If you’ve ever scanned a QR code to log into a DeFi app with your wallet, chances are you’ve already used WalletConnect. It’s one of those protocols most people don’t think about, yet it quietly powers millions of interactions across the crypto ecosystem every single day.
Launched back in 2018, WalletConnect was born from a simple but powerful idea: what if any wallet could connect to any dApp, securely, without browser extensions or clunky integrations?
Fast forward to today, and that idea has turned into a cornerstone of Web3:
Over 600 wallets integrated. More than 65,000 dApps supported. 300+ million secure connections facilitated. A user base of almost 50 million unique wallets.
That’s not just adoption — that’s infrastructure.
Why WalletConnect Matters
Before WalletConnect, most wallet-to-dApp interactions were messy. You either installed browser extensions, manually imported keys, or relied on centralized solutions that undermined the whole idea of self-custody.
WalletConnect fixed this by creating a chain-agnostic, encrypted bridge between wallets and apps. Whether you’re on Ethereum, Solana, Optimism, or another network, the process is the sam
Open the dApp. Scan a QR code (or click a deep link). Approve the connection in your wallet.
Done. You’re connected, without leaking private keys or jumping through hoops.
It’s that simplicity — combined with robust encryption — that made WalletConnect the default way most of us interact with Web3 today.
Under the Hood: How It Works
While the user flow feels seamless, the backend is clever:
Pairing & sessions
The dApp and wallet establish a session (often kicked off by a QR code). This is essentially a secure channel between them. End-to-end encryption
Messages are encrypted before leaving your device, so even the relays that route the messages can’t read them. Relay network
WalletConnect runs a distributed network of service nodes that forward encrypted messages between dApps and wallets. They don’t see what’s inside, only where to send it. Multi-chain flexibility
With WalletConnect v2, a single session can support multiple blockchains. That means you can use one connection to interact with Ethereum, Solana, or Optimism without juggling separate approvals.
The result? A secure, private, and flexible system that feels effortless to the user.
The WalletConnect Network & $WCT Token
WalletConnect isn’t just a protocol anymore — it’s a network with its own governance and incentives.
That’s where the $WCT token comes in. Launched first on Optimism and later expanded to Solana, WCT powers governance, staking, and rewards for service node operators. In simple terms:
Governance → WCT holders can help shape how the network evolves. Staking → Node operators can stake WCT to help secure the network. Rewards → Participants are incentivized for keeping the infrastructure running smoothly.
The Solana expansion even came with a 5M WCT claim program, signaling WalletConnect’s intent to truly go multichain.
Adoption at Scale
The numbers speak for themselves:
300 million+ connections made possible. 65,000+ apps integrated, from DeFi giants like Uniswap to NFT marketplaces and gaming dApps. 600+ wallets, meaning whether you use MetaMask, Phantom, Rainbow, or a niche option, you’re probably covered. Around 47.5 million active wallets connected through the protocol.
For developers, one WalletConnect integration means instant access to an enormous user base. For users, it means freedom: your favorite wallet just works wherever you go in Web3.
Security by Design
WalletConnect’s biggest strength is its privacy-first architecture:
Messages are end-to-end encrypted. Users must explicitly approve every session and transaction. The protocol is open-source, making it transparent and auditable.
Of course, no system is flawless. Risks at the wallet or user level (like phishing or malware) still exist, but at the protocol layer, WalletConnect is built to minimize trust and maximize safety.
The Road Ahead
WalletConnect is already the invisible backbone of Web3 connections, but its vision goes further:
Decentralized relay nodes — moving from foundation-led to fully community-run infrastructure. Enhanced UX — features like session recovery and gasless transactions to smooth rough edges in the user experience. Cross-chain identity — using WalletConnect as a base layer for secure, portable Web3 identity.
If successful, WalletConnect won’t just be a bridge between apps and wallets — it will be the connective tissue of the decentralized internet.
Final Thoughts
The best infrastructure is the kind you don’t notice. You don’t think about TCP/IP when browsing the web — and in the same way, most Web3 users don’t think about WalletConnect. But without it, half the apps we use daily wouldn’t be accessible from mobile wallets or across chains.
