Sony-supported L2 Soneium surpasses $45 million in total value locked in TV investments
In the rapidly evolving world of cryptocurrency, a new player is making waves - Soneium, an Ethereum Layer 2 chain focused on powering next-generation digital content experiences and web3 mainstream adoption. Launched in January by Sony Block Solutions Labs, a joint venture between Sony Group and Web3 infrastructure provider Startale, Soneium is built on the OP Stack.
The Soneium ecosystem is part of the broader "Superchain" ecosystem, which collectively accounts for significant Layer 2 activity. However, specific TVL figures for Soneium alone are not isolated in the available data. A recent Superchain-wide DeFi campaign, "SuperStacks," involved Soneium among other chains, reporting over $250 million in total TVL across eligible pools and vaults collectively.
As of July 2025, the most detailed data on the top decentralized applications (dapps) on the Soneium Ethereum Layer 2 chain and their total value locked (TVL) is limited. No precise TVL metrics or rankings for individual Soneium dapps are currently published in the searched results.
However, the Soneium ecosystem is not lacking in growth and development. One of the fastest-growing dapps on Soneium is Kyo Finance, a native DEX, which currently has a record $7.7 million in TVL following a 40% increase in the past week. Other growing dapps include Velodrome and Sonex, both decentralized exchanges (DEXs).
Velodrome, currently the second-largest DEX on Soneium after Kyo Finance, is expanding its presence on the platform. However, its TVL across all chains is at its lowest level in more than two years, falling below $60 million on Wednesday. Sonex, another DEX on Soneium, saw its TVL soar 100% to $2.4 million on Monday.
Soneium's platform hosts over 180 pools, with ASTR (Astar), Wrapped Ethereum (WETH), SOLVBTC.BBN, and USDC among the most deposited tokens. SOLVBTC.BBN is a yield-bearing token representing staked SolvBTC plus all future Babylon staking rewards and Solv points.
On Sunday, Soneium's mainnet was used by a record 258,000 wallets, while the transaction count crossed 2 million. Despite the limited public data, it's clear that Soneium is an active and growing ecosystem.
For those seeking exact names and TVL of top dapps on Soneium, the ecosystem is still developing with limited public analytics. Consulting Soneium-specific tracking platforms or on-chain explorers might provide the latest details not covered in available news. The "Soneium For All" incubator by Sony, which supports Ethereum Layer 2 developers and accelerates gaming and consumer Web3 applications on Soneium, indicates growing ecosystem development and possibly emerging top dapps soon.
In summary, while Soneium is actively growing with support from Sony and community initiatives, there is no publicly available, up-to-date ranked list of its top dapps by TVL as of mid-2025. The broader Superchain ecosystem collectively holds significant DeFi value, within which Soneium is a key but underreported participant.
The news about Soneium, a new player in the cryptocurrency world, stands out as it's an Ethereum Layer 2 chain aiming to power web3 digital content experiences and foster mainstream adoption. In the midst of this evolution, Soneium's ecosystem, though growing rapidly, lacks precise TVL metrics for individual dapps in publicly available data.
