Amped finance’s IDO is live on @AtlantisOnSonic via the overflow model until 24 July.
Here’s what you need to know about it:
🔷 Amped is live and earning revenue, with over $895,538 in protocol revenue and $305.2M in cumulative trading volume, demonstrating clear traction. It ranks as one of the largest protocols in the Sonic ecosystem based on volume and fees, with revenue share post-TGE via $AMPED staking.
🔷 The Amped team is innovating and continuously shipping features, including its partnership with HeyAnon AI for natural language trading. V2 is already under development, centering on a token indices trading platform. Its userbase is steadily expanding, and once $AMPED launches, the protocol will start distributing revenue to stakers.
🔷Amped is launching $AMPED at a notably low valuation: $778K IMC including liquidity, with a $4M FDV.
🔷 Amped provides Sonic Ecosystem Exposure through yALP, which is composed of key Sonic assets like S, stS, SHADOW, USDC, scUSD, WETH, and more, offering direct exposure to the SonicLabs ecosystem.
🔷 Users can Earn S Points for Season 2 by holding or purchasing yALP (and ALP), positioning them for the Sonic Season 2 airdrop. Historical tracking of ALL ALP & yALP
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