Arkham, Sonic Team Up to Boost DeFi Transparency

Arkham Intelligence, a leading blockchain analytics firm, has entered into a strategic partnership with Sonic Labs, a developer of decentralized finance (DeFi) protocols on the Ethereum Virtual Machine (EVM) layer-1 blockchain Sonic. This collaboration aims to enhance transparency and security for users interacting with Sonic's DeFi ecosystem.

The partnership will integrate Arkham's suite of intelligence features into Sonic's platform, providing users with access to entity and address tracking, real-time alerts, dashboards, and visualization tools. This integration will enable Sonic users to better monitor and analyze blockchain data, helping them make more informed decisions when engaging with DeFi protocols on the Sonic network.

Sonic, launched on December 18, 2024, has experienced significant growth in its Total Value Locked (TVL) since its inception. In the past month alone, the network's TVL has surged by over $200 million, reaching $250 million across its DeFi ecosystem. This growth reflects the increasing adoption and interest in Sonic's blockchain and its DeFi protocols.

In a joint announcement, Arkham Intelligence and Sonic Labs expressed their excitement about the partnership, stating that they will be adding Sonic to Arkham's platform, enabling full use of Arkham's features on the Sonic blockchain. This collaboration is expected to further strengthen the security and transparency of the Sonic ecosystem, benefiting both developers and users alike.