16 Apr 2025

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Aave and Sony Join Forces to Reshape Digital Spending

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We previously reported that Aave is considering deploying its Aave V3 protocol on Soneium, an L2 platform developed by Sony Block Solutions Labs in collaboration with Startale Group. This initiative is expected to broaden DeFi adoption and make digital finance more accessible to a wider audience.

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What Is Soneium

Soneium is a Layer 2 blockchain solution built on Ethereum by Sony Block Solutions Labs. It launched in early 2025 following a successful testing phase in 2024. Soneium aims to simplify blockchain adoption for businesses and individual users by integrating it into industries such as entertainment, gaming, and finance. 

Soneium has already processed over 10 million transactions, with an active user base exceeding 2 million. It leverages OP Stack technology to achieve high transaction speeds and minimal fees, making it an efficient environment for financial services and digital assets. The ecosystem also supports leading decentralized applications, including Uniswap, Velodrome, QuickSwap, Stargate, and Squid.

Aave V3 Deployment on Soneium

If the Aave community approves the proposal, the Aave V3 lending protocol will be integrated into the Soneium ecosystem. This integration could significantly expand Aave’s user base and drive broader adoption of decentralized finance, where Aave already plays a leading role.

One key advantage of this collaboration is Sony’s extensive distribution network, which could help attract a larger audience. Additionally, Soneium offers seamless compatibility with multiple blockchain platforms, simplifying the integration of financial services and making it a strong contender for DeFi applications.

As part of the proposed initiative, Aave is exploring the launch of a large-scale liquidity support campaign with a total fund of $100 million in ASTR tokens. Discussions are also ongoing about integrating the GHO stablecoin, which would broaden the range of payment options available to users.

The Aave community is assessing the potential collaboration with Soneium, considering both its direct benefits and the competitive landscape, as other blockchain projects are working on similar solutions.

Soneium and Its Competitors

Several blockchain solutions are also working to integrate DeFi tools into everyday use, making them more accessible to a wider audience. 

Soneium faces strong competition from leading Ethereum Layer 2 networks such as Polygon, Arbitrum, and Optimism.

Soneium vs Polygon

Polygon is one of the most recognized Ethereum L2 solutions, offering similar functionality to Soneium. It provides low transaction fees and fast processing times. 

The main distinction between the two lies in their focus. Polygon has built a broad and versatile ecosystem with numerous successful applications across different sectors. Soneium, in contrast, is designed primarily for business solutions, Web3 gaming, and decentralized finance (DeFi). 

This specialized approach gives Soneium a potential advantage in corporate integrations, making blockchain adoption easier for institutional clients and businesses looking for tailored solutions.

For more details on Polygon’s latest advancements, check out our article: “Polygon 2.0 Architecture: Unleashing Unlimited Scalability.”

Arbitrum and Optimism: Competitive Landscape

The Layer 2 solutions Arbitrum and Optimism both use Optimistic Rollups, the same scaling technology as Soneium, to enhance transaction speed and reduce costs. These platforms are already well-established within the Ethereum ecosystem and serve as key infrastructures for decentralized finance (DeFi) applications, making them direct competitors to Soneium.

While Arbitrum and Optimism focus on refining existing blockchain infrastructure and optimizing performance, Soneium takes a different approach by integrating blockchain into entertainment, gaming, and enterprise solutions. This strategic focus could position it as a strong contender in attracting a more diverse user base beyond the DeFi sector.

For a deeper dive into the leading Layer 2 solutions, check out our article: “Optimism, Arbitrum, Polygon: The Rise of Ethereum L2 Solutions.”

The Advantage of Sony’s Distribution Channels

Soneium’s standout feature among competitors is its strong media presence and brand backing from Sony. With an extensive ecosystem and a massive global user base, Sony provides Soneium with a clear advantage in attracting new users. 

While Polygon and Arbitrum rely on partnerships to expand their reach, Soneium benefits from Sony’s existing infrastructure, enabling faster adoption of digital financial services across mainstream markets.

Soneium leverages Sony’s distribution network — The Coinomist
Soneium leverages Sony’s distribution network. Source: criptofacil

By tapping into Sony’s extensive distribution channels, an upgraded platform, and a robust liquidity incentive program, Aave secures a strong position within the Soneium ecosystem, even amid intense competition in the Layer 2 sector. This partnership has the potential to drive long-term DeFi growth, making decentralized finance more accessible to a wider audience, including newcomers to the crypto space.

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