Convert Sommelier SOMM to Euro EUR
SOMM to EUR: 1 Sommelier converts to €0.0010 EUR as of June 14 at 3:28 PM
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is €0.0010 per SOMM. With a circulating supply of 340,940,206 SOMM, it means that Sommelier has a total market cap of €348,878.76. The amount of Sommelier traded has fallen by -€52.21 in the last 24 hours, which is a 89.39% decrease. Additionally, in the last day, €58.40 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is €0.0010 EUR. In other words, to buy 5 Sommelier, it would cost you €0.0051 EUR. Inversely, €1.00 EUR would allow you to trade for 984.65 SOMM while €50.00 EUR would convert to 49,232.47 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.82%. Meanwhile, in the last 24 hours, the rate has changed by 8.1%, and that the highest exchange rate of 1 SOMM to EUR was €0.0011 EUR and the lowest 24 hour value was 1 SOMM for €0.000865 EUR. Last month, 1 SOMM was worth €0.0020 EUR. Today, it's down 48.41%. Looking back a year, Sommelier has changed by €0.0444 EUR. That means that in a single year, the value of Sommelier has shrank by 97.54%.
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 EUR values from Today at 3:28 pm
0.5 SOMM = €0.000508 EUR |
1 SOMM = €0.0010 EUR |
5 SOMM = €0.0051 EUR |
10 SOMM = €0.0102 EUR |
50 SOMM = €0.0508 EUR |
100 SOMM = €0.10 EUR |
500 SOMM = €0.51 EUR |
1,000 SOMM = €1.02 EUR |
EUR to SOMM values from Today at 3:29 pm
0.5 EUR = 492.32 SOMM |
1 EUR = 984.65 SOMM |
5 EUR = 4,923.25 SOMM |
10 EUR = 9,846.49 SOMM |
50 EUR = 49,232.47 SOMM |
100 EUR = 98,464.95 SOMM |
500 EUR = 492,324.73 SOMM |
1,000 EUR = 984,649.45 SOMM |
SOMM to EUR over time
SOMM | Today | 24H | 1M | 1Y |
---|---|---|---|---|
0.5 SOMM | €0.000508 EUR | €0.000469 EUR | €0.0010 EUR | €0.0222 EUR |
1 SOMM | €0.0010 EUR | €0.000938 EUR | €0.0020 EUR | €0.0444 EUR |
5 SOMM | €0.0051 EUR | €0.0047 EUR | €0.0101 EUR | €0.22 EUR |
10 SOMM | €0.0102 EUR | €0.0094 EUR | €0.0203 EUR | €0.44 EUR |
50 SOMM | €0.0508 EUR | €0.0469 EUR | €0.10 EUR | €2.22 EUR |
100 SOMM | €0.10 EUR | €0.0938 EUR | €0.20 EUR | €4.44 EUR |
500 SOMM | €0.51 EUR | €0.47 EUR | €1.01 EUR | €22.21 EUR |
1,000 SOMM | €1.02 EUR | €0.94 EUR | €2.03 EUR | €44.41 EUR |
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Frequently asked questions
How much is 1 Sommelier in EUR?
Right now, 1 Sommelier is worth about €0.001.
How much SOMM could I buy for 1 EUR?
Based on the current rate, you could get 984.65 SOMM for 1 EUR.
How much has the price of Sommelier changed?
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.
How do I calculate or convert SOMM to EUR?
You can use our SOMM to EUR calculator at the top of this page to convert any amount of SOMM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 4,923.25 SOMM. Inversely, 5 SOMM will cost about €0.0051
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 EcoG9coin, ZINC, and Leia Games. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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