
HCS Score
72/100
Research Opinion, Not a Fatwa
Pre-launch project
Market data will populate once the project goes live. The scoring below is a preliminary review by the CoinStudy Shariah Board.
These are absolute prohibitions in Islamic finance. If any red line is triggered, the asset is automatically classified as HARAM.
Ecosystem Riba Exposure
Not directly or indirectly connected to interest generating mechanisms
Gambling / Betting
No gambling or betting mechanism
Haram Industry
Not involved in haram industry
The asset is scored across 7 Shariah principles.
Based on Red Line Screening and HCS Scoring.
Halal with Concerns
This cryptocurrency is evaluated as Halal with Concerns because certain financial, structural, or speculative risks remain within the CoinStudy HCS framework.
Explanation
This asset demonstrates moderate alignment with Sharia principles, though certain financial or structural concerns remain.
Reviewed by
CoinStudy Shariah Board
Sony Corporation needs no introduction.
Founded in Tokyo in 1946 by Masaru Ibuka and Akio Morita, Sony has built one of the most recognized brands in the history of consumer technology. PlayStation has sold over 590 million units across its console generations. Sony Music represents some of the most widely distributed music catalogues in the world. Sony Pictures has produced and distributed some of cinema's most commercially successful films. Sony's semiconductor division supplies image sensors to approximately half of the world's smartphones.
This is the corporate pedigree behind Soneium.
Sony Block Solutions Labs, a joint venture between Sony Group Corporation and the Startale Group, launched Soneium as an Ethereum Layer 2 blockchain on January 14, 2025, following an extensive testnet period. The project carries the weight of Sony's institutional credibility, its distribution relationships across entertainment and consumer electronics, its patent portfolio in digital asset management, and its strategic positioning at the intersection of intellectual property, creator economy, and blockchain infrastructure.
Soneium is an Ethereum L2 that has facilitated more than 500 million transactions, with 5.4 million active wallets and upwards of 250 live applications. The Soneium Score engagement program has completed twelve seasons. An Ambassador Program launched in June 2026. Sony Bank is planning a dollar-pegged stablecoin. The ecosystem is growing with genuine institutional backing and a specific focus on entertainment, gaming, creator economy, and fan engagement that differentiates it from generic Layer 2 infrastructure plays. EAK Digital
For Muslim investors, Soneium presents a genuinely complex compliance picture. The infrastructure is a neutral and largely permissible Ethereum Layer 2. Sony's underlying businesses of electronics, gaming, music, and film content are predominantly permissible. The points program that incentivizes ecosystem engagement rewards some permissible activities and some impermissible ones simultaneously. And the ecosystem hosts some of the most well-known Haram-classified DeFi protocols by name on its official partner page.
We ran Soneium through the full CoinStudy Halal Crypto Standard (HCS) methodology with comprehensive research into all available 2026 information. Here is the complete picture.
Soneium passes all five CoinStudy HCS Sharia red-line checks at the infrastructure level. The preliminary score is 72 out of 100 Halal With Concerns. Sony's Ethereum Layer 2 built on the OP Stack inherits Optimism's permissible infrastructure profile while adding genuine entertainment industry utility that no other Layer 2 can claim. The concerns that prevent a higher score are specific and addressable: the Soneium Score program actively promotes interaction with Aave and Morpho Vaults which are Haram-classified, the USDSC stablecoin requires individual compliance assessment, and the absence of any native governance token means there is no tokenomics assessment to make.
Soneium is an Ethereum Layer 2 blockchain developed by Sony Block Solutions Labs, a joint venture between Sony Group Corporation and Startale Group. It uses the OP Stack from Optimism Foundation, making it EVM-equivalent, part of the Superchain ecosystem, and interoperable with other OP Stack chains.
The blockchain's stated vision, as expressed on the official website, is to transcend boundaries and go mainstream. Sony positions Soneium not as a generic blockchain but as specific infrastructure for the creator economy, entertainment industry, intellectual property rights management, fan engagement, and digital ownership for Sony's existing consumer relationships.
