Documentation

Getting Started with Meteoric

Learn how to connect your wallet and start earning yield on Sonic Chain's premier money market protocol.

📹 Video Tutorials

Watch step-by-step video guides to help you get started with Meteoric.

Video Tutorial

Coming Soon

How to Connect Your Wallet

Learn how to connect MetaMask or WalletConnect to Meteoric in under 2 minutes.

Video Tutorial

Coming Soon

Your First Supply Transaction

Step-by-step guide to supplying your first assets and start earning yield.

Quick Start in 3 Steps

1

Connect Your Wallet

Click the "Connect Wallet" button in the top right corner. Meteoric supports MetaMask, WalletConnect, and other popular Sonic Chain wallets.

2

Supply Assets

Navigate to the Supply section and deposit your assets (S, WETH, scBTC, USDC, USDT). You'll immediately start earning yield based on current APY rates.

3

Borrow or Earn Points

Use your supplied assets as collateral to borrow other assets, or simply hold your position to accumulate points that can be redeemed for rewards.

What is Meteoric?

Meteoric is a decentralized money market protocol built on Sonic Chain that enables users to supply assets to earn yield and borrow assets against their collateral. The protocol operates through an autonomous interest rate algorithm that adjusts rates based on supply and demand dynamics.

Unlike traditional finance, Meteoric is **non-custodial** (you always control your assets), **permissionless** (no KYC required), and **transparent** (all transactions are on-chain and verifiable). Every interaction with the protocol earns you points that can be redeemed for real rewards through our gamified loyalty system.

Supported Assets

S

Sonic (S)

Native gas token

Supply APY: VariableBorrow APY: Variable
Ξ

Wrapped Ethereum (WETH)

Bridged ETH

Supply APY: VariableBorrow APY: Variable
â‚¿

Sonic Bitcoin (scBTC)

Bridged BTC

Supply APY: VariableBorrow APY: Variable
$

Stablecoins

USDC, USDT

Supply APY: VariableBorrow APY: Variable

All APY rates are dynamic and adjust automatically based on market utilization. Higher utilization leads to higher rates for suppliers and borrowers.

Safety & Security

Non-Custodial Protocol

Your assets remain in your wallet until you explicitly supply them. You can withdraw at any time (subject to available liquidity).

Automated Liquidation Protection

The protocol monitors your health factor 24/7 and sends alerts if your position approaches liquidation risk. You'll receive notifications to add collateral or repay debt.

Transparent On-Chain Operations

All transactions are recorded on Sonic Chain and can be verified through block explorers. No hidden fees or opaque processes.

Smart Contract Risk

As with all DeFi protocols, smart contract risk exists. Never supply more than you can afford to lose, and always maintain a healthy collateral ratio when borrowing.

Next Steps