🔎 In-Depth Analysis: Somnia (SOMI) — High Performance EVM Blockchain Over 1 Million TPS
1. What is Somnia?
Somnia is a new generation EVM Layer 1 blockchain, developed by Somnia Foundation
, with the goal of becoming the world's fastest Web3 infrastructure.
The difference: Somnia reaches 1.05 million TPS, transaction fees under $0.01, and finality under 1 second — opening up the possibility of bringing gaming, social, DeFi, AI, metaverse completely on-chain, something previous blockchains could not do.
👉 Website: somnia.network
👉 Litepaper: docs.somnia.network
2. Technology & architecture
Somnia applies many technical innovations:
MultiStream Consensus → achieves finality under 1 second, extremely high TPS.
Sequential Execution → sequential processing provides more stability in congested network situations (different from the parallel model of multiple L1s).
IceDB (custom database) → read/write speed only 70–100ns (nanosecond).
Compression & Data Movement → 10–20 times faster data transfer than other blockchains.
📌 Testnet results:
Swaps: 50,000 TPS
NFT mint: 300,000 TPS
Stress test: >1.05M TPS
3. Tokenomics SOMI
Total Supply: 1,000,000,000 SOMI
Role:
Gas & transaction fees
Staking cho validator/delegator
Governance
Deflationary design:
50% gas burn → supply decreases with adoption
Validator receives 10% fixed supply (no inflation)
Discount for high TPS Dapp (fee is cheaper when load is high)
Allocation:
Community: 27.93%
Ecosystem: 27.35%
Team: 11%
Advisors: 3.58%
Launch Partners: 15%
Investors: 15.15%
⏳ Vesting: Unlock gradually in 36–48 months, with a 12-month cliff for team & investors.
👉 Details: Somnia Tokenomics
4. Team & Investors
Developed by Improbable (UK) – a technology company building the metaverse for over 10 years.
Backed by M² Network (raised $150M from a16z, SoftBank, Mirana, SIG, CMT Digital).
Somnia Foundation coordinates development & grants.
📌 Major funds behind: a16z crypto, SoftBank Vision Fund 2, Mirana Ventures, SIG, Digital Currency Group, CMT Digital.
5. Impressive numbers
Stress test: 1.05 million TPS
NFT Mint: 300k/sec
Shannon testnet: >2 billion transactions in ~5 months
Validator: 60+
Ecosystem: 70+ projects under construction (DeFi, Gaming, Social, AI agent on-chain)
Grant Program: $10M dev support + up to $270M ecosystem capital
6. Roadmap & Current Status
✅ Devnet launch 11/2024
✅ Shannon Testnet reaches 2B txns (2025)
🚀 Ecosystem grant $10M + $270M funding underway
📅 Mainnet expected after 2025 (not officially announced)
👉 Theo dõi roadmap: Somnia Docs
7. Outstanding advantages
Super speed (1M+ TPS) + super low fees (<1 cent).
Deflationary tokenomics → benefits long term holders.
Backed by leading funds & tech teams (Improbable, a16z, SoftBank).
Clearly targeting gaming, social, AI, DeFi — markets with huge demand.
Full EVM-compatible → easy for dev to migrate.
8. Risks & challenges
No mainnet yet → not proven in real environment (mainnet adoption).
Competes directly with other high speed L1s (Aptos, Sui, Solana).
The ecosystem is still young, need more flagship dApps to attract users.
Token is not widely listed yet, need to wait for TGE/liquidity.
9. Summary & Potential Assessment
Somnia (SOMI) is not only a high-performance blockchain, but also has a strong backer, breakthrough technology, healthy tokenomics. If the team can really bring gaming/social/AI on-chain and expand the ecosystem, SOMI has the potential to become a new generation Ethereum killer.
👉 References:
Website: somnia.network
Docs: docs.somnia.network
Tokenomics: Allocation & Unlocks
Messari Report: link
Explorer (testnet): dreams explorer
📌 Personal opinion: This is a project worth putting on the watchlist, especially for long-term investors & builders in the gaming/metaverse/AI on-chain segment. However, you should monitor the mainnet and ecosystem progress before going “all-in”.
