ICON Network - ICX

Two-way migration between ICX and SODA closes this Friday, September 25, 2026, five days earlier than the September 30 date previously shared. Final migration deadline and ICON Network shut down remains unchanged, scheduled for December 31.

On 27 August, a vulnerability in the ICON Network migration contract was exploited via a replay attack. This post-mortem covers the root cause, fix, and the ongoing recovery process.

After nine years, the ICON Network is being formally retired for its full transition into SODAX. Following a network proposal, ICON will be permanently shut down on December 31, 2026.

Rewards and emissions on the ICON Network have officially ended. The network has entered economic shutdown for migration to SODA.

ICON Network is migrating to SODAX. ICX emissions end March 26, 2026 with ICX holders migrating 1:1 to SODA. SODAX Stake launches March 16 & SODAX Pool launches March 24. Holders should stake by April 8 to maximize yield from protocol fees.

Balanced’s Savings Rate and liquidity will stop earning rewards in preparation for the ICON Network’s economic shutdown.

ICON Network is halting L1 emissions to transition to SODA & SODAX DeFi. Validators will reduce to 7 nodes as ICX migrates 1:1 to SODA. Secure your assets and prepare for the March 2026 economic shutdown.

Getting ready for migration. But still burning $ICX 🔥

fee-generated burn through @BalancedDeFi has hit 1,000,000!

New ATH for $BTC

New ATH for $ICX Network Owned Liquidity 🤝

More SODAX contracts deployed to Sonic as DeFi infra migrates. The Solver is integrated chain-wide, AMM v4 is deployed, and SDKs begin to take shape — for partners to tap into cross-chain swaps, lending, and intent-based execution.

$5.925.039 💰 owned by $ICX holders.

$BTC: $742K | $ETH: $558K
$BNB: $233K | $SOL: $239K
$AVAX: $275K | $SUI: $302K
$INJ: $214K | $sICX: $400K
$bnUSD: $2.962.520

#poweredbyicx
https://burn.icon.community/

$5.769.888 💰 owned by $ICX holders.

$BTC: $720K | $ETH: $541K
$BNB: $230K | $SOL: $229K
$AVAX: $269K | $SUI: $311K
$INJ: $202K | $sICX: $383K
$bnUSD: $2.884.944

#poweredbyicx
https://burn.icon.community/

SODAX has arrived on its new hub chain, Sonic. Money Market contracts are now live, with the Solvers updated to make the most of their liquidity. Unlocking smarter execution, and scalable DeFi across 8 chains (so far).

We're moving! Don't miss out.

🥤 Follow us @gosodax
🥤 Join the waitlist below http://sodax.com

DeFi shouldn’t just attract value. It should recycle it.

As SODAX, all protocol fees will reinvest in liquidity and growth.

Scaling together 🤝

From generalized L1 to unified DeFi platform — ICON’s journey is entering a new chapter.

Thanks to @Cointelegraph for covering our transformation into @gosodax.

Read the full story:
https://cointelegraph.com/press-releases/icon-project-rebrands-as-sodax-migrating-de-fi-infrastructure-to-sonic

$5.821.497 💰 owned by $ICX holders.

$BTC: $706K | $ETH: $544K
$BNB: $231K | $SOL: $226K
$AVAX: $283K | $SUI: $323K
$INJ: $213K | $sICX: $385K
$bnUSD: $2.910.749

#poweredbyicx
https://burn.icon.community/

Inside ICON returns 📹

And there's plenty to dive into after the announcement of ICON's evolution into @gosodax

Take a look inside with @EyeonICON1 & @andell_anton 👀

Governance approves ICON’s next chapter, as SODAX.

We thank our validators for their trust and dedication in supporting this next part of ICON's journey.

This was a vote for progress. Now to realise our goals.

We know the community has questions — and we’re here for them.

Join our AMA later, to talk through ICON’s evolution into @gosodax.
→ What’s changing
→ What’s staying
→ What it means for $ICX holders

🕐 Live at 9PM UTC