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  • How to Swap for $S Token to Join the Sonic Airdrop and Use dApps

    How to Swap for $S Token to Join the Sonic Airdrop and Use dApps


    In the ongoing $S airdrop campaign, one of the ways to earn points and secure $S rewards is through “App Points,” where participants need to use the decentralized applications (dApps) on the Sonic ecosystem.

    Thus, participants need to have $S, as they usually need to provide liquidity, trade, swap assets, and perform transactions, which have associated fees.

    This article aims to guide participants on how to swap cryptocurrencies to $S, whether from another chain or wallet.

    But First, What is $S? 

    $S is the native token of Sonic, used for paying transaction fees, staking, running validators, and participating in governance.

    It has a total supply of 3.175 billion, all of which is in circulation. As of March 21, 2025:

    • Market Cap: ₱90.22 Billion 

    Is $S a Newly Launched Token? 

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    On December 2024, blockchain project rebranded from Fantom Opera (https://fantom.foundation/opera) to Sonic (https://www.soniclabs.com/). According to developer Sonic Labs, Fantom Opera will remain functional, but the team will focus solely on developing the Sonic blockchain.

    Because of this rebrand, Fantom Opera’s $FTM can be exchanged—or “upgraded,” as the team calls it—to $S at a 1:1 ratio.

    For those holding $FTM in their web3 wallets, you can upgrade your $FTM to $S at: https://my.soniclabs.com/upgrade 

    Meanwhile, those with $FTM stored on centralized exchanges or other networks outside Fantom Opera can upgrade their asset to $S at: https://soniclabs.typeform.com/to/eJJtgYaL 

    Where to Bridge Asset and Swap to $S?

    deBridge

    Photo for the Article - How to Swap for $S Token to Join the Sonic Airdrop and Use dApps
    • What is it? deBridge is a protocol that claims to expand the concept of traditional bridges by introducing generic cross-chain message transfers.
    • Supported Web3 Wallets: Browser Wallet, Solana, Phantom, Solflare, MetaMask, WalletConnect, Salmon, Backpack, Bitget, Brave, Coinbase Wallet, Glow, Fordefi, Trust, OKX Wallet
    • Asset Needed for $S Swap: $SOL 
    • Link for Swap: https://app.debridge.finance/

    Houdini Swap

    Photo for the Article - How to Swap for $S Token to Join the Sonic Airdrop and Use dApps
    • What is it? Houdini Swap claims to blend advanced aggregation technology with every major crypto liquidity pool, combine it with the option of compliant privacy, and embed it into an elegant, user-centric design.
    • Supported Web3 Wallets: No available information.
    • Asset Needed for $S Swap: $USDC on Solana
    • Link for Swap: https://houdiniswap.com/

    Jumper

    Photo for the Article - How to Swap for $S Token to Join the Sonic Airdrop and Use dApps
    • What is it? Jumper aggregates and compares quotes from all Solana-based bridges to offer the best prices.
    • Supported Web3 Wallets: MetaMask, Coinbase Wallet, WalletConnect, Abstract. 
    • Asset Needed for $S Swap: $USDC on Solana
    • Link for Swap: https://jumper.exchange/

    This article is published on BitPinas: How to Swap for $S Token to Join the Sonic Airdrop and Use dApps

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  • OKX, Standard Chartered Launch Collateral Mirroring Program For Crypto For Institutions

    OKX, Standard Chartered Launch Collateral Mirroring Program For Crypto For Institutions


    Offering blockchain-based assets to traditional investors, crypto exchange OKX and multinational bank Standard Chartered launched a joint collateral mirroring program, which allows their clients to utilize crypto and tokenized money market funds as off-exchange collateral for trading. 

    The program is currently in a pilot test under Dubai Virtual Asset Regulatory Authority (VARA)’s regulatory framework and uses Globally Systemically Important Bank as the custodian for collateral. 

    Standard Chartered is a regulated custodian in the Dubai International Financial Centre under the Dubai Financial Services Authority. Meanwhile, OKX, through its VARA regulated entity, will be the one to manage collateral and facilitates transactions.

    “Through leveraging Standard Chartered’s position as a top custodian globally, as well as our market leadership in cryptocurrency trading, the partnership sets an industry standard for current and potential institutional clients to deploy trading capital at scale in a trusted environment.”

    OKX

    For the entities involved, the newly-launched program allows traditional investors to enjoy the protection they offer against counterparty risk, which is an important concern in the current digital asset markets. 

