Sonic Labs has selected GSR, a veteran crypto market maker, to help supercharge the liquidity of its S token and broader DeFi stack. The firm made the announcement on May 22, emphasizing that this partnership will drive sustainable growth across the protocol.

“GSR is more than just a liquidity partner—they bring unmatched experience and reliability to the table,” Sonic Labs wrote.

GSR to Fuel Project Growth Beyond Market Making

According to the announcement, GSR’s role will include providing liquidity infrastructure across Sonic’s ecosystem, while mentoring early-stage projects and supporting token launches.

“We’re committed to providing projects with the liquidity and confidence they need to thrive,” said Alex Taaffe, GSR’s U.S. Business Lead. “We believe in building strong DeFi foundations, not just filling order books.”

This extended collaboration cements GSR as a full-fledged growth partner in Sonic’s long-term vision.

DeFi Engagement at Sonic Summit Reinforces Community Focus

The partnership’s depth was further reflected in GSR’s sponsorship of Sonic Summit 2025, a three-day event in Vienna that drew some of the biggest names in Web3 infrastructure.

Michael Kong, CEO of Sonic Labs, said the event underscored GSR’s alignment with Sonic’s mission.

“We want partners who live and breathe DeFi. GSR has shown it’s not just about liquidity—it’s about contributing to a thriving on-chain economy.”

Legal Win Against Multichain Caps Off Strategic Month

In parallel, Sonic Labs recently secured a court-ordered liquidation against Multichain Foundation Ltd. in Singapore, following a 2023 exploit that drained over $210 million.

KPMG was appointed to oversee the winding-up process, marking a significant step in Sonic Labs’ recovery efforts. A previous default ruling in Sonic’s favor had already cleared the way for damage claims.

With strategic liquidity now flowing from GSR and legal victories boosting confidence, Sonic Labs is shaping up to be one of DeFi’s most determined comeback stories.