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Binance Listing Puts Somnia (SOMI) on the Spot

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Binance will launch a new SOMI/USDT perpetual futures contract for the Somnia L1 blockchain on August 25
  • Binance has announced the upcoming launch of a SOMI/USDT perpetual futures contract
  • The token represents the native asset of Somnia, which is a high-performance, EVM-compatible Layer-1 blockchain focused on Web3 applications, especially in gaming and entertainment
  • SOMI’s total supply is capped at 1 billion, with the coin designed for gas, staking, validator rewards, and future governance

Binance has announced it will launch a perpetual futures contract for a new token called SOMI, a move that puts the spotlight on a new gaming-focused blockchain. SOMI/USDT perpetual futures contract will begin pre-market trading on August 25, 2025, at 09:30 UTC, with up to 5x leverage allowed for traders. 

What Is Somnia (SOMI)?

This token represents the native asset of Somnia, which is a high-performance, EVM-compatible Layer-1 blockchain focused on Web3 applications, especially in gaming and entertainment. The contract will be USDT-settled and available around the clock, with an intriguing funding rate structure that includes fixed rates during pre-market trading.

During the pre-market phase, the mark price will reflect a 10-second trade average, updated every secon…

The post Binance Listing Puts Somnia (SOMI) on the Spot appeared first on Coin Edition.

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