Somnia (SOMI) Price

$0.39

Somnia (SOMI) Price Today

The live price of Somnia is 0.39 USD. In the past 24 hours, the trading volume of Somnia was 179.2M USD, down by -17.59%. The current price has decreased by -75.73% from its 7-day high of 1.62 USD, and increased by -4.97% from its 7-day low of 0.41 USD. With a circulating supply of 1,000,000,000.00 SOMI, the market cap of Somnia is currently 71.3M USD, down by -19.50% in the last 24 hours. Somnia currently ranks #489 by market capitalization among cryptocurrencies.

Somnia (SOMI) Market Data

Market Cap

$63.3M

24h Volume

$179.2M

Circulating Supply

160.2M SOMI

Maximum Supply

1B SOMI

Fully Diluted Market Cap

$395.4M

Liquidity Indicator

282.87%

About

Rate

Buy

Leaderboard

FAQ

About Somnia (SOMI)

What Is Somnia Network (SOMI) and How Does It Work?

Somnia Network (SOMI) is a next-generation Layer-1 blockchain built to power large-scale consumer applications like gaming, social platforms, metaverse worlds, and decentralized finance (DeFi). Unlike many chains that struggle with congestion and high fees, Somnia is EVM-compatible, meaning it supports Ethereum smart contracts while offering far greater throughput and lower costs.

At its core, Somnia delivers over 1,000,000 transactions per second (TPS) with sub-second finality, making it one of the fastest blockchains in the market. This performance is achieved through a combination of advanced technologies:

• MultiStream Consensus – processes transactions in parallel streams for massive scalability.

• Accelerated Sequential Execution (ASE) – optimizes contract execution for speed and efficiency.

• IceDB – a high-performance database layer designed to handle real-time workloads.

The network’s native token, SOMI, powers transactions, staking, and governance. Half of all gas fees are burned, creating a deflationary supply model. This design allows developers, creators, and players to interact seamlessly with Web3 applications, making Somnia a strong candidate for mainstream blockchain adoption.

When Did Somnia Network Launch?

Somnia Network officially launched in 2025, developed by a team of blockchain engineers and supported by Improbable and its MSquared (M²) metaverse ecosystem. The project was designed to address Ethereum’s scalability limits and unlock a new era of real-time, mass-consumer blockchain applications.

Its mainnet went live in Q3 2025, coinciding with the listing of its native token SOMI on major exchanges like BingX. The launch included an airdrop campaign to reward early testnet users, NFT holders, and community participants, signaling Somnia’s focus on grassroots adoption and developer engagement.

Somnia Roadmap Highlights

• Q2 2024: Testnet release with developer onboarding and early airdrop campaigns.

• Q3 2025: Mainnet launch, SOMI token listing, and validator staking.

• Late 2025: Expansion of ecosystem dApps (gaming, DeFi, NFT marketplaces).

• 2026 and beyond: Full governance rollout, cross-chain interoperability features, and broader adoption through partnerships with game studios and metaverse platforms.

What Are the Main Use Cases for SOMI Token?

The SOMI token is the backbone of the Somnia Network, serving multiple roles across the ecosystem. Its key use cases include:

• Transaction Fees (Gas): Used to pay for all transactions and smart contract executions on the network.

• Staking & Delegation: Validators stake SOMI to secure the network, while holders can delegate to earn staking rewards.

• Governance: Future protocol decisions will be shaped by SOMI holders through decentralized governance.

• Ecosystem Utility: Powers in-game assets, NFT minting, DeFi operations, and other consumer-facing dApps.

• Deflationary Mechanism: With 50% of gas fees burned, SOMI introduces scarcity over time.

On BingX, you can trade SOMI tokens directly on the Spot Market by selecting trading pairs like SOMI/USDT and placing buy or sell orders. The platform offers real-time price charts, low fees, and fast execution, making it easy for both beginners and pro traders to access SOMI.

What Is Somnia Network Tokenomics?

The native token SOMI has a maximum supply of 1 billion tokens (1,000,000,000), with no inflation. At launch in September 2025, the circulating supply was around 160.2 million SOMI (≈16% of total supply).

SOMI Token Allocation

• Community & Airdrops: ~5% – distributed to early testnet users, NFT holders, creators, and active community members.

• Binance HODLer Airdrop Program: 3% – allocated to BNB Simple Earn participants.

• Ecosystem Growth & Incentives: ~25% – to fund gaming, DeFi, NFT marketplaces, and developer adoption.

• Staking & Validator Rewards: ~20% – for validators and delegators securing the network.

• Team & Advisors: ~15% – subject to multi-year vesting schedules with lock-up periods.

• Investors (Seed & Private Rounds): ~20% – locked and vested gradually to avoid market shocks.

• Treasury & Partnerships: ~12% – to support future governance, cross-chain expansion, and strategic collaborations.