The initiative aims to empower creators and enhance fan engagement by providing an integrated suite of blockchain-centric Web3 solutions. Games
The infrastructure features two-second block times, EVM equivalence for developers, account abstraction enabling gasless experiences at the application layer, and ETH as the native gas token. Key infrastructure partners include Astar Network, Alchemy, Chainlink, Circle, The Graph, Optimism, and LayerZero.
Startale Group, Sony's blockchain development partner, was additionally invested in by Samsung, reflecting the broad institutional interest in Sony's blockchain strategy. Samsung invested in Startale Labs because the company is at the forefront of solving key challenges in the Web3 ecosystem by providing essential tools and infrastructure that simplify the development and deployment of decentralized applications. Crypto News Flash
500 Million Transactions and 5.4 Million Wallets
Since Soneium's mainnet launch in January 2025, Soneium has facilitated more than 500 million transactions with 5.4 million active wallets and upwards of 250 live applications. These metrics, confirmed as of June 2026, represent genuine and substantial network adoption rather than speculative metrics. 500 million transactions on a Layer 2 network in approximately 18 months of operation confirms that real users are conducting real transactions. EAK Digital
From a compliance perspective these adoption metrics are relevant to the Utility and Real Use score. A blockchain with 500 million transactions has demonstrated genuine economic activity at scale rather than theoretical future utility.
Soneium Score — Twelve Seasons Completed
Soneium Score is a points program launched on August 28, 2025 divided into several seasons each lasting 28 days. The program rewards users with points for on-chain activity including transactions, liquidity provision, NFT minting, and ecosystem engagement. Users who reach the 80-point threshold each season receive exclusive NFT badges permanently linked to their wallets. Blockhead
The Soneium Score system is the primary engagement mechanism for Muslim investors considering airdrop farming on Soneium. According to the official Soneium Score documentation, four key ways to earn points exist: activity points from transactions, liquidity points from providing liquidity, NFT points from holding or minting NFTs, and bonus points from interacting with specific highlighted protocols.
The July 29, 2026 blog post titled "Soneium Score: Twelve Seasons, One Community" announced the closure of the Soneium Score program after twelve seasons. This closure and the launch of the Ambassador Program in June 2026 signal that Soneium is transitioning from the points-based engagement phase to a more structured community development phase.
The Compliance-Critical Issue — Aave and Morpho in Soneium Score
The most important compliance issue for Muslim investors engaging with Soneium is that the Soneium Score program has explicitly incentivized interaction with Aave and Morpho Vaults as scoring activities.
Per the official Soneium blog on the Soneium Score system: other integrations extend to established DeFi ecosystems including Aave, Velodrome, QuickSwap, Synstation, and Morpho Vaults. Users interacting with these ecosystems can boost their Soneium points while providing liquidity.
CoinStudy classifies Aave as Haram. Aave is a decentralized lending protocol where depositors earn interest income paid by borrowers on outstanding loan balances. This is Riba in its direct DeFi form. Morpho Vaults optimize yield from Aave and similar lending protocols, compounding the Haram connection.
When the Soneium Score program actively promotes depositing into Aave and Morpho Vaults as point-earning activities, it creates a specific institutional recommendation for Muslim investors to engage with Haram financial products in pursuit of Soneium ecosystem rewards. This is the most direct compliance concern in the entire Soneium analysis.
Muslim investors who participate in Soneium's ecosystem for potential future token eligibility should earn points exclusively through the permissible activities described later in this analysis and should not interact with Aave, Morpho, or any lending protocol regardless of the points incentive.
Sony Bank Stablecoin Plans
Nikkei reported that Sony Bank is planning to issue a US dollar-pegged stablecoin as early as fiscal year 2026 for use within Sony's gaming, anime, and content ecosystems. Sony Bank applied for a US banking license in October and has partnered with stablecoin infrastructure provider Bastion for the project. Airdrop Alert
From a compliance perspective, a Sony Bank-issued stablecoin would require individual assessment under the same T-Bill backed reserve framework that makes USDT and USDC fail CoinStudy's screening. The specific reserve composition will determine whether the Sony Bank stablecoin follows the same Riba-adjacent structure as every other conventional dollar stablecoin or whether Sony Bank innovates with a different backing mechanism. CoinStudy will assess the Sony Bank stablecoin when specific details are available.
