Convert Sommelier SOMM to Australian Dollar AUD
SOMM to AUD: 1 Sommelier converts to A$0.000885 AUD as of December 21 at 9:59 PM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is A$0.000885 per SOMM. With a circulating supply of 372,322,308 SOMM, it means that Sommelier has a total market cap of A$330,228.36. The amount of Sommelier traded has fallen by -A$983.93 in the last 24 hours, which is a 58.02% decrease. Additionally, in the last day, A$1,695.79 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is A$0.000885 AUD. In other words, to buy 5 Sommelier, it would cost you A$0.004424 AUD. Inversely, A$1.00 AUD would allow you to trade for 1,130.30 SOMM while A$50.00 AUD would convert to 56,515.25 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 35.18%. Meanwhile, in the last 24 hours, the rate has changed by 14.87%, and that the highest exchange rate of 1 SOMM to AUD was A$0.0012 AUD and the lowest 24 hour value was 1 SOMM for A$0.000860 AUD. Last month, 1 SOMM was worth A$0.0014 AUD. Today, it's down 34.79%. Looking back a year, Sommelier has changed by A$0.0304 AUD. That means that in a single year, the value of Sommelier has shrank by 96.92%.
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 AUD values from Today at 9:59 pm
0.5 SOMM = A$0.000442 AUD |
1 SOMM = A$0.000885 AUD |
5 SOMM = A$0.0044 AUD |
10 SOMM = A$0.0088 AUD |
50 SOMM = A$0.0442 AUD |
100 SOMM = A$0.0885 AUD |
500 SOMM = A$0.44 AUD |
1,000 SOMM = A$0.88 AUD |
AUD to SOMM values from Today at 9:59 pm
A$0.50 AUD = 565.15 SOMM |
A$1.00 AUD = 1,130.30 SOMM |
A$5.00 AUD = 5,651.52 SOMM |
A$10.00 AUD = 11,303.05 SOMM |
A$50.00 AUD = 56,515.25 SOMM |
A$100.00 AUD = 113,030.50 SOMM |
A$500.00 AUD = 565,152.49 SOMM |
A$1,000.00 AUD = 1,130,304.98 SOMM |
SOMM to AUD over time
SOMM | Today | 24H 97.21% | 1M 96.27% | 1Y 18.42% |
|---|---|---|---|---|
0.5 SOMM | A$0.000442 AUD | A$0.000519 AUD | A$0.000695 AUD | A$0.0152 AUD |
1 SOMM | A$0.000885 AUD | A$0.0010 AUD | A$0.0014 AUD | A$0.0304 AUD |
5 SOMM | A$0.0044 AUD | A$0.0052 AUD | A$0.0069 AUD | A$0.15 AUD |
10 SOMM | A$0.0088 AUD | A$0.0104 AUD | A$0.0139 AUD | A$0.30 AUD |
50 SOMM | A$0.0442 AUD | A$0.0519 AUD | A$0.0695 AUD | A$1.52 AUD |
100 SOMM | A$0.0885 AUD | A$0.10 AUD | A$0.14 AUD | A$3.04 AUD |
500 SOMM | A$0.44 AUD | A$0.52 AUD | A$0.69 AUD | A$15.20 AUD |
1,000 SOMM | A$0.88 AUD | A$1.04 AUD | A$1.39 AUD | A$30.40 AUD |
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Frequently asked questions
How much is 1 Sommelier in AUD?
Right now, 1 Sommelier is worth about A$0.000885.
How much SOMM could I buy for 1 AUD?
Based on the current rate, you could get 1,130.3 SOMM for 1 AUD.
How much has the price of Sommelier changed?
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.
How do I calculate or convert SOMM to AUD?
You can use our SOMM to AUD calculator at the top of this page to convert any amount of SOMM to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 5,651.52 SOMM. Inversely, 5 SOMM will cost about A$0.0044
How can I buy 1 Sommelier on Coinbase?
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
What are assets similar to Sommelier that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, Envision, and Envision. 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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