By combining ease of use, ironclad encryption, and a governance-driven future, WalletConnect has cemented itself as one of the most important yet underrated projects in the crypto ecosystem.
The next time you scan a QR code to log into a dApp, remember: behind that simple click is a protocol quietly shaping the future of Web3.
Dolomite: The DeFi Super-App Unlocking 1,000+ Assets
When most people think about lending and borrowing in DeFi, a few familiar names pop up — Aave, Compound, Maker. These giants have shaped how decentralized money markets look today. But they also have something in common: they support a limited set of assets, usually the “blue chips.” If you want to borrow against a long-tail token, or trade on margin using something less mainstream, you’re out of luck.
Enter Dolomite — a lending, borrowing, and margin-trading protocol that dares to be different. Instead of restricting you to a few dozen tokens, Dolomite has designed a system that can support over 1,000 unique assets, making it the most comprehensive DeFi platform of its kind. And the real kicker? It does this while letting you keep the rights and utilities of your tokens — whether that’s staking, governance voting, or yield earning.
What Makes Dolomite Different?
The DeFi landscape is crowded, but Dolomite stands out in three big ways:
Breadth of assets
While Aave or Compound may list 20–30 markets, Dolomite has built a framework that can handle over 1,000. This unlocks liquidity and borrowing opportunities across an entirely new spectrum of tokens — including long-tail assets that most protocols ignore. Integrated design
Instead of splitting trading, lending, and margin into different platforms, Dolomite combines everything under one roof. That means you can deposit tokens, use them as collateral, borrow against them, and open a leveraged position — all within the same system. Keeping DeFi-native rights
In many protocols, once you deposit your tokens, you lose the ability to use them elsewhere. Dolomite flips this on its head by letting you retain your token utilities. You can lend your assets while still being able to stake them, vote in governance, or capture their yield streams.
Think of it as a DeFi super-app: part exchange, part money market, part leverage engine — but designed so you don’t have to sacrifice utility for liquidity.
How Dolomite Works Under the Hood
At its core, Dolomite is built on Arbitrum, a layer-2 scaling network for Ethereum. That gives it the speed and low fees DeFi users expect without compromising on security.
Here’s a simplified breakdown:
Markets for each token. Every supported token gets its own “market” with parameters like interest rates, collateral factors, and liquidation thresholds. Smart price oracles. Dolomite uses reliable data feeds (e.g., Chainlink) to keep asset prices accurate and protect against manipulation. Virtual liquidity. Instead of demanding massive pools of locked capital, Dolomite uses a system that lets liquidity be reused and stretched across different activities. This makes it capital-efficient and allows smaller markets to function effectively. Margin and cross-collateralization. You’re not stuck with one token as collateral. You can borrow against multiple assets, open leveraged trades, or hedge positions — all while the system tracks your combined portfolio health.
The Role of the DOLO Token
Every DeFi platform has a native token — Dolomite is no exception. The DOLO token serves governance and incentive purposes. Holders can participate in shaping the future of the protocol, while incentives can reward users for providing liquidity, borrowing, or using the platform’s advanced features.
While the specifics of emissions and rewards may evolve, the idea is to make DOLO the glue that holds together Dolomite’s ecosystem.
Security & Audits
Supporting 1,000+ assets is no small feat, and with scale comes risk. Dolomite has gone through third-party audits and also runs a bug bounty program to encourage security researchers to report issues responsibly.
Still, like with any DeFi protocol, risks exist:
Smart contract bugsOracle manipulation Thin liquidity on smaller tokens Systemic risks from cascading liquidations
Dolomite is transparent about these risks, and the team encourages users to start small and always do their own due diligence.
Why It Matters
Here’s why Dolomite could be a game-changer:
For long-tail tokens: Projects outside the top-50 finally get a serious lending/borrowing venue. For active traders: Built-in margin trading creates strategies that normally require multiple platforms. For DeFi-native users: You don’t have to give up governance rights or staking yield just because you need liquidity.
