SONEX, a decentralized exchange (DEX) powered by artificial intelligence (AI), has launched on Soneium’s mainnet, according to the reports shared with Finbold on Tuesday, January 28.
A significant addition to the Soneium ecosystem, SONEX combines technological and strategic innovation to enhance efficiency and promote on-chain adoption, aligning with Soneium’s broader mission to bring more users to blockchain.
Kai, chief executive officer (CEO) of SONEX, summarised this vision behind the integration, stating:
“Our launch on Soneium’s mainnet is a testament to our dedication to pushing the boundaries of what DeFi can offer. Together with Soneium, we are making DeFi more accessible, secure, and efficient for everyone, anywhere.”
Creating more accessible DeFi entry points
SONEX relies on Soneium’s existing capabilities to deliver a decentralized trading platform that prioritizes speed, security, and accessibility.
The mainnet launch will serve as a new touchstone for efficiency and scalability in decentralized finance (DeFi), offering a number of new features.
For one, the framework, supported by a robust application programming interface (API) and source development kit (SDK) integration, ensures uninterrupted trading and adjacent activities.
Likewise, SONEX utilizes Soneium’s infrastructure to implement advanced protocols that safeguard user data and assets, while the user-friendly interface accommodates new and seasoned traders alike, providing an accessible DeFi entry point even for the less experienced.
Finally, SONEX prioritizes and promotes community engagement with its decentralized governance model that allows users to actively influence future platform developments, thus fostering an inclusive trading environment.
How SONEX and Soneium address blockchain limitations
As a Layer-2 (L2) on Ethereum (ETH), Soneium is known for its user-friendly, scalable solutions that will help SONEX tackle traditional blockchain limitations, including but not limited to high fees and slow transaction speeds.
The SONEX launch on Soneium’s mainnet thus reflects a shared vision of making blockchain technology not only more accessible but also globally impactful, overcoming economic, technical, or geographical barriers.