Fly.trade Launches $FLY Token on June 6th to Simplify Cross-Chain DeFi

Fly.trade, a leading liquidity aggregation and trade execution protocol within the Sonic ecosystem, is set to launch its native token, $FLY, on June 6th at 1 PM UTC. This launch marks a significant milestone for the platform, which aims to simplify cross-chain DeFi by delivering seamless swaps, optimized routing, and one-click staking across 19+ chains. The $FLY token is designed to align and incentivize traders, stakers, and protocols through various mechanisms, including volume-based rewards, emissions, bribes, reduced slippage, and revenue sharing.

The tokenomics of $FLY are inspired by the ve(3,3) model, tailored for an aggregator-first protocol. This model introduces several key features, such as direct subsidies that reduce fees and slippage on high-demand trading pairs, and xFLY, which allows active users to vote, earn bribes, and maximize rewards through staking and trading $FLY in FLY pools. Additionally, FLY33 enables set-and-forget participation with auto-compounding rewards and no lock-ups, while the flywheel effect creates a self-reinforcing cycle where staking and voting increase earnings, which in turn raises incentives. The ve33 governance model allows users to lock $FLY to receive xFLY, granting them governance power over protocol fees, emissions, and partnerships. Revenue sharing ensures that protocol fees are distributed to stakers, further incentivizing long-term holding.

Fly.trade's aggregation algorithm consistently delivers better swap rates than major aggregators, minimizing slippage and transaction costs. The platform has established industry-leading partnerships with various protocols and projects, including Rabby Wallet, TraderJoe, Shadow Exchange, Particle Network, Socket, Relay, Euler, HeyAnon, Symbiosis, and Router. With over $6.3 billion in cumulative volume, 3.1 million swaps, and over 260,000 unique on-chain users, Fly.trade has proven its track record in the DeFi space. The platform's key advantages include being the first-to-market cross-chain aggregator, supporting almost every token, and offering easy same and cross-chain asset swaps, cross-chain LST/LRT swaps & deposits, LP token swaps, and abstracted bridging.

The roadmap for Fly.trade includes several key milestones. Following the launch of $FLY on June 6th, the platform plans to launch the FLY Dashboard, Staking, Emissions, Bribes, and Revenue Share in Q2 2025. Additionally, Fly.trade will expand to EVM chains such as Soneium and Abstract, and integrate Binance and OKX wallets. In Q3 2025, the platform will further expand to EVM chains like MegaETH, Monad, and HyperEVM, as well as non-EVM chains such as Solana and Eclipse. New protocols and liquidity sources will be onboarded, and the Swap UI with charts, DCA feature, and Limit Orders will be implemented. In Q4 2025, Fly.trade will upgrade to Bridge Aggregation 2.0, introduce order flow tracking, update the order routing UI, and launch Fly 2.0: Universal Aggregation with a chain-abstracted UX.

The Token Generation Event (TGE) for $FLY is scheduled for June 6th at 1 PM UTC. Users can lock $FLY to receive xFLY and earn passively with FLY33. The token utility includes trading incentives, reduced fees and slippage on high-demand pairs, bribes, voting, emissions, and a multiplier on voting and trading. For detailed tokenomics, roadmap updates, and participation in the TGE, users are encouraged to follow Fly.trade on Twitter for real-time updates on the token launch and future developments.