Sonic price

How Sonic's 90% fee model is changing developer strategies Sonic Labs' 90% fee-sharing model (FeeM) significantly alters the monetization approach for blockchain developers. Without issuing tokens or operating dedicated chains, developers can take home 90% of the transaction fees generated by their apps. This removes traditional barriers such as legal risks, infrastructure costs, and lack of revenue. This contrasts with the case of Uniswap, which generated $947 million in fee revenue but remained at $0 in protocol revenue. Sonic enables developers to earn revenue immediately after deployment through automatic distribution, gas tracing, and oracle verification structures. Within months of its mainnet launch, over 225 apps generated approximately $300,000 in revenue, and major protocols like Aave have deployed due to FeeM incentives. Small teams can start without cost burdens, similar to a 'usage-based SaaS' model, and grow independently based on usage. However, there are risks such as a thin security budget for validator rewards (10%), exploitation of spam transactions, and token price volatility. Therefore, sustainability depends on the growth of transaction volume and maintaining demand. At the industry level, competition to attract developers is likely to intensify. Other chains may increase revenue sharing or attempt differentiation through alternative value capture models such as MEV, settlement fees, and native stablecoins. Sonic's FeeM is an example of transitioning from a "token-dependent revenue model" to a "usage-based revenue model," reshaping the competitive landscape of blockchain around developers.