USDSC — The Ecosystem Stablecoin
Startale Group, teaming up with stablecoin issuance platform M0, has launched a US dollar stablecoin called Startale USD (USDSC) for Sony's web3 ecosystem Soneium. USDSC was designed for payments and rewards within the Soneium ecosystem. Soneium
USDSC is built on M0's universal stablecoin platform. M0's infrastructure typically backs stablecoins with conventional financial instruments including T-Bills and bank deposits that generate interest income. CoinStudy has previously analyzed AUSD, which was also built on M0's infrastructure, and found that its T-Bill backed reserve structure triggered the Ecosystem Riba Exposure red line.
CoinStudy has written a separate and detailed analysis of USDSC available on our website. Muslim investors should review that analysis before engaging with USDSC in the Soneium ecosystem.
Ambassador Program — June 2026
Soneium launched its Ambassador Program in June 2026, creating a structured community representation role for ecosystem advocates. Per the official announcement, ambassadors work to grow the Soneium community and represent the ecosystem in their regions.
Ambassador program participation through community building, content creation, and educational activities is permissible service provision for Muslim investors. This represents the clearest permissible engagement pathway in the post-Soneium Score phase.
No Native $SONY Token Announced
As of August 2026, Soneium has not officially announced a native governance token. Speculation in the crypto community about a potential $SONY token is based on the common pattern of Layer 2 blockchains eventually launching governance tokens and on Soneium's extensive Soneium Score points accumulation program which many participants expect to translate into token allocations.
While Soneium hasn't officially announced a token airdrop, users who engage with the platform's ecosystem may become eligible for future rewards. CryptoRank.io
This absence of a confirmed token is reflected in the Tokenomics Fairness score of 4 out of 10. Without confirmed tokenomics disclosure, no meaningful assessment of distribution fairness, vesting schedules, or insider allocation can be made.
The Sony connection to Soneium is not incidental marketing. It reflects genuine strategic integration between one of the world's largest entertainment and technology conglomerates and blockchain infrastructure.
Sony's relevant business divisions for Soneium integration include Sony Music, which represents artists and manages one of the world's largest music catalogs and can use Soneium for royalty management and fan engagement. Sony Pictures, which can use tokenized intellectual property rights management and content distribution. PlayStation, which can integrate digital asset ownership for in-game items and creator economies. Sony Semiconductor, which supplies image sensors to half the world's smartphones and can integrate Soneium into digital authentication and content provenance systems.
For Muslim investors, this corporate backing matters for the compliance assessment in two specific ways.
First, the Gharar concern from early-stage blockchain infrastructure is substantially reduced when the infrastructure is developed and backed by a $90 billion revenue corporation with 109,000 employees and six decades of global consumer brand trust. Sony does not disappear overnight. The governance, financial resources, and institutional relationships behind Soneium create stability that most Layer 2 projects cannot match.
Second, the underlying business activities Sony brings to Soneium are predominantly permissible. Music distribution, entertainment content, gaming items, and creator economy tools are all permissible economic activities. Sony's integration of these industries with Soneium blockchain infrastructure does not transform permissible content businesses into prohibited financial arrangements.
Muslim investors need to understand precisely how the infrastructure neutrality principle applies to Soneium and where it reaches its limits.
CoinStudy applies the infrastructure neutrality principle to Ethereum, Optimism, Arbitrum, and Solana: the infrastructure itself is permissible neutral technology. Applications deployed on that infrastructure require individual assessment. Ethereum scores 88 out of 100 Halal despite hosting Aave and Compound. Optimism scores 85 out of 100 Halal despite its Superchain members including DeFi protocols.
The same principle applies to Soneium at the infrastructure level. Soneium's OP Stack blockchain is neutral infrastructure. Aave deploying on Soneium does not make Soneium Haram.
However the Soneium Score program creates a specific compliance escalation beyond what applies to Ethereum and Optimism. The Soneium team actively and explicitly named Aave and Morpho Vaults as point-earning activities in the scoring documentation. This moves from passive infrastructure hosting to active institutional promotion of interaction with Haram protocols.
The distinction matters for Muslim investors because:
Using ETH on Soneium without interacting with Aave is permissible. The infrastructure is neutral. The ETH is permissible.
