Funding will support SegaSwap’s growth, SegaSOL rollout, and new two-tier pools for sustainable decentralized trading on Solana.
SegaSwap, a decentralized automated market maker (AMM) built on Solana and Sonic SVM, has closed a $10 million seed round led by Sonic SVM and 10K Ventures.
The funding will support deeper liquidity on Sonic SVM, introduce new pool types, enhance analytics, and expand incentives for liquidity providers.
The capital will allow SegaSwap to enhance routing efficiency, implement broader incentive programs, and ship tooling for teams launching assets on the platform.
The protocol’s “earning stack” includes liquidity provider (LP) farming, ecosystem rewards, and Sega Points, designed to attract long-term participation and sustain user engagement.
A key development is SegaSOL, a liquid-staked SOL (LST) token that allows holders to earn staking yield while using the same capital for swaps, liquidity pools, and farming.
By preserving staking rewards while enabling active capital deployment, SegaSOL functions as a “yield amplifier,” improving efficiency for DeFi participants.
To manage risk and reward, SegaSwap plans a two-tier pool structure on Sonic SVM. Main Pools will host established assets, while Attention Pools will accommodate newer, higher-volatility tokens. Pools can “level up” based on trading volume and total value locked (TVL), with most trading fees flowing back to liquidity providers. Attention Pools are designed to allocate a larger share of fees to compensate for higher risk.
SegaSwap also integrates with Sonic SVM’s Attention Capital Market (ACM) protocol, which links visible on-chain activity and engagement to reward allocation. By tying incentives to actual market participation rather than short-term speculation, ACM encourages sustainable liquidity growth.
The news comes as Sonic SVM’s ecosystem is rapidly expanding, spanning DeFi, NFTs, gaming, and meme tokens.
The platform operates as a high-performance Layer 2 solution on Solana, enabling scalable, sovereign game economies and composable applications. Strategic tokenomics, including buy-and-lock mechanisms and ecosystem incentives, aim to align developers and users with long-term growth..
SegaSwap’s integration into Sonic SVM positions it as a leading DeFi application within the network, combining liquid staking, user engagement incentives, and advanced AMM functionality.
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