Growing Speedster Blockchain Applications: Euler, Stability, and Shadow

Growing Speedster Blockchain Applications: Euler, Stability, and Shadow

Fast-Growing DeFi Apps Transform Sonic Network

After a period of inactivity due to a major exploit, Euler's TVL (Total Value Locked) has been revived on the Sonic Network, following its integration in February 2025. This resurgence comes amidst a surge in the trading volume of the privacy-centric DeFi app, Shadow, which has seen a staggering 1,000% increase in the past month, reaching a total of $100 million.

The Sonic Network, previously known as Fantom, is witnessing a significant transformation, with Euler, Stability, and Shadow emerging as the fastest-growing DeFi apps on the platform. These apps, known for their innovative features and expanding TVL, are characterised by rapid development cycles, active community governance, and integration with Sonic's fast execution environment and low fees.

Euler, a multi-chain lending protocol, focuses on decentralized lending and borrowing protocols, emphasising capital efficiency and flexible risk parameters. The platform offers isolated lending pools per asset to manage risk granularly and advanced liquidation mechanisms that protect lender capital.

Stability, a liquidity management app based on Sonic, targets stablecoins or stable asset management, aiming for yield stability with minimal volatility exposure. The app offers algorithmic stability mechanisms, collateralized vaults, and yield-optimizing strategies underpinned by smart contracts that ensure asset stability on-chain.

Shadow, the largest DeFi app on Sonic, may be positioned as a privacy-centric or yield-enhancing DeFi app. It brings novel cryptographic protocols or stealth pool features that enable confidential transactions or optimized liquidity mining.

The Sonic Network itself supports composable and coordinated agent-like behaviours in dApps, suggesting that these DeFi apps leverage Sonic’s strengths in scalability, coordination, and lifecycle management of DeFi contracts and autonomous agents.

As of late July 2025, the exact TVL figures for these specific apps on the Sonic Network are not available. However, platforms like these usually report TVL growth measured in tens to hundreds of millions of dollars shortly after launch, depending on user adoption and liquidity incentives.

TVL trends typically reflect user trust, liquidity depth, and protocol safety. Fast-growing DeFi apps on emerging Layer 1 or Layer 2 networks like Sonic benefit from accelerating user onboarding and cross-protocol composability.

Notable developments include Euler's TVL surging from zero to over $17 million within two weeks of integration, and Stability's TVL surging nearly 3,000% in the past week to a record $13.4 million. Stability users can deposit certain tokens in vaults that pay generous annual percentage rate (APR) figures, with some going above 200%.

On Wednesday, the Shadow Exchange Legacy version saw a record $4 million in trading volume, while on February 13, trading volume on the main Shadow DEX reached $40 million. Shadow Exchange CLMM, a fork of Uniswap v3, and Shadow Exchange Legacy, forked from Solidly, make up the Shadow ecosystem.

Euler, currently the seventh-largest app on the Sonic network, has integrated with the platform, while Shadow has surpassed SwapX and ICHI to become the largest decentralized exchange on Sonic. These developments underscore the potential of the Sonic Network to become a significant player in the DeFi space.

1. The surge in trading volume of the privacy-centric DeFi app, Shadow, on the Sonic Network, has resulted in a substantial increase in its Total Value Locked (TVL) growth, reaching an impressive figure of $100 million, signifying an important shift in the finance industry and the integration of technology in DeFi.

2.Amidst the rapid development of DeFi apps on the Sonic Network, Euler, recognized for its focus on decentralized lending and borrowing protocols, has demonstrated significant growth, enhancing the network's position in the financial technology sector, with its TVL surging from zero to over $17 million within two weeks of integration.

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