What is SONM (BEP-20) (SNM) Crypto Coin? Explained

Amber Dimas

SNM Token Value Calculator

Current SNM Market Information

Current Price: $0.000143 USD
Market Cap: $47,554 USD
Circulating Supply: 332.31M SNM

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Important Note: SNM has extremely low liquidity with high slippage risk. This calculator is for informational purposes only and does not guarantee actual trading value.

If you're curious about SONM and its role in decentralized computing, keep reading. This guide breaks down what the SNM token is, how it fits into the broader crypto ecosystem, and whether it’s worth your attention today.

Key Takeaways

SONM (BEP-20) (SNM) is the native token for a fog‑computing marketplace that lets anyone rent or sell spare CPU/GPU power.
As of October 2025 the token trades around $0.000143 with a market cap of just $47,554, indicating very low liquidity.
The BEP‑20 version lives on Binance Smart Chain; you need a BSC‑compatible wallet to hold or move it.
Network activity is almost dormant - zero active addresses and no recent transactions reported.
Compared with rivals like Golem and iExec, SONM’s market valuation is thousands of times smaller, reflecting limited adoption.

What is SONM (BEP-20) (SNM)?

SONM (BEP-20) (SNM) is a BEP‑20 token that powers the SONM decentralized computing marketplace. The platform, founded by Sergey Ponomarev, aims to turn idle hardware-PCs, mining rigs, servers-into a global fog‑computing network. Users either contribute resources and earn SNM, or spend SNM to access compute power for tasks like video rendering, scientific simulations, or machine‑learning workloads.

Technical Specs and Smart‑Contract Details

The SNM token follows the standard BEP‑20 interface on Binance Smart Chain, meaning it works with any wallet that supports BSC (e.g., Trust Wallet, MetaMask with BSC network added). The contract address is 0x46d0...1fe86B. Key numbers as of 12 Oct 2025:

Circulating supply: 332.31 million SNM
Total supply: 1 billion SNM (max)
Current price: $0.000143 USD
Market cap: $47,554 USD

The token swap that introduced a hybrid ERC‑20 + BEP‑20 structure was meant to broaden accessibility, but the BEP‑20 version remains the primary circulating token.

How the SONM Marketplace Works

SONM operates as a fog‑computing layer that sits between traditional cloud providers (AWS, Google Cloud, Azure) and pure peer‑to‑peer compute sharing. The workflow looks like this:

Provider lists available hardware (CPU, GPU, storage) on the SONM marketplace.
Requester posts a compute job-e.g., rendering a 3‑minute animation.
SONM’s matching engine pairs the job with the most suitable provider based on price, location, and performance.
When the job finishes, the requester pays the provider in SNM, and the token is transferred automatically via the smart contract.

Behind the scenes, the platform supports amd64 architecture and Docker containers, with plans to add WebAssembly and more virtualization options.

Panel sequence showing a provider listing hardware, a job request, matching engine, and SNM payment.

Current Market Position

Despite its ambitious tech, SONM’s market footprint is tiny. TradingView data shows 53.21 k token‑holding addresses, but the average balance is just $16.81, and there are zero active addresses or transactions in the last 24 hours. Binance lists the token as “not listed” on its spot market; the only realistic way to acquire SNM is through decentralized exchanges like PancakeSwap.

On CoinMarketCap, SNM sits around rank #3259, with a daily price change of -2.52 % and effectively no trading volume. By comparison, Golem (GNT) had a market cap exceeding $100 million in 2023, and iExec (RLC) was hovering near the top 400 list. SONM’s $47.5 k market cap represents less than 0.004 % of the total $1.2 b decentralized‑computing market as of Q3 2025.

Comparison with Other Decentralized Computing Tokens

Key metrics of SONM vs. Golem vs. iExec
Metric	SONM (SNM)	Golem (GNT)	iExec (RLC)
Blockchain	Binance Smart Chain (BEP‑20)	Ethereum (ERC‑20)	Ethereum (ERC‑20)
Market Cap (Oct 2025)	$47.5 k	$120 M	$85 M
Active Nodes	~0 (no recent tx)	~12 k	~8 k
Primary Use‑Case	Fog computing marketplace	General‑purpose compute (CGI, ML)	Secure AI & data marketplace
Exchange Listings	None on major CEX; DEX only	Binance, KuCoin, Huobi	Binance, Gate.io, KuCoin

The table makes it clear that SONM lags far behind its peers in liquidity, node count, and ecosystem support.

