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 .
