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Binance Listing Puts Somnia (SOMI) on the Spot


by Coin Edition
for CoinEdition
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.

Read the article at CoinEdition

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Binance Listing Puts Somnia (SOMI) on the Spot


by Coin Edition
for CoinEdition
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.

Read the article at CoinEdition

Read More

Is Cristiano Ronaldo Launching a Meme Coin?

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The crypto community is heating up with the discussion around Portuguese soccer playe...
Binance Faces Allegations of Market Games as Solana Nears BNB

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New allegations surfaced, claiming Binance is deliberately holding back Solana’s mome...