Question 1

What is SODAX (SODA)?

Accepted Answer

SODA is the native token of SODAX, a cross-network liquidity and execution system that lets applications support swaps, lending, borrowing, bridging and other asset movements across different blockchain networks through a single integration. Users specify the outcome of a transaction, while independent solvers provide liquidity and execute it across supported networks.

SODAX developed from the ICON project. In 2025, ICON began moving its DeFi infrastructure to Sonic and transitioning from the ICON Network to SODAX. As part of this change, SODA was introduced to replace ICX, with a migration process allowing ICX holders to convert their tokens into SODA.

SODA has a maximum supply of 1.5 billion tokens, all of which have been minted. Its total supply can decline because part of the fees generated by SODAX is used to buy SODA on the open market and permanently remove those tokens from circulation.

Question 2

What is SODAX (SODA) used for?

Accepted Answer

SODA is used for staking and governance within SODAX. Holders can stake SODA to receive xSODA. Protocol fees allocated to the staking pool are reflected in the exchange rate between xSODA and SODA and staked positions can take part in SODAX governance.

Transactions routed through SODAX carry a protocol fee charged in the asset used to start the transaction. Under the current fee structure, 60% of these fees goes to liquidity inventory used by solvers, 20% funds purchases of SODA that are then burned and 20% goes to the staking pool.

The liquidity inventory is managed by the SODAX DAO and supports the liquidity required to execute transactions across networks. SODA also serves as the replacement token for ICX as the ICON project transitions to SODAX.

Question 3

Who created SODAX (SODA)?

Accepted Answer

SODAX was created by the team behind ICON, a blockchain project that began developing interoperability infrastructure in 2017. The project later shifted from operating the ICON Layer 1 blockchain towards SODAX, with infrastructure moving to Sonic and development focusing on cross-network execution, liquidity and DeFi applications.

Min Kim is the founder and CEO of SODAX. He previously led the ICON project through its development and transition into SODAX.


SODA	ERC20	ETH	0x4A1C82744cDDeE675A255fB289Cb0917A482e7C7	2025-09-16
SODA	ERC20	BASE	0xdc5B4b00F98347E95b9F94911213DAB4C687e1e3	2025-07-24
SODA	ERC20	OP	0x1f22279C89B213944b7Ea41daCB0a868DdCDFd13	2025-07-24
SODA	ERC20	ARB	0x5bda87f18109CA85fa7ADDf1D48B97734e9dc6F5	2026-03-30
SODA	ERC20	AVAX	0x390ceed555905ec225Da330A188EA04e85570f00	2025-07-24
SODA	ERC20	POL	0xDDF645F33eDAD18fC23E01416eD0267A1bF59D45	2025-07-24
SODA	BEP20	BNB	0xdc5B4b00F98347E95b9F94911213DAB4C687e1e3	2025-07-24
SODA	ERC20	HYPE	0xA28C70F92a1B2513edCdDD29c2E5195a4B785aB2	2025-07-24
SODA	ERC20	KAIA	0x772FFE538E45b2cDdFB5823041EC26C44815B9AB	2026-01-08
SODA	ERC20	LL	0x6BC8C37cba91F76E68C9e6d689A9C21E4d32079B	2025-09-05
SODA	ERC20	NIBI	0x5bda87f18109CA85fa7ADDf1D48B97734e9dc6F5	2025-07-24
SODA	ERC20	RBNT	0x5034479da62Ec95360165BB45ead266A48519E85	2025-10-29
SODA	SPL	SOL	8Bj8gSbga8My8qRkT1RrvgxFBExiGFgdRNHFaR9o2T3Q	2025-07-22
SODA		SUI	0x0a0393721732617a2a771535e83c0a46f04aeef7d03239bbbb1249bc0981b952::soda::SODA	2025-07-23
SODA	SAS	XLM	CAH5LKJC2ZB4RVUVEVL2QWJWNJLHQE2UF767ILLQ5EQ4O3OURR2XIUGM	2025-07-23
SODA	NEP141	NEAR	soda.sodax.near	2025-12-12
SODA		INJ	factory/inj1d036ftaatxpkqsu9hja8r24rv3v33chz3appxp/soda	2025-04-01
SODA	HTS	HBAR	0.0.10496105	2026-05-27
SODA		STX	SP3031RGK734636C8KGW2Y76TEQBTVX59Q472EQH0.soda	2026-02-27
soda	ERC20	S	0x7c7d53eecda37a87ce0d5bf8e0b24512a48dc963	2025-07-14