Convert Sommelier SOMM to Singapore Dollar SGD
SOMM to SGD: 1 Sommelier converts to S$0.000576 SGD as of February 13 at 1:07 AM
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is S$0.000576 per SOMM. With a circulating supply of 374,797,031 SOMM, it means that Sommelier has a total market cap of S$213,826.32. The amount of Sommelier traded has risen by S$58.42 in the last 24 hours, which is a 23.70% increase. Additionally, in the last day, S$246.55 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is S$0.000576 SGD. In other words, to buy 5 Sommelier, it would cost you S$0.002880 SGD. Inversely, S$1.00 SGD would allow you to trade for 1,736.12 SOMM while S$50.00 SGD would convert to 86,805.87 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 SGD was S$0.000586 SGD and the lowest 24 hour value was 1 SOMM for S$0.000489 SGD. Last month, 1 SOMM was worth S$0.0010 SGD. Today, it's down 43.59%. Looking back a year, Sommelier has changed by S$0.0093 SGD. 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.
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Conversion tables
SOMM to SGD values from Today at 1:07 am
0.5 SOMM = S$0.000288 SGD |
1 SOMM = S$0.000576 SGD |
5 SOMM = S$0.0029 SGD |
10 SOMM = S$0.0058 SGD |
50 SOMM = S$0.0288 SGD |
100 SOMM = S$0.0576 SGD |
500 SOMM = S$0.29 SGD |
1,000 SOMM = S$0.58 SGD |
SGD to SOMM values from Today at 1:08 am
S$0.50 SGD = 868.06 SOMM |
S$1.00 SGD = 1,736.12 SOMM |
S$5.00 SGD = 8,680.59 SOMM |
S$10.00 SGD = 17,361.17 SOMM |
S$50.00 SGD = 86,805.87 SOMM |
S$100.00 SGD = 173,611.75 SOMM |
S$500.00 SGD = 868,058.74 SOMM |
S$1,000.00 SGD = 1,736,117.48 SOMM |
SOMM to SGD over time
SOMM | Today | 24H 14.93% | 1M -80.58% | 1Y -1,520.26% |
|---|---|---|---|---|
0.5 SOMM | S$0.000288 SGD | S$0.000245 SGD | S$0.000520 SGD | S$0.0047 SGD |
1 SOMM | S$0.000576 SGD | S$0.000490 SGD | S$0.0010 SGD | S$0.0093 SGD |
5 SOMM | S$0.0029 SGD | S$0.0024 SGD | S$0.0052 SGD | S$0.0467 SGD |
10 SOMM | S$0.0058 SGD | S$0.0049 SGD | S$0.0104 SGD | S$0.0933 SGD |
50 SOMM | S$0.0288 SGD | S$0.0245 SGD | S$0.0520 SGD | S$0.47 SGD |
100 SOMM | S$0.0576 SGD | S$0.0490 SGD | S$0.10 SGD | S$0.93 SGD |
500 SOMM | S$0.29 SGD | S$0.24 SGD | S$0.52 SGD | S$4.67 SGD |
1,000 SOMM | S$0.58 SGD | S$0.49 SGD | S$1.04 SGD | S$9.33 SGD |
Frequently asked questions
Right now, 1 Sommelier is worth about S$0.000576.
Based on the current rate, you could get 1,736.12 SOMM for 1 SGD.
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 SGD calculator at the top of this page to convert any amount of SOMM to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 8,680.59 SOMM. Inversely, 5 SOMM will cost about S$0.0029
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.
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Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
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