    “As the digital assets ecosystem becomes more ingrained within traditional finance, we strive to both drive growth and safeguard client assets in the most capital efficient manner. By leveraging Standard Chartered’s position as a top custodian globally, as well as OKX’s market leadership in cryptocurrency trading, the partnership sets an industry standard for current and potential institutional clients to deploy trading capital at scale in a trusted environment.”

    Hong Fang, President, OKX

    Meanwhile, OKX explained that the program’s clients will have access to on-chain assets of Franklin Templeton’s Digital Assets Team. Franklin Templeton is an asset manager focusing in tokenization and real world assets. 

    “Leveraging blockchain technology, our platform is built to support the dynamic and ever-evolving  financial ecosystem. We take an authentic approach, from directly investing in blockchain assets to developing innovative solutions with our in-house team. By ensuring assets are minted on-chain, we enable true ownership, allowing them to move and settle at blockchain speed – eliminating the need for traditional infrastructure.”

    Roger Bayston, Head of Digital Assets, Franklin Templeton 

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    One of the first financial institutions to use the program is Brevan Howard Digital, the digital asset division of global alternative investment manager Brevan Howard. 

    “This programme is the latest example of the continued innovation and institutionalisation of the industry. As a significant investor in the digital assets space, we are thrilled to partner with industry leaders to further grow and evolve the crypto ecosystem globally.

    Ryan Taylor, Chief Administrative Offer, Brevan Howard Digital

    This article is published on BitPinas: OKX, Standard Chartered Launch Collateral Mirroring Program For Crypto For Institutions

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  • Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

    Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter


    PRESS RELEASE | Apr 9th, Panama – Gate.io, a leading global cryptocurrency exchange, successfully hosted the inaugural event of the Football For Future: Gate.io x Inter Vietnam Football Charity Program in collaboration with FC Internazionale Milano on April 9, 2025. The initiative aims to enhance sports facilities in underprivileged schools across Vietnam, fostering a passion for football and promoting a healthy lifestyle among students.

    This is a press release submitted to BitPinas.
    Photo for the Article - Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

    After careful evaluation, Gate.io identified Cam Xa Primary School in Hung Yen Province as the first beneficiary of the program. Gate.io led the construction and renovation, transforming an underdeveloped area into an 880m² modern football field equipped with 5cm diamond fiber artificial grass, a lighting system with 250W LED lights, fencing, drainage infrastructure, and other supporting facilities. By the end of March, the project was completed in just over 20 days, ensuring students’ quick access to a safe and professional sports environment.

    Photo for the Article - Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

    To commemorate the occasion, Gate.io hosted an official inauguration ceremony at the school on the morning of April 9, bringing together students, teachers, and local representatives. The event featured a donation ceremony, students’ cultural performances and a friendly football match for students. Gate.io presented awards to the best players on the field. To surprise, Inter Women’s Football Team sent out a special video message, encouraging young Vietnamese students to pursue their football dreams.

    Photo for the Article - Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

    During the event, Kevin Lee, Chief Business Officer of Gate.io, gave a speech and reaffirmed the company’s dedication to social responsibility and fostering young talent through community-driven initiatives. “We believe that the ‘Football for Future’ initiative, with the success of its first project, will not only contribute to the development of football culture in Vietnam but also reaffirm Gate.io’s commitment to social responsibility, supporting the younger generation in unlocking their full potential.”

    Photo for the Article - Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

    As an official sleeve sponsor of Inter, Gate.io has already established a strong presence in the global football community. The partnership, launched in the 2024-2025 season, reflects a shared commitment to innovation, community engagement, and a winning spirit. Through this collaboration, Gate.io is not only supporting the development of youth football in Vietnam but also strengthening the connection between Web3 technology and sports. With “Football for Future”, Gate.io is taking a meaningful step in giving back to the community, demonstrating how blockchain innovation and global partnerships can create lasting social impact.

    Photo for the Article - Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

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    This project is part of Gate.io’s broader commitment to empowering communities through sports and education. Following the success of the first initiative, Gate.io plans to extend the “Football for Future” program to other schools, providing more students with access to quality sports facilities and training resources, and inspiring the next generation to pursue their dreams both on and off the field.

    DisclaimerThe content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.

    This press release is submitted to BitPinas: Football for Future: Gate.io Officially Launches Football Charity Program in Vietnam in Partnership with Inter

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