In short, Dolomite is designed for the power users of DeFi — people who want access to more markets, more flexibility, and more capital efficiency.
Final Thoughts
Dolomite is still young compared to giants like Aave, but its ambition is clear: to become the most comprehensive DeFi money market in existence. Supporting 1,000+ assets is not just a gimmick — it’s a statement that the future of DeFi isn’t about limiting users to a handful of tokens, but empowering them to unlock value wherever it lives.
If you’re a DeFi veteran looking for advanced strategies, or if you hold niche tokens you’ve never been able to borrow against, Dolomite may just be worth exploring.
But as with any DeFi protocol, caution is key: read the docs, check the audits, and test the waters before you dive in deep.
Mitosis: Turning DeFi Liquidity Into Living, Programmable Money
DeFi has been around long enough to prove two things:
The appetite for yield is global. The infrastructure is still clunky, fragmented, and often inefficient.
Most of us know the feeling: you lock funds into a liquidity pool or staking contract, and that capital is essentially frozen. If you want to use it elsewhere—say, as collateral to borrow, or to participate in another yield farm—you usually need to withdraw, bridge, and re-deposit. This wastes time, racks up fees, and fragments liquidity across dozens of protocols and chains.
Mitosis steps in with a bold promise: to make liquidity positions themselves programmable. Instead of being dead weight once locked, they become dynamic components—like Lego bricks—that can be recombined, repurposed, and extended into entirely new financial structures.
Why Liquidity Needs a Rethink
Liquidity is the lifeblood of DeFi, but it comes with three big problems:
Capital Inefficiency: LP tokens are usually static. You earn fees or rewards, but the underlying position can’t be put to work elsewhere. Opacity of Yield: Returns often mix principal and variable yield in ways that make risk hard to separate or manage. Cross-Chain Fragmentation: As DeFi sprawls across L1s, L2s, and app-chains, liquidity becomes siloed and less fungible.
Mitosis is designed as an answer: a protocol that abstracts liquidity out of its walled gardens, wraps it in a programmable form, and gives developers tools to recombine it into more efficient financial primitives.
The Core Idea: Hub Assets
When you deposit into Mitosis, you don’t just receive a plain LP token. You get a Hub Asset—a standardized, chain-neutral representation of your liquidity.
These hub assets are fungible: ETH staked on one chain and ETH staked on another can be expressed as the same type of programmable asset within the Mitosis framework. They are composable: you can lend them, trade them, use them as collateral, or even split them into separate principal and yield components. They are portable: because they are issued on Mitosis’ coordination layer, they can interact across chains without losing their underlying backing.
Think of Hub Assets as a kind of “universal wrapper” for liquidity—one that makes your position both liquid and programmable.
Building Blocks of the Protocol
Mitosis achieves this through a stack of components:
Vaults & Adapters: Where users deposit assets. These vaults can connect to AMMs, staking pools, or other protocols. Hub Assets: The tokenized output that represents your liquidity. These act as the programmable Lego bricks. Decomposition Tools: Contracts that let you split a hub asset into principal + yield, or recombine it into different tranches. Cross-Chain Coordination: A neutral layer that tracks the state of assets across chains, ensuring that hub assets always remain backed and fungible.
It’s not just a wrapper layer—it’s an execution environment that allows liquidity to move and transform without friction.
What You Can Do With It
Here’s where it gets exciting. Once liquidity is programmable, you can start building with it:
Use LPs as Collateral: Instead of parking LP tokens in a vault, you can use them to borrow stablecoins while still earning fees. Trade Principal vs. Yield: Risk-averse users can hold the principal token, while yield-seekers can speculate on the variable side. Curated Liquidity Campaigns: Protocols can launch short-term liquidity drives (think: “high-yield campaigns”) that plug directly into hub assets. Cross-Chain Rebalancing: Liquidity can flow to wherever demand is highest, without manual bridging.
In short: capital gets to work harder, with fewer barriers.
The Token Side
The protocol is powered by MITO, its native token. MITO plays roles in governance, staking, and incentive alignment. Variants like gMITO or tMITO extend its utility for long-term staking or cross-chain balancing.
