Sonic Labs, previously known as the Fantom Foundation, announced via X on Monday that ZeroLend’s newest product, Lever, will launch on the Sonic blockchain. Lever is a memecoin lending platform enabling Sonic users to open leveraged long/short positions with borrowed assets.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 5% in the last 24 hours and is currently trading at $0.7383.