Why Aave backing Sonic matters: on-chain credit scores for DeFi
Thread77 words
AAVE is up over 48% and FTM 40% on the month. He attributes the moves to Sonic bringing credit scores on-chain to target the $11.3T unsecured lending market, with Aave among the strategic S investors.
Key claims
AAVE up more than 48% on the month, FTM up 40%
Unsecured lending market worth $11.3T
Aave is a strategic S investor
$AAVE up >48% on the month and everyone is wondering why.
Meanwhile, $FTM (soon $S) is up 40% and everyone is wondering why.
Few understand that @0xSonicLabs is bringing credit scores on-chain, unlocking the $11.3T unsecured lending market in DeFi.
That's why @aave is one of the strategic $S investors.
Trust in and @AndreCronjeTech?
NFA but at least DYOR anon.
@0xSonicLabs @aave Just in case you missed it. ⤵️
x.com/zerokn0wledge_/status/1833348193779622199
More alpha on @0xSonicLabs here. ⤵️
x.com/zerokn0wledge_/status/1829828908868649475
1 image on X
How the calls played out · since 10 Sep 2024
Prices as of 23 Oct 2026This piece takes a view on $FTM, $S, so those moves are read against the call. Other assets it covers are shown as context, not as calls.
−90%
Moved against the call · over 2.1 years
- At publication
- $0.483
- Now
- $0.0506
- vs BTC
- −93%
- After 1 month
- +37%
- After 3 months
- +134%
- After 1 year
- −36%
- High since
- +196% 16 Dec 2024
- Low since
- −96% 06 Aug 2026
−95%
Moved against the call · since it listed on 05 Jan 2025, 4 months after this piece
- At listing
- $0.989
- Now
- $0.053
- vs BTC
- −94%
- After 1 month
- −53%
- After 3 months
- −50%
- After 1 year
- −91%
- High since
- 0.0% 05 Jan 2025
- Low since
- −98% 26 Jun 2026
Also covered
Since then
Zero has written 8 more pieces on Fantom and Sonic Labs and Aave and $FTM and $S and $AAVE since this one.
Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish thesis is read as a call; explainers, maps and mentions are context. Not financial advice.