Importantly, MITO isn’t just another farm-and-dump token. Its design is tied directly to how liquidity is coordinated, meaning it sits at the heart of Mitosis’ economic engine.
Security & Trust
Of course, the biggest question in DeFi is always: Can I trust it?
Mitosis has undergone audits from recognized firms, and it’s monitored by on-chain security trackers. That said, no audit can make a protocol risk-free. Users should always check:
Are the audited contracts the same as the deployed ones? Is there an active bug bounty? How are upgrades handled (e.g., via time-locks)?
Mitosis’ ambition is high, but so is the complexity of its design. Risk management remains crucial for anyone interacting with it.
Why It Matters
DeFi has been waiting for an infrastructure layer that treats liquidity not as locked capital, but as programmable money. Mitosis is one of the first projects to fully lean into that vision.
If it works, it could:
Increase capital efficiency across DeFi. Make LP positions as composable as ERC-20 tokens. Bridge fragmented liquidity into a common layer. Unlock entirely new classes of financial engineering strategies.
In other words, it’s not just another farm—it’s potentially a foundation for the next phase of DeFi.
Final Thoughts
Mitosis is trying to do something ambitious: turn passive liquidity into active building blocks. By tokenizing, decomposing, and recomposing liquidity positions, it promises a future where your LPs can earn, lend, secure, and even power new financial instruments—all at once.
It’s early, and as with any bleeding-edge protocol, caution is essential. But if DeFi is ever going to move beyond siloed pools and one-off yield farms, something like Mitosis is probably going to lead the way.
Somnia (SOMI): The Blockchain Built for Mass Adoption in Games and Entertainment
When most blockchains talk about scalability, they focus on raw numbers—transactions per second, block times, or fee charts. Somnia (ticker: SOMI) takes a different angle. Rather than just promising higher throughput, this new Layer-1 is designed around a simple but powerful goal: making on-chain experiences feel as smooth as traditional apps and games.
Launched on September 2, 2025, Somnia is already gaining attention as one of the most technically ambitious blockchains in recent years. With its own database architecture, custom consensus, and native EVM compatibility, it positions itself as the chain where mass-consumer applications—especially games, social platforms, and entertainment products—can finally thrive.
Why Somnia Was Built
Most blockchains today are fine for financial transfers or NFT minting. But when it comes to building real-time applications, they struggle. Imagine trying to host a battle royale game or a bustling digital concert venue on Ethereum—you’d quickly hit latency, fee, and scalability walls.
Somnia’s creators identified this gap. Instead of optimizing purely for financial use cases, they engineered the network to handle constant interaction and rapid feedback loops, which are the lifeblood of consumer apps. Sub-second finality, predictable performance, and vast throughput aren’t just technical bragging points—they’re prerequisites for any chain that hopes to support millions of users engaging in real-time.
The Technology Behind Somnia
At the core of Somnia’s promise are a few novel innovations:
Compiled EVM Execution: Instead of interpreting EVM bytecode every time, Somnia compiles frequently used instructions down to native machine code. This drastically cuts execution overhead, meaning contracts run as if they were native apps. IceDB: Somnia’s custom database is one of its crown jewels. Designed to deliver deterministic performance, IceDB ensures that reads and writes happen with nanosecond predictability. It even allows for “hot and cold” gas pricing, charging more for data that is frequently accessed while keeping less-demanded data cheap. MultiStream Consensus: Somnia didn’t settle for existing consensus models. Its MultiStream system separates the heavy lifting of transaction throughput from the decision-making of finality, enabling the chain to handle hundreds of thousands of TPS while still confirming transactions in under a second. Optimized Networking: From compression techniques to data streaming strategies, Somnia’s networking stack is tuned to move large amounts of information between nodes efficiently—critical when apps depend on instant feedback.
The result? Somnia often cites numbers of 400,000+ transactions per second, with ambitious claims of scaling to one million TPS and beyond as the network matures.
