
Somnia (SOMI)
Rank #576
Market snapshot
- Price
- $0.095004
- Market cap
- $23.1M
- 24h volume
- $4.5M
- Circulating supply
- 243,235,907
- Total supply
- 1,000,000,000
- Max supply
- 1,000,000,000
What is Somnia?
Somnia is a high-performance, cost-efficient Layer 1 blockchain that is compatible with Ethereum Virtual Machine (EVM). It enables developers to create decentralized applications (dApps) that can react to data changes and events entirely on-chain. The platform aims to provide environment for various use cases, particularly in the entertainment sector.
How Somnia works
Somnia's architecture allows for over 1,000,000 transactions per second (TPS) with sub-second finality. Its smart contracts can natively query APIs, run deterministic AI models, and scrape websites, all while ensuring consensus validation on-chain. This reactive design empowers developers to build applications that can dynamically respond to real-time data and events.
Key information
- Symbol
- SOMI
- CMC rank
- #576
- Network / platforms
Somnia, Base, BNB Chain, Ethereum
- Categories
- Proof of stake
- Date added
- Aug 6, 2025
Token contracts on other networks
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Base
0x47636b3188774a3E7273D85A537b9bA4Ee7b2535BNB Chain
0xa9616e5e23EC1582c2828B025bEcf3Ef610e266FEthereum
0x1B0F6590d21dc02B92ad3A7D00F8884dC4f1aed9
Key characteristics
Somnia features a reactive blockchain design that supports Solidity extensions, enabling developers to create responsive applications. It is categorized under multiple tags, including binance-ecosystem, layer-1, and entertainment. The project is developed in collaboration with Improbable, which contributes to its technical components.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Somnia (SOMI)?
- Somnia (SOMI) is a Layer 1 blockchain designed to support various applications, particularly in the entertainment sector, and is compatible with the Binance ecosystem.
- How does Somnia operate?
- Somnia operates as a high-performance blockchain capable of processing over 1,000,000 transactions per second with sub-second finality, allowing developers to create responsive applications.
- What are the technical features of Somnia?
- Somnia features a reactive design that allows smart contracts to query APIs and run AI models on-chain, ensuring consensus validation for all operations.
- What are the risks associated with transferring Somnia?
- Users should verify asset and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.
- How can I verify Somnia (SOMI)?
- To verify Somnia, check the asset name, network, and destination details before any transfer, ensuring you are using the correct information.
- Where can I find official resources for Somnia?
- Official resources for Somnia can be found on their website at https://somnia.network/ and in their technical documentation at https://docs.somnia.network/.
Related cryptocurrencies
Listed from stored network and category relationships, not a similarity score.