Bybit Suspends SOMI Deposits/Withdrawals for Network Upgrade

Key facts

• Bybit will support the SOMNIA (SOMI) network upgrade expected on Aug 06, 2026, at 11:00 AM UTC.
• Deposits and withdrawals via SOMNIA (SOMI) will be temporarily suspended starting Aug 06, 2026, at 10:30 AM UTC.
• Trading and other activities will not be affected by the suspension.
• Bybit will not make further announcements regarding resumption of deposits and withdrawals.
• Users can set alerts on the Deposit or Withdrawal pages to receive a notification when services resume.
• Bybit directs users to official SOMNIA release notes for upgrade details.

Key timeline

Who may be affected

• Bybit users attempting to deposit SOMI during the suspension window.
• Bybit users attempting to withdraw SOMI during the suspension window.

Impact analysis

The confirmed suspension of SOMI deposits and withdrawals from 10:30 UTC to an unspecified resumption time directly affects users who need to move SOMI into or out of Bybit during that period. Since trading remains unaffected, users can continue trading existing balances. The lack of a resumption announcement means users cannot know exactly when services will return; they must rely on the alert feature. The upgrade itself may introduce changes to the SOMNIA network, but the announcement does not specify what those changes are, so no further operational impact can be inferred. Users with pending deposits or withdrawals should be aware that these may be delayed until services resume.

Risk notes

• Deposits and withdrawals of SOMI may be delayed during the suspension period; the exact duration is not disclosed.
• The network upgrade could introduce changes that affect SOMI's behavior, but the announcement does not provide details.
• Bybit will not issue further announcements about resumption, so users must actively monitor the Deposit/Withdrawal pages or set alerts.
• The announcement does not address security or asset safety; no inference should be made about these aspects.
• This article is for verification of the exchange's official announcement only and does not constitute investment or trading advice.

This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.

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