Depositing into Aave on Soneium to earn Soneium Score points is Haram. The specific activity is the same as depositing into Aave anywhere. The points incentive does not change the compliance classification of the underlying activity.
Soneium's core infrastructure generates revenue from transaction fees for processing on-chain activity. No interest-bearing mechanism exists at the protocol level. ETH is the gas token.
The Financial Exposure Risk score of 17 out of 25 reflects the clean core infrastructure alongside eight-point deduction for the ecosystem's hosting of and active promotion of Aave and Morpho lending protocols through the Soneium Score program, the USDSC stablecoin requiring individual compliance assessment, and the planned Sony Bank stablecoin with unconfirmed but likely conventional reserve structure.
The Gharar score of 12 out of 15 is one of the strongest in CoinStudy's Layer 2 analysis series and reflects the extraordinary institutional credibility Sony brings to this infrastructure project.
Sony's global brand, financial resources, legal infrastructure, and strategic commitment to blockchain as a core part of its content and creator economy strategy provide a level of certainty about Soneium's continued development and institutional support that no startup-backed Layer 2 can match. The testnet phase with 14 million accounts and 47 million transactions before mainnet launch reflects methodical development rather than rushed deployment.
Three-point deduction for the absence of a confirmed governance token, the USDSC compliance uncertainty, and the ongoing nature of the Soneium Score program's transition that creates some uncertainty about future engagement mechanics.
The Maysir score of 12 out of 15 reflects Soneium's genuine entertainment and creator economy focus that grounds network activity in productive rather than purely speculative purposes.
Unlike Layer 2 networks whose ecosystem is primarily DeFi speculation, Soneium's explicit focus on creator economy, entertainment IP, gaming, and fan engagement creates a foundation of genuine economic activity beyond price speculation. Sony Music royalties on blockchain, PlayStation digital item ownership, and creator monetization tools are genuine productive economic activities.
Three-point deduction for the speculative element in ecosystem token anticipation that drives much of the Soneium Score engagement activity, and for the DeFi-speculative applications that exist alongside the entertainment-focused use cases.
The Underlying Business Activity score of 14 out of 15 reflects the genuinely permissible nature of Sony's core business integration with Soneium.
Music distribution, film content, gaming items, creator economy tools, fan engagement platforms, and entertainment intellectual property rights management are all permissible economic activities. When Sony uses Soneium to manage royalties, authenticate content ownership, enable direct creator-to-fan relationships, and create digital ownership for entertainment products, these are genuine productive and permissible economic services.
One-point deduction for the DeFi lending protocols hosted and promoted within the ecosystem that represent impermissible business activity coexisting with the permissible entertainment foundation.
The Utility and Real Use score of 9 out of 10 reflects the documented adoption scale that confirms genuine network usage rather than theoretical future utility.
500 million transactions and 5.4 million active wallets in approximately 18 months confirms that Soneium has achieved genuine adoption. 250 live applications across gaming, entertainment, DeFi, creator tools, and commerce confirm broad ecosystem development. The Soneium Score's twelve-season run confirms sustained user engagement. Sony's institutional commitment through dedicated subsidiaries S.BLOX and SNFT confirms ongoing corporate investment. EAK Digital
One-point deduction for the concentration of current on-chain activity in gamified point farming rather than in genuine entertainment and creator economy use cases that represent Soneium's long-term value proposition.
The Tokenomics Fairness score of 4 out of 10 reflects the fundamental limitation that no native Soneium governance token has been officially announced or confirmed. Without any tokenomics disclosure, a meaningful fairness assessment is not possible.
The four points awarded reflect the generally positive signals from Soneium's approach to community building through Soneium Score across twelve seasons, which suggests a broad-based distribution philosophy rather than concentrated insider allocation. The six-point deduction reflects the genuine inability to assess what has not been disclosed.
If and when a $SONY or Soneium governance token is announced, CoinStudy will publish an updated full tokenomics assessment.
The Transparency and Governance score of 4 out of 10 reflects Sony Block Solutions Labs' strong institutional transparency alongside honest acknowledgment of the current centralized governance structure.
Sony's public company status means Soneium's development is subject to institutional disclosure requirements that provide more transparency than typical crypto startups. The official website's documentation, blog updates through twelve Soneium Score seasons, and technical infrastructure visible through public block explorers reflect a reasonable transparency standard.
