Our intuitive interface and step-by-step guidance makes it simple to open an account. Plus, our knowledgeable customer support team is always available to answer any questions you may have.
With one tap, deploy your ideal cash and stablecoins(such as USDC, USDT). It is invested via our partner registered broker-dealer.
We update the payout every month directly in the Sonic Wallet. You can track the real time interest in the app.
There is no lockup period. You can sell anytime. The amount will be added to your sonicwallet balance that you can withdraw Instantly.
Your stablecoins and Cash are deployed in USA government-backed T-bills and it is custodied at The Bank of New York Mellon | Pershing.
Transparent fee structures. We charge fixed 0.5% of the yield. If the total yield was 5.0%, you get net 4.5%.
T-bills can be easily sold when you need your money back.
A Treasury Bill (T-Bill) is a short-term U.S. government debt obligation backed by the Treasury Department with a maturity of one year or less. T-Bills are very low-risk and secure.
Treasury Bills’ terms range from four weeks to 52 weeks(4, 8, 13, 17, 26, and 52 weeks).
Yes . It can be hold a bill until it matures or sell it before it matures.
Minimum is $100.
Federal taxes are due on the interest earned. There is no state or local taxes