Somnia Analysis

Somnia Analysis is the Somnia Explorer's view of how the markets are doing, measured from what is onchain rather than reported by a venue. It has two pages.

Liquidity

Liquidity reports every spot and perpetual market active in the last seven days, from Somnia's market reports. Binary event markets emit no depth events, so they are left out.

• Uptime. The share of the window in which the book was quoted two-sided within a band of the mid price.
• Depth and spread. What was resting near the mid, and how wide the book was.
• Fills and volume. Trades and quote volume over the window.

The page covers the chains the warehouse indexes. The same figures per market are what a venue's health check in the Markets SDK reads: see Check venue health.

Risk

Risk is a risk dashboard for perpetual venues, starting with dreamDEX perps:

• Insurance fund coverage under stress.
• Open interest against its caps.
• Oracle and USDso peg health.
• Where liquidations cluster.

The dashboard is served into the explorer from its own repository, somnia-chain/dreamdex-perps-risk-dashboard.

Related

• Perpetual Futures: how funding, mark price and margin work.
• Somnia Price Feeds: the index and mark prices the risk figures use.
• USDso: the settlement stablecoin whose peg the dashboard watches.