The SOMI Token
The fuel behind this ecosystem is the SOMI token, which has a fixed supply of 1 billion coins. SOMI powers everything from gas fees to staking and validator rewards. A unique twist is Somnia’s fee model: half of all transaction fees are burned, while the other half go to validators. This means that as the network sees more activity, SOMI becomes increasingly deflationary.
For those running the network, validator participation is designed to require a significant stake—millions of SOMI—ensuring serious commitment. Delegators, however, can still support validators with smaller stakes, earning rewards in return.
At launch, about 16% of the supply was unlocked, with the rest scheduled to release gradually over several years. This long vesting period is meant to stabilize the ecosystem while giving builders and users confidence that early investors won’t flood the market.
Ecosystem and Tools
One of the most compelling parts of Somnia’s strategy is its focus on creator-friendly tools. The Somnia Playground is a suite that includes an avatar creator, world builder, and item builder, allowing users to design and deploy digital experiences directly in a browser.
Somnia also introduced MML (Metaverse Markup Language), a lightweight, HTML-like coding language that lets even non-developers build 3D scenes and interactive assets. With these tools, a game studio or indie creator can build immersive on-chain worlds without needing a massive technical team.
To accelerate adoption, Somnia has seeded the ecosystem with grants, partnered with custodians like BitGo, and secured listings on major exchanges such as Binance and OKX.
Challenges Ahead
Somnia’s vision is ambitious, but ambition always comes with challenges. The high validator stake requirement has raised concerns about centralization. Meanwhile, the eye-catching throughput claims—like one million TPS—have yet to be consistently demonstrated outside of controlled environments.
Another factor is adoption: tools and speed are necessary, but for Somnia to succeed, developers must build experiences that attract everyday users. Games, social apps, and entertainment platforms are notoriously hard markets to crack, and real-world traction will be the ultimate test.
Why It Matters
Somnia is part of a new wave of blockchains that are shifting focus from finance to mainstream culture and entertainment. If it succeeds, we could see a new generation of applications—games, virtual worlds, streaming platforms—built entirely on-chain, offering users true digital ownership without sacrificing speed or usability.
It’s too early to declare Somnia the winner in this race, but its unique blend of technical innovation and consumer-first vision makes it one of the most intriguing L1 projects of 2025.
✨ In short: Somnia isn’t just another blockchain chasing scalability—it’s a chain built with the conviction that mass adoption will come through fun, culture, and interaction, not just finance. Whether that vision plays out will depend on how fast developers embrace the tools and how compelling the first wave of applications becomes.
Pyth Network: Bringing Real-Time Market Data On-Chain
In today’s world of decentralized finance (DeFi), speed and accuracy are everything. Whether it’s liquidations, perpetual swaps, or tokenized assets, a single delayed or manipulated price feed can cost millions. This is exactly the problem Pyth Network set out to solve.
Unlike traditional oracles that rely on third-party middlemen, Pyth is a first-party oracle. That means the data comes directly from the original sources — global exchanges, trading firms, market makers, and financial institutions — not from an anonymous node scraping APIs. This subtle shift changes everything: it reduces risk, improves trust, and allows prices to flow on-chain with near real-time accuracy.
How Pyth Works
At its core, Pyth is built on a publisher-aggregator model:
Publishers are the actual firms that set market prices — from crypto exchanges and trading desks to traditional financial institutions. They digitally sign their own price contributions, guaranteeing authenticity. These contributions are then aggregated into a single, reliable price feed. The feed also includes a confidence interval, a measure of how stable or volatile the market is at that moment.
Instead of constantly pushing updates to dozens of blockchains — a costly and inefficient process — Pyth introduced an innovative “pull” model. Prices are first updated on a fast primary chain (initially Solana) and made available across dozens of other chains on-demand. Smart contracts can request the freshest data when needed, which keeps costs down and prevents stale updates.
This architecture, sometimes referred to as Pythnet, enables extremely low-latency delivery. Many feeds update several times per second, a speed that traditional oracles rarely achieve.
