According to Binance's announcement, to celebrate the launch of the latest token Somnia (SOMI), Binance Spot has launched the SOMI trading challenge, where eligible users will have the opportunity to share a prize pool of 1,500,000 SOMI token vouchers.
Event Period: September 2, 2025, 21:30 to September 16, 2025, 21:30 (UTC+8)
Activity One: Exclusive to new users, recharge on Binance Spot, share a prize pool of up to 75,000 SOMI.
During the event, all Binance new users who have completed identity verification can participate (new users refer to those who have not registered on Binance before the event starts).
During the event, by depositing at least 100 USD equivalent in USDT, USDC, and/or SOMI new assets through C2C, bank cards, fiat, and/or cryptocurrency deposits, users can earn random rewards of 2 to 12 SOMI token vouchers, limited to the first 12,500 users.
Activity Two: Open to all users, trading on Binance Spot, share a reward of up to 225,000 SOMI.
All regular users and VIP users who have completed identity verification can participate.
Eligible trading pairs: SOMI/USDT, SOMI/USDC, SOMI/BNB, SOMI/TRY
During the event, users who accumulate a trading volume of at least 300 USD equivalent in SOMI on the Binance Spot platform will earn between 2 to 12 SOMI token vouchers, limited to the first 37,500 users.
Activity Three: Participate in the Binance trading volume championship to share a reward of up to 1,200,000 SOMI.
All regular users and VIP users who have completed identity verification can participate.
Market makers in the Binance Spot Market Maker Program and Binance brokers are not eligible to participate in the event.
Eligible trading pairs: SOMI/USDT, SOMI/USDC, SOMI/BNB, SOMI/TRY
During the event, users who accumulate a trading volume of at least 500 USD equivalent in SOMI spot trading pairs will not be eligible for any rewards from Activity Three if they do not meet this threshold.
The final prize pool will be determined based on the total number of eligible participants:
1 – 9,999 people: Prize pool of 400,000 SOMI
10,000 – 19,999 people: Prize pool of 800,000 SOMI
≥ 20,000 people: Prize pool of 1,200,000 SOMI
Reward calculation logic: User's final reward = (User's trading volume / Total trading volume of all participants meeting Activity Three conditions) * Total prize pool.
In Activity Three, each user's reward limit is 2,000 SOMI.
