Somnia (SOMI)
Somnia ranks #106 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #688: 582 of the 687 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 694 non-native assets CoinSpectrum lists above it by market cap, about 53% are tokens, 38% are claims on other assets, 8% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 67/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #106 |
| Rank counting claims | #688 |
| Market capitalisation | $26M |
| Price | $0.1626 |
| Circulating supply | 160,200,000 SOMI |
| Maximum supply | 1,000,000,000 SOMI |
| Consensus family | Proof of Stake |
| Consensus mechanism | MultiStream (PoS + PBFT) |
| Ledger type | Multi-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 67 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 72 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.5 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.3 | fixed maximum supply of 1 billion |
| Distribution | 6.2 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0 | 100% of today's supply allocated at launch to founders, a company, a foundation or investors. The 1B SOMI supply was fully allocated at token generation on 2 September 2025 (27.925% community, 27.345% ecosystem, 15.15% investors, 15% launch partners, 11% team, 3.58% advisors); total supply is still 1B (CoinGecko, 2026-10-23). source |
| Fundraising (share sold) (Source) | 8.5 | Sold by its issuer or insiders: 15.2% of supply sold. No public sale. The investors' allocation is 15.15% of the fixed 1B SOMI (151.5M; backers include a16z, SoftBank, Mirana, SIG, DCG), presumably bought through private rounds whose token terms are not disclosed. Launch partners, community and ecosystem allocations are not counted. 151.5M / 1B = 15.2%. Investors hold 15.15% of supply (12-month cliff, then 36-month vesting). Round sizes and names were not verified here; Somnia was developed with backing from Improbable and MSquared. No public sale was found; distribution was through airdrops and community allocations. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. The supply is fixed at 1B SOMI, all allocated at TGE (Sep 2025) and still 1B. Validators earn fees, half of which are burned, and rewards from pre-allocated pools. There is no new issuance to cut. source |
| Decentralisation | 5.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze or clawback of SOMI is documented. source |
| No central team (Source) | 0 | A central team directs it: Improbable and the Somnia (Virtual Society) Foundation develop the node; no node source code is published, only operator binaries. source |
| Who can mint (Source) | 7 | Gated by stake: any holder with enough stake can validate: access bought with coins |
| Nodes (Source) | – | Not yet counted |
| Security | 6.3 | 3.8 of 6 points, 2 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 10 | about 1,655,383 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 7 | one client, latest version Apr 2026 |
| Open source (Node software) | ✗ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 5.6 | average of 3 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000023 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 1.7 | a block every 3 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | – | not yet measured |
| Features (3 checks) | 5 | 1 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | MultiStream consensus with a PBFT-style finality layer finalises in under a second (blocks about every 0.1 s). |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | Node pruning is not documented. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | No light-client protocol is documented; users rely on RPC providers. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Any secp256k1 key can hold and send SOMI; the chain's account and transfer rules carry no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | Public EVM ledger. |
| Hidden parties (Sender and receiver hidden) | 0 | Accounts are public. |
| Network privacy (Origin hidden by default) | 0 | No Dandelion relay or built-in Tor in the Somnia node. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 2 | EVM-compatible Layer 1 on which any account can deploy ERC-20 contracts. |
| Smart contracts (General-purpose) | 2 | EVM-compatible Layer 1 whose mainnet is live. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps (With other chains) | ✓ | Solidity HTLCs can be deployed on its EVM. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: its own chain's DEXes (Somnia, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging documented. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts run by its EVM. |
| Demand | 6.2 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 13 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4 | $529,695 traded in 24 hours; #647 by volume on the exchanges the site reads (scored on the median day of the last 30, $973,915) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.1 | 3.3% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 10 | $369,451 within 2% of the price on 7 exchanges, 1.4% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 3.5 | $26M, 3.5 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 5.9 | futures, options and margin positions 17% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 6.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 1 | 1 full year since 2025-09-02, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 9 | 4 positive, 0 negative, 1 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | No public client release page; operator node upgrades shipped in April 2026 (Nodit notices). |
| Shipped a security fix in two years, +1 | ✓ | Hotfix of 11 May 2026 (Cuthbert shadow-verification issue exploitable by a malicious transaction); Jig hard fork, 6 Aug 2026: Blake2f precompile edge case. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Jig hard fork, 6 Aug 2026: parallelised PBFT/BLS and per-transaction validation and sustained-use discounts on the base gas price. |
| Shipped a new capability for users in two years, +1 | ✓ | Ingot hard fork, 15 Apr 2026: EIP-7702, session transactions and on-chain event reactivity. |
| Not yet researched | ||
| Unfixed vulnerabilities and exploits | – | |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Geode Chain GEODE
Steem STEEM
Terra LUNAA
Hive HIVEAll Proof of Stake chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
160,200,000 of a maximum 1,000,000,000 SOMI are in circulation — 16.0% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 100% of today's supply |
|---|---|
| Sold by the issuer or insiders | 15.2% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Private or venture funding |
The 1B SOMI supply was fully allocated at token generation on 2 September 2025 (27.925% community, 27.345% ecosystem, 15.15% investors, 15% launch partners, 11% team, 3.58% advisors); total supply is still 1B (CoinGecko, 2026-10-23).
Investors hold 15.15% of supply (12-month cliff, then 36-month vesting). Round sizes and names were not verified here; Somnia was developed with backing from Improbable and MSquared. No public sale was found; distribution was through airdrops and community allocations.
No public sale. The investors' allocation is 15.15% of the fixed 1B SOMI (151.5M; backers include a16z, SoftBank, Mirana, SIG, DCG), presumably bought through private rounds whose token terms are not disclosed. Launch partners, community and ecosystem allocations are not counted. 151.5M / 1B = 15.2%.
The supply is fixed at 1B SOMI, all allocated at TGE (Sep 2025) and still 1B. Validators earn fees, half of which are burned, and rewards from pre-allocated pools. There is no new issuance to cut.
Sources: blog.somnia.network · theblock.co · docs.somnia.network · coingecko.com · docs.somnia.network · blog.somnia.network. Researched 2026-10-24, low confidence.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks Somnia
Somnia is #106 among cryptocurrencies and #688 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 582 places between Somnia's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).
See the 1 wrapped and staked claim on Somnia →