In the dynamic world of decentralized finance (DeFi), DeFive emerges as a transformative force, redefining trading on the Sonic blockchain. Evolving from WigoSwap, which processed over $1 billion in transactions on Fantom, DeFive is a cutting-edge decentralized exchange (DEX) offering lightning-fast swaps, community-driven governance, and a secure Launchpad for new projects. With $5.57M in Total Value Locked (TVL) and $24,347.42 in the last 24 hours trading volume as of July 2025, DeFive leverages Sonic’s high-speed infrastructure to deliver a seamless DeFi experience. This comprehensive, guide explores why DeFive is a game-changer, how it works, and how you can join the DeFi revolution.

What is DeFive?

DeFive is a next-generation DEX built on the Sonic blockchain, a Layer-1 network launched in August 2024 as Fantom’s successor. With $5.57M TVL, 7,664 token holders, and 199,688 total transfers, DeFive offers 0.18% swap fees, instant trades, and gamified staking via veFIVE. Built on three years of WigoSwap’s expertise, DeFive supports complex strategies like arbitrage and flash loans, making it ideal for both beginners and seasoned traders. Its secure Launchpad and community-driven governance empower users to trade, stake, and shape Sonic’s thriving ecosystem.

The Sonic Blockchain: A DeFi Powerhouse

Sonic blockchain, launched in August 2024, is an Ethereum-compatible Layer-1 network designed for performance. Boasting 400,000 transactions per second (TPS)—surpassing Ethereum’s 20 TPS and Solana’s 65,000 TPS—Sonic delivers sub-second finality and low-cost transactions. Its proof-of-stake consensus ensures a low carbon footprint, as outlined at soniclabs.com/environment. Sonic processes up to 900 million ERC-20 transfers daily, Fueling the ecosystem with protocols such as Silo Finance, Beets Finance, Shadow Exchange, SwapX and DeFive.

The Sonic Gateway enables 10-minute asset bridging (e.g., USDC from Ethereum) with a 14-day fail-safe for security. Developers benefit from the Fee Monetization (FeeM) program, sharing 90% of app fees, and the 200M S Innovator Fund, driving innovation. Partnerships with Chainlink, Solv Protocol, AAVE, and Formula One’s Pierre Gasly cement Sonic’s status as a DeFi leader.

 

Why DeFive Stands Out in DeFi

DeFive combines speed, accessibility, and sustainability to differentiate itself in Sonic’s competitive DeFi landscape. Here’s why it’s a standout:

1. Lightning-Fast Trading with Ultra-Low Fees

Powered by Sonic’s 400,000 TPS, DeFive offers instant swaps with 0.18% fees—among the lowest in DeFi. Whether trading FIVE, S, USDC, or tokens like LUMOS or SNS, users enjoy minimal slippage and near-zero wait times, ideal for high-frequency traders and beginners alike.

2. veFIVE Staking for Community Governance

Locking FIVE tokens for veFIVE (launched Q1 2025) grants 30% of token emissions, bribes from projects, and priority access to Burn-to-Mint (B2M) events. Longer locks (up to 4 years) increase voting power, allowing users to shape farm APRs, pool listings, and hard-cap reductions via the DAO (launching Q2/Q3 2025).

3. Gamified Burns for Token Scarcity

The Gamified Burn Mechanism (GBM) burns 12.5% of transaction fees, doubling WigoSwap’s rate, reducing FIVE’s 1.59B max supply. Activities like trading, minting NFTs, or playing Predict (a price-betting mini-game with 10% fees burned) enhance scarcity, supporting long-term value.

4. Secure Launchpad for Safe Project Launches

DeFive’s Launchpad locks 10% of raised funds in liquidity pools for 6 months, preventing rug pulls. It features Genesis (exclusive for veFIVE holders) and Momentum (open to all) rounds, supporting projects like SwapX and AI-driven DeFi apps from the DeFAI Hackathon.

How DeFive Works

DeFive’s DEX, built with the latest Solidity versions, ensures security, scalability, and EVM compatibility. Key features include:

• Ultra-Low Fees: 0.18% per swap, with 75% to liquidity providers, 12.5% for GBM burns, and 12.5% for platform development.
• Multi-Asset Support: Trade FIVE, S, LUMOS, SNS, and more with an intuitive interface.
• High-Speed Trades: Sonic’s 400,000 TPS ensures instant execution, even during high-volume periods.
• Advanced Strategies: Supports arbitrage and flash loans for sophisticated traders.

