Somnia

Somnia is a Layer 1 blockchain identified by the ticker SOMI, designed specifically for applications that require very high transaction throughput, near-instant finality, and very low transaction costs. Its stated target audience is developers building gaming applications and agent-driven programs that existing blockchains cannot support at the required scale. It also supports onchain AI model execution and contracts that respond to events automatically without needing external services to trigger them.

Somnia uses a custom consensus protocol whose specific name is not recorded in the available data, pairs it with a compiled version of the Ethereum Virtual Machine, and relies on a purpose-built database to reach the throughput figures cited in its design documents. The chain is fully EVM-compatible, meaning Solidity smart contracts and common developer libraries work on it without modification. SOMI is the native token of the network and is used to pay transaction fees, with the protocol recording a take rate of approximately 49.99 percent of fees collected over the trailing 30-day period, meaning roughly half of fees flow to the protocol as revenue and roughly half to the supply side.

Transaction fees are paid by users and applications submitting activity to the Somnia network. Over the trailing 30 days, the network collected 10,729 USD in total fees and retained 5,363 USD as protocol revenue, implying the supply side received approximately 5,366 USD over the same period. On an annualized basis derived from that trailing 30-day window, fees project to 130,536 USD and protocol revenue to 65,250 USD, though fees over the actual trailing 12 months were 161,420 USD and protocol revenue was 80,700 USD. Both 30-day fee growth and 30-day revenue growth were negative 41.61 percent and negative 41.23 percent respectively over the most recent 30-day change period.