Insights
Research and perspectives on onchain markets
Explainers, research, frequently asked questions and news from Somnia on market structure, oracles, agents and the infrastructure underneath them.
Somnia for institutions: custody, validation and audit
A due-diligence view of the Somnia network: who validates it, how assets are held, what has been audited, and which disclosures are public.
One book, many venues: how shared liquidity works on Somnia
Venues on Somnia plug into shared order books and shared resolution instead of bootstrapping their own. This piece explains the mechanics and the economics.
Why matching belongs onchain
Where an exchange matches orders decides who you have to trust. A look at the trust models in today's order-book venues, and why Somnia puts the matching engine in a smart contract.
What is an onchain order book?
A plain-language introduction to central limit order books, price-time priority, and what changes when the book runs on a blockchain.