How to Get Started with DeFive

Mobile-Friendly Checklist

1. Set Up Wallet: Configure MetaMask or Rabby with Sonic’s details:
   • Network: Sonic
   • RPC: rpc.soniclabs.com
   • Chain ID: 146
   • Currency: S
2. Bridge Assets: Transfer USDC or S via Sonic Gateway in 10 minutes.
3. Trade: Swap tokens on defive.io with 0.18% fees.
4. Farm and Stake: Add liquidity to earn LP Tokens, stake for FIVE rewards, or lock for veFIVE.
5. Join Launchpad: Use veFIVE for early access to projects and earn Sonic Points.
6. Track Activity: Monitor transactions on sonicscan.org.

Yield Farming Guide

• Add Liquidity: Select a pair (e.g., FIVE/S), deposit equal values, and receive LP Tokens.
• Stake LP Tokens: Choose a farm (e.g., FIVE/S) to earn 20%+ APRs.
• Harvest Rewards: Collect FIVE and reinvest or lock for veFIVE.

veFIVE Benefits

• Lock Periods: 1 week to 4 years, with longer locks yielding more veFIVE.
• Rewards: 30% emissions, bribes, and B2M access.
• Governance: Vote on APRs, pools, and tokenomics.
• Tiers: Higher tiers (e.g., Tier 1) offer Genesis access and larger Momentum allocations.

DeFive Launchpad: Empowering New Projects

DeFive’s Launchpad ensures secure, community-driven project launches:

• Onboarding: Projects submit tokenomics and roadmaps, with KYC for >10% team allocations.
• Genesis Round: Exclusive for veFIVE holders, offering discounted tokens.
• Momentum Round: Open to all, using USDC, S, or staked S.
• Liquidity Protection: 10% of funds locked for 6 months.
• Post-Launch Support: Staking pools, co-marketing, and Sonic integrations.

Past Successes

• LUMOS: A memecoin with 110M WIGO burned, now a cultural asset.
• SNS: A social network token with 100M WIGO burned, driving engagement.

DeFive’s Challenges

• Lower Volume: $23,824.49 daily volume trails Shadow’s $56.93M and SwapX’s $41,284.54.
• Smaller TVL: $5.57M lags Shadow’s $43.86M and SwapX’s $19.55M.
• Fewer Holders: 7,664 holders compared to Shadow’s 24,484.

 DeFive’s Advantages

• No Team Allocation: 0% team allocation ensures community focus.
• Decreasable Hard Cap: DAO-approved burns reduce 1.59B max supply.
• Gamified Burns: 12.5% of fees burned via GBM and Predict.
• Secure Launchpad: 6-month liquidity locks prevent rug pulls.
• Low Entry Barrier: $0.001504 price attracts new users.

 Migrating from WigoSwap to DeFive

DeFive’s migration from WigoSwap (September 1–November 29, 2024) offers:

• WIGO Holders: Swap WIGO for FIVE at a 1:1 ratio on defive.io. Unmigrated WIGO reduces FIVE’s max supply.
• Liquidity Providers: Move WIGO/FTM LP Tokens without breaking positions, earning 25% of swap fees and B2M whitelist access.

 Community and Founders

DeFive’s community, is growing rapidly. Founded by Aaron, the team leverages WigoSwap’s success to prioritize user-friendly DeFi, passive income, and project support. Their focus on accessibility drives DeFive’s adoption within Sonic’s thriving ecosystem.

Future Outlook

DeFive’s 2025–2026 roadmap positions it to rival Shadow Exchange and SwapX:

• Q3 2025: Launch DAO for voting on emissions and farms.
• Q4 2025: Add cross-chain token launches via Chainlink.
• Q1 2026: Integrate BTC-based pools with Solv Protocol.
• Q2 2026: Support AI-driven DeFi apps from the DeFAI Hackathon.

With Sonic’s 400,000 TPS, $608.83m TVL, and 190.5M S airdrop, DeFive’s $5.57M TVL and 5,000 users can grow to approach Shadow’s $43.86M and SwapX’s $19.55M by 2026.

Join the DeFive Revolution

DeFive empowers you to trade, stake, and launch projects on Sonic with 0.18% fees, veFIVE rewards, and a secure Launchpad. Visit defive.io, join t.me/DeFiveCommunity, and explore sonicscan.org to start your DeFi journey!