Share this article
Aave Acquires NFT Mobile Game Sonar for Lens Social Media Integration
With the acquisition, Lens Protocol will be integrated into a game app which claims to have 20,000 active users per month.
By Xinyi Luo
Updated May 9, 2023, 4:04 a.m. Published Dec 5, 2022, 3:00 p.m.
Aave Companies has acquired Sonar, a mobile app whose users pilot non-fungible token-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform.
Lens declined to state the terms of the acquisition, Aave’s first foray into buying out other teams. It will integrate what it termed Lens’ decentralized profile system with Sonar’s avatars – cutesy emojis called “mojis” – to create a singular identity within its metaverse.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Players can log into the Sonar game using Lens, the companies said. The app claimed to have 20,000 monthly active users and thousands of NFTs owners, according to a press release shared with CoinDesk.
Sonar’s NFTs have seen 49 ETH in trading volume since launching in October 2021, according to its OpenSea page. The collection had just over 1,000 different owners at press time.
Along with the acquisition, the startup's executives will join Aave to build its mobile consumer-facing social applications powered by Lens, with other Web3 consumer applications launching in 2023. Aave declined to disclose more information on those plans.
Earlier in May, Aave launched Lens Protocol on Polygon blockchain, allowing developers to build their own decentralized social media applications and marketplaces where users can control their data. The acquisition helps Lens expand to the mobile application, accelerating its social media product strategy based on the Lens Protocol.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Most Influential: Carlos Domingo
The Securitize CEO ground through the uncool years of tokenization while NFTs, FTX and memecoins soaked up the hype. With billions in tokenized assets, a SPAC listing in the works and BlackRock as a flagship client and backer, Carlos Domingo’s early bet is finally paying off.
Top Stories
