The Good Tech Companies - Fly.trade is Launching $FLY on Sonic
Episode Date: June 4, 2025This story was originally published on HackerNoon at: https://hackernoon.com/flytrade-is-launching-$fly-on-sonic. Fly.trade ($FLY), the next-gen DeFi aggregator, launche...s its Token Generation Event (TGE) on June 6 at 1pm UTC via Sonic, with listings on Binance Alpha and Kra Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #flytoken, #flytradetge, #defiaggregation, #tokenlaunch, #ve33tokenomics, #crosschainswaps, #sonicecosystem, #good-company, and more. This story was written by: @eakwire. Learn more about this writer by checking @eakwire's about page, and for more stories, please visit hackernoon.com. Fly.trade ($FLY) token generation event (TGE) officially launches on Sonic, with Binance Alpha and Kraken. $FLY is the native token, a next generation token model that aligns and incentivizes traders, stakers, and protocols alike.
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Fly. Trade is launching Dollar Fly on Sonic. By EAK Wire.
On the 6th of June at 1pm UTC, the Fly. Trade. Dollar Fly. Token Generation Event. TGE.
Officially launches on Sonic, with Binance Alpha and Kraken.
At the center of the Fly. Trade, previous.
Magpie Protocol, is the native token, Dollar Fly, a next-generation token model that aligns
and incentivizes traders, stakers, and protocols alike. From volume-based rewards to emissions,
bribes, reduced slippage, revenue share, and more, Dollar Fly unlocks opportunities to earn like never before.
Dollar Fly Tokenomics
They
3
3 Inspired Model Fly
Trades Tokenomics employ a They
3
3 Inspired Model tailored for an aggregator-first protocol with XFLY turning every trade into
an opportunity toorn.
Trader Incentives.
Direct subsidies reduce fees and slippage on high-demand trading pairs.
XFLY.
For active users who want to vote, earn bribes, and maximize rewards through staking and trading
dollar fly-in flypools.
FLY33.
Mint your XFLY for set-and-forget participation with auto-compounding rewards and no lockups.
Flywheel Effect. By staking and voting, traders earn more, the increased volume and fees then
raise incentives, creating a self-reinforcing cycle.
VAE 33 Governance. Lock dollar fly to receive XFLY,
granting governance power over protocol fees, emissions, and partnerships.
Revenue Sharing. Protocol fees are distributed to stakers, creating a flywheel for long-term holders.
AboutFly. TradeFly. Trade, previously MagPy protocol, is the leading liquidity aggregation
and trade execution protocol within the Sonic ecosystem. Designed to simplify cross-chain defy, FLY. Trade delivers seamless swaps,
optimized routing adoney click staking across 19 plus chains. FLY. Trade is positioning itself
as the GOAT execution layer for traders, protocols, and liquidity providers. Provably
better pricing. FLY. Trade's aggregation algorithm consistently delivers better swap
rates majority of the times than all major aggregators in the market, minimizing slippage and transaction costs across thousands of quotes.
Industry leading partnerships, integrated in Rabi Wallet, Trader Joe, now LFJ, Shadow Exchange, Particle Network, Socket, Relay, Euler, HeyAnon, Symbiosis, Router and many more to provide swaps with optimized routing.
Proven track record. Over $6.3B in cumulative volume, 3.1M swaps and over 260K unique on-chain
users to date. Key advantages. First to market cross-chain aggregator powering seamless swaps
across 18 plus chains, supporting almost every token,
including easy same and crosschain asset swaps, crosschain LST, LRT swaps and deposits,
LP token swaps, abstracted bridging, integrations and partnerships with some of the best protocols
and projects within the Sonic ecosystem and DeFi as a whole. Roadmap. Building DeFi's execution layer.
The 6th of June 2025. Dollar fly launches on Sonic.
Q2 2025. Launch fly dashboard, staking, emissions, bribes, and revenue share.
Launch earn drop. Expand to EVM chains.
Sunium. Abstract. Integrate Binance and OKX wallets.
Q3 2025. Expand to EVM Chains
MegaETH, Monad, Hyper EVM
Expand to Non-EVM Chains, Solana, Eclipse
Onboard new protocols and liquidity sources
Launch Swap UI with charts, Implement DCA Feature, and Add Limit Orders
Q4 2025, Bridge Aggation 2.0 upgrade.
Order flow tracking, updated order routing UI,
and launch fly 2.0.
Universal aggregation, chain abstracted UX,
token generation event, TGE, fly.
Trade and dollar fly are poised to become the backbone of
Sonic's DeFi economy with a confirmed listing on Binance Alpha and Kraken. Ready to trade smarter?
TGE Date and Time Friday June 6, 1pm UTC
Lock Dollar Fly to receive XFLY. Earn passively with Fly 33
Token Utility Trading Incentives, reduced fees and slippage on high-demand pairs, bribes,
voting, emissions, multiplier on voting and trading, for detailed tokenomics, roadmap
updates, and how to participate in the TGE Follow at FlyTrader Underscore on Twitter
for real-time updates on the token launch and future developments.
This press release is brought to you by EAK Wire, the leading web 3PR newswire via Hacker Noon business blogging.
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