What Sets Pyth Apart
First-party data
Instead of unknown node operators, Pyth brings price feeds directly from more than 80–120 trusted sources — exchanges, banks, brokers, and institutional trading firms. Multi-asset coverage
Pyth provides hundreds of feeds spanning crypto, equities, FX, commodities, ETFs, and even macroeconomic indicators. This makes it useful not just for DeFi, but for tokenized versions of traditional financial products. Cross-chain by design
Thanks to its pull model, Pyth data can be consumed across multiple ecosystems. Developers on Solana, Ethereum, Arbitrum, Base, and dozens of other chains can integrate the same price feeds with minimal friction. Confidence-driven pricing
Each feed comes with metadata, such as confidence intervals and publisher weights, that helps protocols judge whether to rely on that price in volatile conditions.
Governance and Tokenomics
Pyth is coordinated by the Pyth Data Association, a Swiss-based non-profit that oversees governance and growth. Over time, Pyth has been shifting toward permissionless governance, with token holders playing a larger role in decision-making.
The network’s native token, PYTH, powers governance and incentivizes participation. It is also used to unlock premium or institutional data tiers, with revenue streams flowing back to data publishers. PYTH is listed on major exchanges, and while exact market metrics change daily, it is recognized as one of the more active oracle tokens in circulation.
Security Measures
Security is baked into Pyth’s design:
Cryptographic signatures guarantee that each piece of data truly comes from its claimed publisher. Aggregation logic minimizes the risk of manipulation by weighting inputs and filtering out outliers. Bridging safeguards protect cross-chain delivery, though like any multi-chain oracle, this remains one of the highest risk areas.
Still, because publishers are first-party providers, the attack surface is narrower compared to models where anonymous nodes fetch prices from unverified APIs.
Real-World Adoption
Pyth’s adoption has grown rapidly across DeFi and beyond. Dozens of protocols now rely on its feeds for liquidations, perpetual contracts, lending, and risk management. Outside of crypto-native apps, Pyth has also partnered with banks, brokers, and trading firms to bring foreign exchange (FX), equities, and ETF data directly on-chain.
Recent milestones include:
Expanding feeds to cover oil, gold, and other commodity prices. Launching ETF and Hong Kong stock feeds, bridging the gap between TradFi and DeFi. Rolling out Express Relay, a solution designed to mitigate MEV and ensure traders receive fairer execution on-chain.
The vision is ambitious: to eventually “make the price of everything available to builders everywhere.”
Pyth vs Chainlink
It’s impossible to discuss oracles without mentioning Chainlink, the most widely used oracle service. The key difference lies in philosophy:
Chainlink relies on a decentralized network of node operators who fetch data from APIs and data providers. Pyth cuts out the middlemen and sources directly from exchanges and market participants.
Chainlink’s model maximizes decentralization, while Pyth’s maximizes data provenance and speed. Both are valuable, but for latency-sensitive use cases like perpetual swaps or high-frequency DeFi apps, Pyth’s model offers a decisive edge.
Risks and Challenges
No system is perfect. Pyth’s model carries a few key risks:
Bridge vulnerabilities: Since much of its value comes from cross-chain delivery, any exploit in relays could affect downstream protocols. Publisher compromise: If a major publisher is hacked, their signed submissions could skew feeds temporarily. Developer complexity: Integrating high-frequency, confidence-based feeds requires extra caution compared to slower-moving oracles.
That said, the Pyth team and community have been proactive in addressing these issues, including transparent reporting, frequent audits, and community governance.
Why Pyth Matters
Oracles are often called the “lifeline of DeFi,” and Pyth is taking that role seriously. By delivering real-time, first-party, multi-asset prices across chains, it is positioning itself as the price layer for global finance.
For developers, this means they can finally build protocols that require ultra-low latency — everything from institutional-grade derivatives to tokenized ETFs and FX products. For institutions, it means their proprietary pricing can be monetized and trusted on-chain without leaking sensitive trade secrets.
Final Thoughts
Pyth Network represents a new generation of oracles. It’s not just about decentralization for its own sake — it’s about trust, transparency, and usability for real-world financial applications. In the same way that Chainlink defined the oracle space in the early DeFi era, Pyth may well define the oracle infrastructure for the next wave of tokenized finance.
