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Sonic Labs Partners With Gelato to Launch Limit Orders on Sonic

Twitter icon  •  Published 2 weeks ago  •  Hassan Maishera

Sonic Labs, previously known as the Fantom Foundation, announced via X on Wednesday that it has partnered with Gelato, a roll-up-as-a-service platform.

Sonic Labs, previously known as the Fantom Foundation, announced via X on Wednesday that it has partnered with Gelato, a roll-up-as-a-service platform. Gelato will be available on Sonic at launch, bringing a suite of Web3 services to Sonic, matching the lightning-fast speed with supersonic UX.

Gelato Functions lets developers automate smart contract tasks, react to off/on-chain events, and access off-chain data/APIs, offering users features like DeFi limit orders. Gelato Relay lets developers create gasless apps and allows users to cover gas fees with any ERC-20 token, enabling protocols to deliver Web2-like user experiences. 

Furthermore, Gelato VRF provides fast, verifiable on-chain randomness for fair reward distribution, such as fair sweepstakes and on-chain casinos.

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 2% in the last 24 hours and is currently trading at $0.4260.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.