for DeFi loans. **How it works:** - Users deposit tokenized uranium - Borrow USDC against their uranium holdings - Built on Etherlink and Morpho Labs infrastructure - Currently live on Oku Trade platform This marks a notable development in bringing real-world commodities into decentralized finance, allowing uranium holders to access liquidity without selling their physical assets. The integration with established DeFi protocols provides the technical foundation for this commodity-backed lending mechanism.