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Bybit to Launch SOMI Token on Its Platform

Bybit to Launch SOMI Token on Its Platform

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by Giorgi Kostiuk

2 days ago


Cryptocurrency exchange Bybit, the world's second-largest by trading volume, has announced the upcoming listing of SOMI, the native token of the Somnia blockchain. A prize event with a total prize pool of 5,000,000 SOMI has been organized to attract participants.

Overview of SOMI Token

SOMI represents the Somnia blockchain, a high-performance, cost-efficient, EVM-compatible Layer 1 solution capable of processing over 1,000,000 transactions per second with nearly instant finality, making it ideal for mass consumer applications.

Token Splash Program

From September 2 to September 17, 2025, eligible participants in the Token Splash program can complete simple tasks to share in two prize pools:

1. **New User Exclusive – 3,000,000 SOMI Prize Pool**: 500 SOMI rewards for the first 6,000 new users who complete registration, identity verification, and deposit tasks. 2. **Trading Incentive – 2,000,000 SOMI Prize Pool**: Up to 2,000 SOMI for trading at least 500 USDT worth of SOMI on Bybit Spot.

Rewards are distributed on a first-come, first-served basis until all rewards are unlocked.

On-Chain Integration and Features

Upon listing, SOMI will be fully integrated with Bybit's advanced trading infrastructure, including:

* Spot Grid Bot compatibility for automated trading strategies * BSC Network support for deposits and withdrawals * Integration with Bybit Lens for real-time market analysis and trending insights.

The launch of the SOMI token on Bybit marks a significant step for the Somnia ecosystem and will provide users with new opportunities to engage with the cryptocurrency market.

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