However Soneium is currently operated as a centralized project by Sony Block Solutions Labs with no on-chain community governance. There is no DAO, no token-based governance, and no mechanism for the community to vote on protocol parameters. The Ambassador Program represents a step toward community involvement but falls far short of genuine decentralized governance. Until a governance token and governance mechanism are established, Soneium's governance remains effectively centralized in Sony's corporate structure.
The compliance guidance for Soneium is specific and actionable. The network itself is permissible infrastructure. Individual activities within the ecosystem require activity-level assessment.
Permissible activities:
Holding ETH on Soneium and using it for genuine transactions on permissible applications is permissible. Using Soneium for gaming applications that do not involve gambling, wagering, or prohibited financial mechanics is permissible. Minting and holding NFTs from permissible creators and entertainment properties is permissible. Earning Soneium Score points through transaction activity, NFT purchases, and gaming interactions on permissible applications is permissible. Participating in the Ambassador Program through community building, content creation, and educational activity is permissible service provision. Bridging ETH to Soneium for use in permissible applications is permissible.
Impermissible activities:
Depositing into Aave on Soneium to earn interest from borrowers is Haram regardless of Soneium Score incentives. Providing liquidity to Morpho Vaults to earn yield from lending protocol optimization is Haram. Interacting with Lido staking derivatives for liquid staking yield carries the same grey area concerns as any LST. Using USDSC in yield-generating mechanisms requires assessment of the specific activity and USDSC's underlying reserve structure.
Muslim investors evaluating Ethereum Layer 2 options for permissible blockchain activity have several well-analyzed options.
Arbitrum scores 87 out of 100 Halal. Optimism scores 85 out of 100 Halal. Both are established optimistic rollup infrastructure with minimal direct promotion of prohibited DeFi protocols in their official ecosystem programs.
Soneium scores 72 out of 100 Halal With Concerns in our preliminary assessment. The lower score relative to Arbitrum and Optimism reflects specifically the Soneium Score program's active promotion of Aave and Morpho interactions as point-earning activities and the USDSC compliance uncertainty rather than any fundamental difference in the underlying infrastructure permissibility.
The unique positive distinction of Soneium versus all other Layer 2 options is Sony's entertainment industry integration. No other Layer 2 brings PlayStation game development, Sony Music royalty management, or Sony Pictures content distribution as genuine real-world use cases to its ecosystem. For Muslim investors interested in creator economy and entertainment blockchain applications specifically, Soneium offers a genuinely differentiated value proposition that Arbitrum and Optimism cannot match.
Ecosystem Riba Exposure — ⚠️ Concern noted at the ecosystem level. Passed at the infrastructure level. Aave and Morpho Vaults actively promoted in Soneium Score program. USDSC compliance requires separate assessment.
Gambling and Betting — ✅ Passed. No gambling mechanism at the infrastructure level.
Haram Industry — ✅ Passed. Entertainment, gaming, creator economy, and blockchain infrastructure are permissible.
Guaranteed Interest — ✅ Passed. No predetermined interest returns on participation at the infrastructure level.
Synthetic Interest Products — ✅ Passed at the Soneium infrastructure level. USDSC assessed separately.
No definitive infrastructure-level red-line failure. Ecosystem activities require individual assessment.
On Financial Exposure Risk, weighted at 25%, Soneium scores 17 out of 25. Clean core infrastructure. Significant deduction for Aave and Morpho ecosystem promotion and USDSC compliance uncertainty.
On Gharar, weighted at 15%, Soneium scores 12 out of 15. Sony's institutional credibility dramatically reduces uncertainty. Deductions for unconfirmed tokenomics and USDSC reserve structure.
On Maysir, weighted at 15%, Soneium scores 12 out of 15. Entertainment and creator economy focus provides genuine productive purpose. Deductions for speculative token farming dynamics in current engagement.
On Underlying Business Activity, weighted at 15%, Soneium scores 14 out of 15. Sony's entertainment, gaming, music, and content businesses are predominantly permissible. One-point deduction for DeFi lending ecosystem coexisting with permissible activities.
