Bybit has announced the upcoming listing of SOMNIA (SOMI) on its Spot trading platform. The new listing will include the trading pair SOMI/USDT ($1.00), which will be available in the Main Trading Zone. This development is set to expand the trading options available to Bybit users.

The listing timeline for SOMNIA (SOMI) is as follows: Deposits for SOMI will open on September 2, 2025, at 4:00 AM UTC. The official listing will occur later that day at 2:30 PM UTC. Withdrawals will become available on September 3, 2025, at 10:00 AM UTC. Deposits and withdrawals can be made via Binance Smart Chain (BSC) and the SOMNIA network.

Understanding SOMNIA’s Capabilities

SOMNIA is a high-performance, cost-efficient Layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM). It is designed to handle over 1,000,000 transactions per second (TPS) with sub-second finality, making it suitable for applications that require real-time processing, such as games, social applications, and metaverses. This capability positions SOMNIA as a robust platform for developers aiming to build mass-consumer applications fully on-chain.

The asset name for the blockchain is SOMNIA, with the ticker symbol SOMI. More details about the contract can be found on the SOMNIA network explorer.

Trading Options and Risk Considerations

Once listed, SOMI will also be available for trades via Spot Grid Bots, providing traders with additional strategies to engage with the asset. However, it is important to note that cryptocurrency trading involves significant risk and may result in the loss of invested capital. Traders are advised to fully understand the risks involved, consider their level of experience, and seek independent financial advice if necessary.

For more information about the listing and trading of SOMNIA (SOMI), interested parties can visit the official announcement here.

---

Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.

The post Bybit to List SOMNIA (SOMI) on Spot Trading Platform appeared first on CoinsHolder.