How to Claim Somnia Airdrop

The Somnia Airdrop (2025) was designed to reward early community members, developers, creators, and select NFT holders for supporting the network before its mainnet launch. Eligibility included testnet participants, contributors in ecosystem events, and holders of partner NFTs, with allocations verified through Somnia’s official airdrop checker tool.

The claim window opened in Q3 2025, with 20% of rewards unlocked immediately and the remaining 80% vested linearly over 60 days.

To claim SOMI tokens, eligible users need to:

1. Visit the official airdrop.somnia.network page

2. Connect a supported wallet such as MetaMask

3. Verify eligibility using the checker

4. Confirm and sign the claim transaction on-chain

5. Wait for SOMI tokens to appear in the wallet balance.

Always ensure you are on the official Somnia website to avoid phishing scams.

What Blockchain Network Does Somnia Token Operate on?

Somnia operates on its own EVM-compatible Layer-1 blockchain, purpose-built to deliver ultra-high scalability for mass-market applications. Unlike Layer-2 solutions that depend on Ethereum, Somnia is a standalone network with innovations like MultiStream Consensus and IceDB that enable over 1 million transactions per second (TPS) and sub-second finality. Its Ethereum compatibility ensures developers can seamlessly deploy existing dApps while benefiting from Somnia’s speed and low fees.

Which Wallets Support SOMI Tokens?

The most convenient and secure option for storing SOMI tokens is directly on BingX. By keeping your SOMI in your BingX account, you can instantly access trading pairs, stake or transfer tokens, and use BingX’s built-in security features like cold storage, two-factor authentication (2FA), and Proof of Reserves. This eliminates the risk of mismanaging private keys while giving you full flexibility to trade SOMI on the Spot and Futures markets whenever you want.

If you prefer self-custody, SOMI is supported by Ethereum-compatible wallets since Somnia is an EVM-based Layer-1 network. Popular choices include MetaMask, Trust Wallet, and Base App, where you can manually add SOMI’s contract address to track and manage tokens. For users focused on long-term holding and security, hardware wallets such as Ledger or Trezor provide cold storage protection. Always ensure you download wallets from official sources and double-check contract details before adding custom tokens.

Is Somnia Network (SOMI) a Good Investment?

Somnia Network stands out as a strong investment opportunity because it directly addresses one of the biggest bottlenecks in blockchain technology, scalability without compromising decentralization. With over 1,000,000 TPS, sub-second finality, and full EVM compatibility, it enables real-time gaming, metaverse, and DeFi applications that traditional blockchains cannot handle efficiently. Its partnerships with Improbable and MSquared further strengthen its adoption potential, giving SOMI exposure to large-scale Web3 projects and mainstream consumer platforms.

From a tokenomics perspective, SOMI benefits from a deflationary design where 50% of gas fees are burned, reducing supply over time. The distribution model also balances short-term incentives like airdrops with long-term sustainability through staking and vesting schedules. Combined with strong exchange listings (including Binance), growing developer activity, and community-driven governance, SOMI positions itself as both a utility token for active use and a long-term value asset within the evolving Web3 landscape.

Information source

Official Website

Whitepaper

Somnia (SOMI) Price Converter

SOMI to USD

1 SOMI = $ 0.39

SOMI to VND

1 SOMI = ₫ 10,436.16

SOMI to EUR

1 SOMI = € 0.33

SOMI to TWD

1 SOMI = NT$ 12.14

SOMI to IDR

1 SOMI = Rp 6,504.11

SOMI to PLN

1 SOMI = zł 1.44

SOMI to UZS

1 SOMI = so'm 4,908.03

SOMI to JPY

1 SOMI = ￥ 58.64

SOMI to RUB

1 SOMI = ₽ 32.04

SOMI to TRY

1 SOMI = ₺ 16.28

SOMI to THB

1 SOMI = ฿ 12.78

SOMI to UAH

1 SOMI = ₴ 16.34

SOMI to SAR

1 SOMI = ر.س 1.48

Somnia Price Converter

How to Buy Somnia (SOMI)

Create & Verify Your Account

Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade Somnia SOMI and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy SOMI Guide

Trending Crypto Assets

Discover the most traded crypto assets on BingX over the last 24 hours.

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

GATA

PTB

$0.02867

+91.13%

CARDS

$0.2449

+206.12%

CDL

$0.02366

-13.01%

Frequently Asked Questions about Somnia (SOMI)

How much is 1 Somnia (SOMI) worth?

What is the price prediction for Somnia (SOMI)?

What is the all-time high price of Somnia (SOMI)?

What is the all-time low price of Somnia (SOMI)?

How many Somnia (SOMI) are there in circulation?

What is the market capitalization of Somnia (SOMI)?

Where can I buy Somnia (SOMI)?

How to trade Somnia (SOMI) on BingX?

What affects the price of Somnia (SOMI)?

How do I cash out my Somnia (SOMI)?

Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

By accessing and using this platform, you agree to comply with our Terms of Use.

Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.

For more detailed information, please refer to our Risk Disclosure Statement.