On Utility and Real Use, weighted at 10%, Soneium scores 9 out of 10. 500 million transactions and 5.4 million wallets confirm genuine adoption. Twelve Soneium Score seasons confirm sustained engagement. One-point deduction for gamified farming dominating over genuine entertainment utility currently.
On Tokenomics Fairness, weighted at 10%, Soneium scores 4 out of 10. No native governance token confirmed. Assessment not possible without tokenomics disclosure.
On Transparency and Governance, weighted at 10%, Soneium scores 4 out of 10. Strong institutional transparency. Centralized governance without community voting mechanism. No on-chain governance structure.
Preliminary HCS Score: 72 out of 100 — Halal With Concerns
Before engaging with Soneium, ask yourself honestly.
Do I understand that Soneium's core infrastructure is permissible neutral Ethereum Layer 2 technology but that specific activities within the ecosystem including Aave deposits and Morpho Vault interactions are Haram regardless of the Soneium Score incentives attached to them? Am I aware that the Soneium Score program has specifically promoted interaction with Aave and Morpho Vaults as point-earning activities and that earning points through these specific activities is Haram under the same principle that makes Aave Haram on any other chain? Do I understand that USDSC, the Startale-launched stablecoin for the Soneium ecosystem, requires individual compliance assessment before I use it in any yield-generating activity, and that CoinStudy has a separate USDSC analysis on our website? Am I aware that no native $SONY or Soneium governance token has been officially announced and that airdrop expectations are speculative rather than confirmed? Do I understand that the most permissible ways to engage with Soneium for potential future token eligibility are transaction activity on permissible applications, NFT minting from permissible creators, gaming interactions without financial wagering, and Ambassador Program participation through community building?
Soneium receives a preliminary HCS score of 72 out of 100 and is classified as Halal With Concerns under CoinStudy's pre-launch assessment.
The Soneium infrastructure is Ethereum Layer 2 neutral technology that inherits the same permissibility profile as the Optimism OP Stack on which it is built. Sony's entertainment and creator economy integration provides a genuinely permissible and distinctive business foundation that differentiates Soneium from generic DeFi-focused Layer 2 networks. 500 million transactions and 5.4 million active wallets confirm genuine adoption at meaningful scale. Sony's institutional backing reduces the Gharar concerns that affect most blockchain infrastructure projects. EAK Digital
The concerns that prevent a higher classification are specific and honest. The Soneium Score program actively promoted interaction with Aave and Morpho Vaults as point-earning activities, creating an institutional bridge between Soneium's engagement rewards and Haram DeFi lending protocols. USDSC's reserve structure requires individual assessment. No governance tokenomics have been confirmed. Governance remains centralized in Sony Block Solutions Labs without on-chain community voting.
For Muslim investors, Soneium represents a permissible infrastructure choice with specific activity-level cautions. Using Soneium for permissible applications, entertainment ecosystem engagement, creator economy participation, and general on-chain activity while specifically avoiding Aave deposits, Morpho Vault interactions, and any USDSC yield-generating activities is a permissible approach to participating in this ecosystem.
Read detail analysis and concepts here:
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Is AUSD Halal?
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Disclaimer: This pre-launch analysis is provided for educational and research purposes only based on publicly available information. No native Soneium governance token has been officially confirmed at the time of this analysis. This analysis does not constitute a fatwa or financial advice. CoinStudy will publish an updated analysis when and if a native Soneium governance token is announced with confirmed tokenomics. Please consult a qualified Islamic scholar for individual guidance.
Guaranteed Interest
No guaranteed interest obligations
Synthetic Interest Products
No synthetic interest instruments
No Red Line Violations
This asset passed all Sharia red line checks.
Financial Exposure Risk
25%Degree of indirect financial exposure to interest-based products in the broader ecosystem.
Gharar / Uncertainty
15%Clarity in contracts and absence of excessive uncertainty
Maysir / Speculation
15%No gambling-like mechanics or high speculation design
Underlying Business Activity
15%The nature of the project's core business is permissible
Utility / Real Use
10%Genuine utility and real economic value
Tokenomics Fairness
10%Fair distribution, no exploitation, sustainable tokenomics
Transparency & Governance
10%Open-source, audited, clear governance structure