As the ecosystem matures and governance decentralizes further, Pyth could become one of the most important building blocks for a truly global, real-time, on-chain financial system.
Pyth Network: The First-Party Oracle Powering Real-Time Data On-Chain
In the rapidly evolving world of blockchain, data is everything. Whether it’s a decentralized exchange settling trades, a derivatives platform marking collateral, or a government looking to publish economic indicators on-chain, the need for reliable, tamper-resistant data feeds has never been greater. That’s where Pyth Network steps in — a decentralized oracle built around a simple but radical idea: let the original data providers publish directly to the blockchain, without middlemen.
Why Pyth is Different
Most oracles work like news aggregators: they collect data from external APIs or exchanges through independent node operators, then combine those feeds into a single number. Pyth flips this model on its head. Instead of relying on third parties, it lets exchanges, market makers, and trading firms push their own prices directly to the network.
This approach — known as the first-party oracle model — means that the data is fresher, closer to the source, and far harder to manipulate. When multiple first-party publishers submit values, Pyth aggregates them into a single price feed, creating a trust-minimized, high-frequency snapshot of market reality.
How the Network Works
Pyth runs on its own specialized blockchain called Pythnet, which acts as the coordination hub. Publishers submit prices, Pythnet aggregates them, and then the final values can be delivered to dozens of blockchains through cross-chain messaging protocols like Wormhole.
Instead of continuously spamming every blockchain with updates, Pyth uses a “pull model.” This means apps or smart contracts can request the latest update whenever they need it, and fees from those requests are shared back with publishers. It’s a clever system: consumers only pay for the precision they need, and data providers are rewarded for keeping their feeds active.
What’s Being Published?
As of today, Pyth covers hundreds of assets — not just cryptocurrencies but also equities, ETFs, foreign exchange pairs, and commodities. Prices update many times per second, a level of granularity that traditional oracles often can’t match.
That speed matters. A perpetual futures exchange needs to mark collateral with sub-second accuracy. A lending protocol wants to know the instant ETH’s price dips below a liquidation threshold. With Pyth, these use cases can actually function the way they were designed to.
The Token & Governance Layer
The network is governed by the PYTH token, which was distributed through a series of retrospective airdrops to users and applications that had already been relying on Pyth’s data. Token holders participate in governance, shaping how the network evolves, while fees collected from consumers flow back into the system to incentivize publishers.
Like many tokenized projects, Pyth has seen its share of volatility — especially around large scheduled unlocks. But beyond market price, the token represents an attempt to align incentives across publishers, developers, and data consumers in a sustainable way.
Adoption & Real-World Use Cases
What started as a Solana-based oracle has expanded across more than 50 blockchains. DeFi protocols use Pyth for lending, derivatives, and synthetic assets. Market makers value it because they can finally monetize the data they generate every day.
Perhaps most impressively, in 2025 the U.S. Department of Commerce announced it would use both Pyth and Chainlink to publish official economic data on-chain. For the first time, a government recognized that oracles could play a role not just in DeFi, but in delivering public data with cryptographic integrity.
Challenges Ahead
No system is perfect, and Pyth faces its own hurdles.
Concentration risk: if too much weight sits with a handful of publishers, the aggregate could be skewed. Cross-chain security: relying on bridges like Wormhole brings exposure to the vulnerabilities of those systems. Token economics: the network’s long-term sustainability depends on whether update fees and governance can truly keep publishers engaged.
Still, these challenges are actively discussed in the Pyth community, and solutions are being tested through governance and technical updates.
Why It Matters
At its heart, Pyth is about trust and speed. In a financial system that increasingly lives on-chain, protocols cannot afford stale or manipulated prices. By building an ecosystem where the people closest to the market publish directly, Pyth delivers data that is fast, transparent, and verifiable.
For builders, it’s a powerful tool. For institutions, it’s a bridge into the blockchain world. And for the industry as a whole, it signals a shift: oracles are no longer just middleware — they’re becoming infrastructure.
