Thursday, October 16, 2025

Kraken Lists Somnia (SOMI) for Trading, Expanding Its Cryptocurrency Offerings

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KEY TAKEAWAYS

  • Kraken has added Somnia (SOMI) to its trading platform, with trading starting on October 15, 2025.
  • Somnia is a high-throughput, EVM-compatible Layer 1 blockchain designed for real-time applications in gaming, social, and DeFi.
  • Somnia’s MultiStream architecture supports over one million transactions per second, offering low-latency scalability for mass-consumer applications.
  • Trading SOMI on Kraken requires deposits through supported networks to avoid potential loss.

Kraken has announced the addition of Somnia (SOMI) to its trading platform, with trading going live on October 15, 2025. This move allows users to engage with SOMI, a high-throughput, EVM-compatible Layer 1 blockchain designed for real-time applications in gaming, social, and decentralized finance (DeFi).

To start trading SOMI on Kraken, users can navigate to the ‘Funding’ section of their account, select SOMI, and proceed with the deposit. It is crucial for users to ensure that their deposits are made through networks supported by Kraken, as deposits made via unsupported networks may result in loss.

Somnia’s Technological Edge

Somnia’s infrastructure is built to support metaverse-scale applications with decentralized speed and performance. Its MultiStream architecture enables over one million transactions per second (TPS) with sub-second finality. Additionally, Somnia employs IceDB and compression technology to deliver low-latency scalability, making it suitable for mass-consumer applications.

While trading SOMI is currently available, Kraken has noted that trading through the Kraken App and Instant Buy will be accessible once liquidity conditions are met. This means that a sufficient number of buyers and sellers must be present in the market for efficient order matching. Geographic restrictions may also apply to SOMI trading.

Future Asset Listings on Kraken

Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. However, the platform continues to expand its offerings, with all available tokens listed on Kraken’s website. Future listings will be announced on Kraken’s Listings Roadmap and social media profiles. For more information, 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.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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