Convert Sommelier SOMM to British Pound GBP
SOMM to GBP: 1 Sommelier converts to £0.000335 GBP as of February 13 at 1:09 AM
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is £0.000335 per SOMM. With a circulating supply of 374,797,031 SOMM, it means that Sommelier has a total market cap of £124,323.42. The amount of Sommelier traded has risen by £33.97 in the last 24 hours, which is a 23.70% increase. Additionally, in the last day, £143.35 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is £0.000335 GBP. In other words, to buy 5 Sommelier, it would cost you £0.001673 GBP. Inversely, £1.00 GBP would allow you to trade for 2,988.35 SOMM while £50.00 GBP would convert to 149,417.47 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.71%. Meanwhile, in the last 24 hours, the rate has changed by 17.46%, and that the highest exchange rate of 1 SOMM to GBP was £0.000341 GBP and the lowest 24 hour value was 1 SOMM for £0.000284 GBP. Last month, 1 SOMM was worth £0.000600 GBP. Today, it's down 43.59%. Looking back a year, Sommelier has changed by £0.0055 GBP. That means that in a single year, the value of Sommelier has shrank by 93.45%.
Sommelier Market Stats
Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Conversion tables
SOMM to GBP values from Today at 1:09 am
0.5 SOMM = £0.000167 GBP |
1 SOMM = £0.000335 GBP |
5 SOMM = £0.0017 GBP |
10 SOMM = £0.0033 GBP |
50 SOMM = £0.0167 GBP |
100 SOMM = £0.0335 GBP |
500 SOMM = £0.17 GBP |
1,000 SOMM = £0.33 GBP |
GBP to SOMM values from Today at 1:09 am
£0.50 GBP = 1,494.17 SOMM |
£1.00 GBP = 2,988.35 SOMM |
£5.00 GBP = 14,941.75 SOMM |
£10.00 GBP = 29,883.49 SOMM |
£50.00 GBP = 149,417.47 SOMM |
£100.00 GBP = 298,834.94 SOMM |
£500.00 GBP = 1,494,174.68 SOMM |
£1,000.00 GBP = 2,988,349.37 SOMM |
SOMM to GBP over time
SOMM | Today | 24H 14.87% | 1M -79.35% | 1Y -1,554.54% |
|---|---|---|---|---|
0.5 SOMM | £0.000167 GBP | £0.000142 GBP | £0.000300 GBP | £0.0028 GBP |
1 SOMM | £0.000335 GBP | £0.000285 GBP | £0.000600 GBP | £0.0055 GBP |
5 SOMM | £0.0017 GBP | £0.0014 GBP | £0.0030 GBP | £0.0277 GBP |
10 SOMM | £0.0033 GBP | £0.0028 GBP | £0.0060 GBP | £0.0554 GBP |
50 SOMM | £0.0167 GBP | £0.0142 GBP | £0.0300 GBP | £0.28 GBP |
100 SOMM | £0.0335 GBP | £0.0285 GBP | £0.0600 GBP | £0.55 GBP |
500 SOMM | £0.17 GBP | £0.14 GBP | £0.30 GBP | £2.77 GBP |
1,000 SOMM | £0.33 GBP | £0.28 GBP | £0.60 GBP | £5.54 GBP |
Frequently asked questions
Right now, 1 Sommelier is worth about £0.000335.
Based on the current rate, you could get 2,988.35 SOMM for 1 GBP.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to GBP calculator at the top of this page to convert any amount of SOMM to GBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GBP is equivalent to 14,941.75 SOMM. Inversely, 5 SOMM will cost about £0.0017
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Titi Financial, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Popular prediction markets
Popular price predictions
Discover fiat currency conversions
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