✨ In short: Pyth Network is more than an oracle; it’s a real-time financial nervous system for blockchains, and it’s quickly becoming one of the most important layers of the decentralized economy.
Somnia (SOMI): The Blockchain Dream for Mass Consumer Apps
The blockchain industry has never been short on bold promises. Over the past decade, we’ve seen dozens of new chains pitch themselves as “the one” that will finally bring Web3 to the masses. But while finance, DeFi, and NFTs have had their moments, mainstream users still haven’t found the killer blockchain app they’ll use every day.
This is where Somnia (SOMI) steps in. Unlike chains optimized for DeFi trading or data-heavy enterprises, Somnia is built as a consumer-first blockchain — designed to power games, entertainment platforms, and even full-blown virtual worlds. Think Fortnite-level scale, but with assets, identities, and interactions all truly on-chain.
What Makes Somnia Different?
Most blockchains today crumble under consumer-grade pressure. Try running a real-time multiplayer game on Ethereum or even a fast sidechain and you’ll hit walls: slow confirmation times, expensive gas, and state management that simply doesn’t work when millions of users are interacting at once.
Somnia addresses this problem with three main innovations:
MultiStream Consensus
Instead of processing everything sequentially, Somnia splits execution into multiple parallel streams. The result? A network that claims it can handle over one million transactions per second with near-instant finality. IceDB
This is Somnia’s custom database layer, built to store huge amounts of game and social data. IceDB makes it possible for a chain to manage millions of in-game items, avatars, and real-time updates without choking.
Consumer-Friendly Costs
Transaction fees on Somnia are designed to stay under a cent. Combine that with sub-second finality, and the user experience feels closer to Web2 apps than the clunky blockchain dApps we’re used to.
Together, these features give developers the technical foundation to build massive consumer applications that actually work on-chain.
The Role of SOMI (the Token)
At the center of the network is SOMI, Somnia’s native token. It isn’t just a gas token:
It pays for transactions and interactions. Validators stake SOMI to secure the chain. Holders will participate in governance decisions. A deflationary mechanism burns a portion of gas fees, meaning supply decreases as activity grows.
The total supply is capped at 1 billion SOMI. At launch, only about 16% was circulating, with the rest locked for validators, ecosystem growth, and long-term community programs.
Ecosystem and Growth
Somnia isn’t just shipping tech — it’s also building a community around it. The Virtual Society Foundation oversees the network’s long-term vision and has partnered with companies like Improbable (known for large-scale virtual world tech) to push adoption.
To attract developers, Somnia launched initiatives like the Dream Catalyst Fund, a multi-million dollar program supporting creators in gaming, DeFi, AI, and entertainment. Early hackathons and grant programs are already onboarding developers to experiment with Somnia’s infrastructure.
Why It Matters
If Somnia delivers on its promises, it could solve one of Web3’s biggest problems: scaling for everyday consumer use. Imagine:
Games where millions of players trade assets instantly, with no downtime. Social apps where identities and items move seamlessly across platforms. Virtual worlds where ownership is permanent, portable, and user-driven.
For years, the idea of a “metaverse blockchain” has been more marketing than reality. Somnia is one of the first projects to design a chain specifically around that vision.
The Caveats
Of course, bold claims are easy. The real challenge will be proving them in the wild. Sustained million-TPS throughput is still theoretical, and mainstream adoption requires more than technical performance — it requires intuitive wallets, easy onboarding, and regulatory clarity. Somnia will also be competing with a crowded field of chains and rollups targeting games and consumer apps.
But with its mix of technical innovation, ecosystem funding, and strong industry partnerships, Somnia has carved out a unique position in the blockchain landscape.
Final Thoughts
Somnia isn’t another DeFi playground or NFT flip chain. It’s a consumer-grade blockchain aiming to power the kinds of apps everyday people actually use. If it succeeds, it could be the foundation for the next generation of entertainment — games, social networks, and immersive experiences where users truly own what they create and play.
For now, Somnia is still young, but it’s one of the few projects aiming to bridge the gap between blockchain’s promise and mainstream reality.