Main Projects
The ICON Foundation primarily supports the development and promotion of SODAX, a next-generation DeFi protocol that evolved from the ICON Project.
SODAX Protocol
SODAX is a next-generation decentralized finance (DeFi) protocol that enables seamless cross-chain trading and liquidity provision. Designed as foundational infrastructure for the broader ecosystem, SODAX unifies liquidity across multiple blockchains, empowering developers and users with a more efficient and interoperable DeFi experience. It represents a key step toward the future of decentralized, multi-chain asset management.
SODAX.com
SODAX.com is a web application built on the SODAX Protocol, offering a comprehensive suite of decentralized finance services — including cross-chain swaps, lending, and savings. By integrating SODAX's intent-based execution and unified liquidity layer, SODAX.com delivers a simple and powerful user experience for anyone looking to access DeFi across multiple blockchains.
Contributed Projects
The ICON Foundation supports other innovative decentralized technologies, products, and services that are complementary to the SODAX Protocol and SODAX.com. Our contributions span multiple blockchain ecosystems and use cases, from wallet infrastructure to DeFi protocols, each contributing to the broader vision of decentralized technology adoption.
Hana Finance
Hana Wallet is a cross-chain, non-custodial crypto wallet that empowers users to securely buy, hold, spend and trade digital assets across multiple blockchains with simplicity and confidence. Built with the SODAX Protocol, Hana Wallet makes blockchain technology accessible — whether you're an experienced user or new to Web3. With intuitive multi-chain asset management, in-app trading and direct user control of private keys, Hana Wallet brings seamless access to decentralized finance without intermediaries.
Balanced Network
Balanced Network is a decentralized finance platform that offers cross-chain borrowing, trading and earning. Via the native stablecoin (bnUSD) and integrated exchange, Balanced enables users to borrow against collateral, swap assets across chains, and earn savings rates — all in one unified interface. The platform leverages SODAX Protocol for efficient execution and unified liquidity routing, positioning Balanced as a major multi-chain DeFi gateway.
Supercycl
Supercycl is a next-generation trading platform that aggregates both centralized (CEX) and decentralized (DEX) markets to offer perpetual futures trading with deep liquidity, advanced tools, and simplified access. By combining the best of both worlds, Supercycl delivers smart execution, access to global markets, and efficient capital use — helping traders and institutional participants engage in DeFi derivatives with ease.
radFi
radFi is an automated market-making protocol built for Bitcoin and native "runes" that executes swaps and liquidity provisioning directly on the Bitcoin mainnet. It enables liquidity providers to deploy capital within customizable ranges and offers instant swaps between Bitcoin-native assets without relying on external chains. radFi is designed to deepen liquidity, broaden Bitcoin-centric DeFi, and open new trading strategies for users in the Bitcoin ecosystem.
Sudoblock
Sudoblock is a blockchain infrastructure company providing high-performance node operations and multi-chain developer tooling. Through its platform and SDK, Sudoblock simplifies blockchain integration by offering unified access to multiple networks, enabling developers to build, sign, and deploy across chains with ease. Its efficient infrastructure and open-source framework strengthen interoperability and support the broader growth of the decentralized ecosystem.
Sonic Network
The Sonic Network is a next-generation EVM-compatible Layer 1 blockchain developed by Sonic Labs, offering ultra-high throughput and sub-second finality for scalable and performant Web3 applications. Built on the foundation of speed and interoperability, Sonic serves as the primary hub network for the SODAX Protocol. The ICON Foundation contributes to the network's decentralization by operating a validator and participating in its governance.
Publications
The Blockchain Transmission Protocol ("BTP") is a chain-agnostic and trustless generic messaging protocol that is designed to minimize this tradeoff with the use of gas-efficient, on-chain light clients.
A governance mechanism designed to ensure the security and integrity of Contribution Proposals.
The On-chain Decentralized Autonomous Governance System for Managing and Implementing Changes to the ICON Network
This paper outlines our 2017 vision and philosophy of the ICON Project and details on the supporting proprietary technologies that have been in development in the years leading up to 2017.