L1 ecosystem, I mainly focus on "3S":
Solana
Sui
Sonic
To make a long story short, the full-spectrum DeFi platform on Sonic, @AtlantisOnSonic, will launch its public offering on May 31, with an initial market cap of approximately $930,000.
Below are the specific research details👇
- Atlantis: The Full-Spectrum DeFi Platform of the Sonic Ecosystem
Atlantis is a DeFi platform built on Sonic, covering the core aspects of on-chain trading, including:
Launchpad: Providing financing for new projects
DEX: A decentralized exchange based on Algebra Integral V4
Mining and Staking: Realizing yield distribution through Treasures and Trident Vaults plugins
The flywheel effect of Atlantis can be summarized as:
New projects raise funds through the Atlantis Launchpad;
After the project goes live, tokens are directly traded on Atlantis's V4 DEX;
Fees generated from trading flow back to the community through Treasures and Trident Vaults, incentivizing long-term holders;
The growth of the community attracts more projects to settle in, forming positive feedback.
Data and Partners
Atlantis has established partnerships with several protocols, including @rhinofi, @Rings_Protocol, @odosprotocol, @beefyfinance, and @OriginProtocol, demonstrating its certain accumulation in B-end business expansion.
Commentary:
Although Atlantis positions itself as a "one-stop DeFi platform," its core still focuses on the Launchpad business. The empowerment of the $AQUA token (such as revenue sharing and governance rights) is highly tied to the Launchpad business. Therefore, the success of Atlantis depends on its ability to continuously attract quality projects, which poses high demands on its B-end market expansion capabilities. Existing partners provide initial endorsement for the platform, but long-term growth requires the addition of more leading projects.
- Public Offering Details
Basic Information
Public Offering Platform: Atlantis Launchpad
Time: May 31, 2025 - June 4, 2025
Link: https://reurl.cc/8DZ9l4
Accepted Currency: $S
Initial AQUA Price: 1.067 $S (approximately 0.5 USD)
Initial Circulating Market Cap: 1,973,210 $S (approximately 930,050 USD)
TGE: June 5, 2025
Token Economics
Atlantis adopts a dual-token model: $AQUA (liquid token) and $xAQUA (staking version).
$xAQUA holders can unlock the following rights:
Protocol Revenue Sharing: 25% of platform revenue;
Token Mining: Participate in mining for Launchpad project tokens in Trident Vaults, obtaining partner tokens;
Governance and Revenue Sharing: Participate in Launchpad revenue sharing and protocol governance.
Commentary:
The initial market cap of $930,000 is relatively low among Launchpad projects, and the valuation is relatively reasonable. However, Atlantis adopts a "market discovery model" rather than a fixed price, meaning that the more funds participate, the higher the token price, which may lead to price fluctuations and early price discovery. It is recommended that investors closely monitor the inflow of funds and price trends during the public offering period to assess market confidence in the project.
- Disclaimer
This article is not investment advice.
If there is any incorrect information, please contact the author for correction.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
