Somnia, a high-performance EVM blockchain, hosted an invite-only networking dinner during Consensus Hong Kong 2026. The event took place at Arcadia restaurant bar in Causeway Bay, bringing together top market makers and liquidity providers to discuss the evolution of decentralized markets and the industry's direction.
Consensus Returns to Asia After Five Years
Consensus Hong Kong marked CoinDesk's flagship conference returning to Asia for the first time in five years. The three-day event drew approximately 8,000 attendees from over 100 countries, serving as a catalyst for blockchain adoption in Asia-Pacific. Somnia leveraged this venue to connect with global leaders in on-chain market infrastructure.
Million TPS, Sub-Second Finality
Somnia describes itself as an "Agentic L1" designed from scratch for real-time, autonomous, AI-native applications. Its network runs at over one million transactions per second with sub-second finality and fees below one cent. Founder Paul Thomas stated: "Existing blockchain infrastructure simply cannot support the demands of modern financial applications. Market makers and liquidity providers seek infrastructure that matches the speed and reliability of traditional finance while retaining the transparency and decentralization that make on-chain systems compelling."
The network features native reactivity for instant smart contract responses and off-chain data access via Somnia Agents with consensus verification. These capabilities enable applications previously impossible on blockchain.
Backed by Mirana Ventures and Amber Group
The event was supported by Mirana Ventures and Amber Group. Mirana Ventures is a global investment fund focused on long-term capital and strategic partnerships for Web3 founders. Amber Group offers institutional-grade liquidity, market infrastructure, and enterprise wallet solutions. The dinner provided an informal setting for teams to explore potential collaborations within the Somnia ecosystem. Paul Thomas noted that conversations reflected a growing consensus that high-performance infrastructure is essential for the next phase of on-chain finance.
Somnia aims to empower developers and traders to create fully decentralized products that were previously unbuildable. The team views the Consensus Hong Kong event as just the beginning of its ecosystem expansion.