How to Acquire and Store SONM (SNM)

Because the token isn’t listed on big centralized exchanges, you’ll need a BSC‑compatible wallet and a DEX. The typical steps are:

Install a wallet that supports Binance Smart Chain (e.g., Trust Wallet or MetaMask with BSC RPC).
Buy BNB on a major exchange and transfer it to your BSC wallet.
Visit PancakeSwap (or another BSC DEX), connect your wallet, and swap BNB for SNM.
After the swap, add the SNM contract address manually to see the token balance.

Remember that SNM’s thin liquidity may cause slippage, so only trade amounts you’re comfortable losing.

Hacker at a dim desk viewing low SNM market data, conveying risk and uncertainty.

Risks, Challenges, and Outlook

Several red flags should make you think twice before investing:

Almost zero network activity - no recent transactions suggest the marketplace is dormant.
Lack of mainstream exchange listings limits price discovery and exposes you to higher volatility.
Team communication is sparse; the official site hasn’t been updated since Q2 2023.
The broader decentralized‑computing space is crowded, with better‑funded projects offering real‑world use cases.

Analysts at Blockworks (Oct 2025) classify SONM as “high risk” with less than a 15 % chance of meaningful revival. Unless you’re a hobbyist experimenting with fog computing on a testnet, the token offers little practical value today.

Quick Checklist for Potential SNM Holders

Verify you have a BSC‑compatible wallet.
Check the latest price on a reliable tracker (e.g., CoinGecko).
Use PancakeSwap for swaps; expect high slippage.
Consider the token’s liquidity risk before committing more than a small speculative amount.
Monitor community channels (Telegram, Discord) for any development updates.

Frequently Asked Questions

What blockchain does SONM (SNM) run on?

The primary SNM token is a BEP‑20 asset on Binance Smart Chain. A parallel ERC‑20 version also exists, but the BEP‑20 version is the most widely circulated.

How can I earn SNM without buying it?

In theory, you can run SONM node software, offer spare CPU/GPU resources, and get paid in SNM. In practice, the network shows zero active nodes, so earning opportunities are currently unavailable.

Is SONM listed on major exchanges?

No. Binance, Coinbase, and other large CEXs do not list SNM. Trading is limited to decentralized platforms like PancakeSwap.

What’s the difference between SONM and Golem?

Both aim to create a marketplace for spare compute power, but Golem runs on Ethereum, has far higher liquidity, and maintains an active developer community. SONM’s BEP‑20 token has minimal usage and almost no transaction volume.

Should I invest in SNM?

Given the token’s dormancy, lack of exchange listings, and tiny market cap, SNM is a high‑risk speculative bet. Allocate only money you can afford to lose, and consider more established projects if you want exposure to decentralized computing.

15 Comments:

John Lee December 13, 2024 AT 13:43

I've been keeping an eye on the fog‑computing scene for a while now, and SONM's SNM token is a fascinating case study. The idea of monetizing idle CPU/GPU cycles sounds solid, but the numbers in the guide make me wonder if the market has truly embraced it. Still, the BEP‑20 twist could attract Binance‑savvy users who like low‑fee swaps. If the team can revive node activity, we might see a slow but steady uptick.
del allen December 17, 2024 AT 17:09

lol i thot SNM was a meme coin 😂
Scott McCalman December 21, 2024 AT 20:35

Honestly, this whole SONM spiel is a classic example of hype over substance 😤. The token's price is practically zero, yet the marketing still screams "revolutionary fog computing". If you look at the transaction volume, it's practically a ghost town – no one is actually using it. The only drama here is the illusion of a bustling marketplace when there’s literally nothing happening on‑chain.
PRIYA KUMARI December 26, 2024 AT 00:00

Stop buying into the hype, people. SONM is a dead project with zero activity, and anyone still promoting it is just trying to milk the last few dust tokens. The team’s silence since 2023 proves they’ve given up.
Ryan Comers December 30, 2024 AT 03:26

Whoa, calm down! As an American investor, I see potential in any project that can offload compute for cheap, even if it looks dead now 🇺🇸💪. Maybe the market just hasn’t discovered the hidden value yet. Give it time; we’ve seen similar “sleeping giants” bounce back.
Prerna Sahrawat January 3, 2025 AT 06:52

