aSonUSDC is the interest-bearing token users receive when they deposit USDC into the Aave protocol on Sonic. It represents the user's share in the liquidity pool and accrues interest over time. The value of aUSDC increases as borrowers pay interest, which is then distributed to lenders. This mechanism allows users to earn passive income while maintaining liquidity, as aUSDC can be redeemed for the underlying USDC at any time. For more detailed information, you can refer to the Aave documentation @ aave.com
Where is Aave USDC (Sonic) available for purchase?
You can exchange ASONUSDC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Aave USDC (Sonic) is Shadow Exchange (Legacy) , notably the ASONUSDC/ASONUSDC pair, which saw a trading volume of $ 89,755 in the past day. Additionally, SwapX V2 is popular alternative for trading tokens.
What is the highest value Aave USDC (Sonic) (ASONUSDC) has ever reached?
Aave USDC (Sonic) (ASONUSDC) reached its peak price at 1.019 $ on 21 May 2025, approximately a month ago ago. Presently, the current price is -1.87% lower than this all-time high.
What is the historical minimum price for Aave USDC (Sonic) (ASONUSDC)?
The minimum price reached for Aave USDC (Sonic) (ASONUSDC) was 0.7283 $, documented on 23 June 2025, more than 8 days ago. In comparison, the current price is 37.28%, it above this historical low.
What is the fully diluted valuation of Aave USDC (Sonic) (ASONUSDC)?
The fully diluted valuation (FDV) of Aave USDC (Sonic) (ASONUSDC) stands at $ 194,89 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ASONUSDC tokens. The realization of this FDV might take several years depending on the emission schedule of ASONUSDC tokens.