Somnia is a Layer-1, EVM-compatible blockchain built for real-time, high throughput consumer applications—like gaming, social platforms, and metaverse services. CoinGecko+2CoinUnited.io+2 It claims the ability to process over one million transactions per second (TPS) with sub-second finality and very low fees. CoinGecko+1 Its native token, SOMI, has a fixed supply of 1 billion tokens, with about 160.2 million in circulation. CoinMarketCap+2CoinMarketCap+2
SOMI is used for gas fees, staking (via validators or delegators), governance voting, and incentivizing ecosystem growth. Binance Academy+2Bitget+2 It also supports token vesting, community rewards, and grants to attract developers. Bitget+2CoinUnited.io+2