SONM's conceptual framework, when examined through the lens of distributed systems theory, reveals a nuanced attempt to decentralize computational resources that, on paper, could democratize access to high‑performance computing. However, the stark disparity between the lofty ambitions articulated in early whitepapers and the stark reality of current on‑chain metrics raises profound questions about execution fidelity. The tokenomics, anchored by a nominal price of $0.000143, betray a market that has effectively priced out any meaningful speculation, thereby relegating SNM to the periphery of investors’ radar. Moreover, the conspicuous absence of active addresses, as highlighted in the guide, suggests that the network's node infrastructure has withered, leaving a skeletal framework devoid of functional utility. One might argue that the migration to Binance Smart Chain was a strategic pivot aimed at leveraging lower transaction fees, yet this maneuver has not translated into renewed developer engagement or community vibrancy. The comparative analysis with Golem and iExec further underscores SONM's marginalization, as those projects maintain robust ecosystems, active marketplaces, and tangible use‑cases spanning AI research to rendering services. In the absence of substantive development updates since mid‑2023, the project's governance appears inert, fostering a vacuum that erodes confidence among potential contributors. The liquidity constraints on decentralized exchanges exacerbate this malaise, as any sizable trade incurs prohibitive slippage, effectively disincentivizing market participation. From a risk management perspective, allocating capital to SNM resembles an exercise in speculative gambling rather than a calculated investment. The token's minuscule market cap of $47,554 is emblematic of its limited adoption and signals a precarious foothold in an increasingly crowded decentralized computing landscape. While the theoretical allure of fog computing remains compelling, the practical embodiment within SONM's current architecture is, regrettably, underdelivered. Prospective users seeking to harness idle hardware for remuneration would be better served by platforms demonstrating active node counts and transparent reward mechanisms. The community's reliance on Telegram whispers and sporadic Discord chatter offers little reassurance that the roadmap will be materially advanced. Consequently, any optimism about a renaissance must be tempered with the sobering reality of stagnant codebases, dormant networks, and a marketplace that seemingly exists only in promotional collateral. In sum, until SONM can substantiate active transaction flows, secure meaningful exchange listings, and revitalize its developer ecosystem, it will remain a marginal footnote in the broader narrative of decentralized computing.
Joy Garcia January 7, 2025 AT 10:17

Honestly, if you think SNM is anything more than a meme engineered by shadowy investors, you’re living in a fantasy. The whole “decentralized compute” narrative feels like a smokescreen to pump dust tokens while the real power sits behind closed doors. I’d stay far away unless you enjoy burning your crypto on a ghost project.
mike ballard January 11, 2025 AT 13:43

From a cloud‑native perspective, SONM attempts to overlay a fog layer atop traditional IaaS, but the lack of Kubernetes‑style orchestration hinders scalability. Without robust API gateways and service mesh integration, the marketplace cannot attract enterprise workloads.
Mike Cristobal January 15, 2025 AT 17:09

Promoting a token with zero activity is ethically questionable 😒. Investors deserve transparency, not empty promises.
Johanna Hegewald January 19, 2025 AT 20:35

For anyone trying to buy SNM, use PancakeSwap and double‑check the contract address to avoid scams.
Benjamin Debrick January 24, 2025 AT 00:00

One must, indeed, recognize the epistemic dissonance inherent in the discourse surrounding SONM; the proliferation of hyperbole, devoid of empirical substantiation, renders the token a mere simulacrum of innovation.
Anna Kammerer January 28, 2025 AT 03:26

Oh sure, because we all love sinking our savings into a token that hasn't seen a transaction in years – sarcasm intended.
Mike GLENN February 1, 2025 AT 06:52

While the guide paints a bleak picture of SONM's current state, it's worth noting that the underlying technology could still have niche applications, especially in academic research where cost constraints are paramount. The fog‑computing model, in theory, offers a decentralized alternative to expensive cloud services, which could be attractive to small labs or hobbyists. However, the practical barrier of near‑zero liquidity and absent node activity remains a significant deterrent. Until the community can demonstrate real‑world workloads and incentivize providers, the token's utility will stay largely speculative.
Elizabeth Chatwood February 5, 2025 AT 10:17

hey folks keep looking for updates its gonna get better someday
Tom Grimes February 9, 2025 AT 13:43

Honestly, I can’t help but feel a bit of sadness watching a project like SONM with all its promise drift into obscurity, especially when I see countless developers who poured their heart into building the infrastructure only to have it sit idle. It’s like watching a once‑vibrant garden wither because the caretakers abandoned it, and the community that could have nurtured it moved on. I keep wondering what could have been if there had been a stronger governance model and consistent funding streams to keep the nodes alive. Maybe someday someone will resurrect it, but for now, it serves as a cautionary tale about the perils of hype without substance.