Sonic Adopts the Chainlink Standard for Cross-Chain Interoperability and Verifiable Data
We’re excited to announce that Chainlink CCIP is live on Sonic. Developers can now leverage CCIP to build highly secure apps that can transfer tokens, send messages, and initiate actions between Sonic and other blockchains.
In addition, we’ve adopted Chainlink Data Streams and Data Feeds to deliver premium data on-chain and power a new generation of high-throughput DeFi apps. This enhanced access to Chainlink infrastructure is a result of Sonic Labs joining the Chainlink Scale program.
Given the evolving multi-chain landscape and the need to securely move assets and data across chains, it is critical that Sonic developers have access to Chainlink for cross-chain interoperability when building novel, performant applications.
CCIP — Cross-Chain Interoperability
CCIP is built with defense-in-depth security and is powered by Chainlink, which has a track record of securing tens of billions of dollars and enabling over $18 trillion in on-chain transaction value.
CCIP’s arbitrary messaging capabilities enable developers to create cross-chain smart contracts that can send data to and trigger function calls on smart contracts deployed on other blockchains, while CCIP’s token transfers enable both users and smart contracts to transfer tokens cross-chain.
Through the Cross-Chain Token (CCT) standard, CCIP enables token developers to integrate new and existing tokens with CCIP in a self-serve manner in minutes. CCTs support full control and ownership for developers, enhanced programmability, and zero-slippage transfers.
Key benefits of CCIP include:
Defense-in-Depth Security
CCIP’s consensus layer is powered by Chainlink Decentralized Oracle Networks (DONs), infrastructure that has secured over $75 billion in DeFi TVL at its peak and enabled over $18 trillion in on-chain transaction value since the start of 2022.
Each CCIP transfer is redundantly validated by multiple DONs, including an independent Risk Management Network that continuously monitors and validates the behavior of CCIP—a wholly unique concept in cross-chain interoperability that builds upon established engineering principles (N-version programming).
Secure Token Transfers
Cross-Chain Tokens (CCTs) are token logic agnostic, meaning token developers can deploy pre-audited token pool contracts to turn any ERC20-compatible token into a CCT or deploy their own custom token pool contracts for bespoke token use cases. CCTs do not require token developers to inherit any CCIP-specific code within their token’s smart contract.
CCTs also benefit from additional security functions in their CCIP token pools, such as configurable rate limits and reliability features such as Smart Execution, which helps ensure reliable transaction execution on the destination chain regardless of blockchain network congestion.
Arbitrary Messaging
CCIP empowers developers to create cross-chain native apps through the transfer of arbitrary data, encoded as bytes, between smart contracts on different blockchains. Cross-chain messaging enables numerous use cases from cross-chain NFT transfers to cross-chain lending.
Programmable Token Transfers
CCIP enables the transfer of value (via CCTs) cross-chain along with data instructions informing the receiving smart contract on what to do with those tokens once they arrive on the destination chain.
Through Programmable Token Transfers, CCIP can condense a complex set of actions involving multiple users, blockchains, and assets down to a single atomic cross-chain instruction.
Extendable and Future-Proof
CCIP is built to be future-proof for developers, where future improvements can continue to be made, including the integration of new blockchain networks, the permissionless onboarding of additional tokens by developers while retaining full ownership of their token contracts, and the incorporation of new defense-in-depth approaches to security.
Data Streams and Data Feeds — Low-Latency, Verifiable Market Data
Along with secure cross-chain interoperability, developers must have on-demand access to secure, reliable, and high-frequency market data. Sonic's participation in the Chainlink Scale program will accelerate ecosystem growth and adoption by providing developers with sustainable access to high-quality and hyper-reliable oracle services.
As the most widely adopted price data standard in Web3 and already responsible for tens of billions of dollars in smart contract value, Chainlink Data Feeds on Sonic enables developers to launch highly secure DeFi apps in our ecosystem.
Adopting Chainlink Data Streams enables on-chain apps to deliver a CEX-like user experience on Sonic with fast on-chain execution. Both Data Streams and Data Feeds benefit from the same secure and battle-tested infrastructure that has powered top DeFi apps.
“Developers in the Sonic blockchain ecosystem asked for Chainlink, and we’re thrilled that it’s now live on Sonic mainnet. Chainlink CCIP, Data Streams, and Data Feeds are critical for unlocking an array of novel cross-chain use cases and powering the next generation of high-performance DeFi apps.”
— Sam Harcourt, Business Development Lead at Sonic Labs.
“We’re excited to see the Chainlink standard for cross-chain interoperability and low-latency-market data live on Sonic mainnet, enabling the secure transfer of digital assets between Sonic and other chains, and access to on-demand price data. Developers can now build high-performance, cross-chain applications on Sonic that drive the industry towards mass blockchain adoption.”
—Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.
About Chainlink
Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $18 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.
About Sonic
Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure for DeFi, powered by the S token. The chain provides 10,000 TPS and sub-second confirmation times.
