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Convert Sommelier SOMM to British Pound GBP

SOMM to GBP: 1 Sommelier converts to £0.000710 GBP as of June 16 at 4:27 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is £0.000710 per SOMM. With a circulating supply of 340,958,527 SOMM, it means that Sommelier has a total market cap of £244,287.04. The amount of Sommelier traded has risen by £34.42 in the last 24 hours, which is a 3.23% increase. Additionally, in the last day, £1,066.27 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is £0.000710 GBP. In other words, to buy 5 Sommelier, it would cost you £0.003552 GBP. Inversely, £1.00 GBP would allow you to trade for 1,407.85 SOMM while £50.00 GBP would convert to 70,392.28 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 16.46%. Meanwhile, in the last 24 hours, the rate has changed by 5.21%, and that the highest exchange rate of 1 SOMM to GBP was £0.000768 GBP and the lowest 24 hour value was 1 SOMM for £0.000699 GBP. Last month, 1 SOMM was worth £0.0015 GBP. Today, it's down 52.52%. Looking back a year, Sommelier has changed by £0.0369 GBP. That means that in a single year, the value of Sommelier has shrank by 97.95%.

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.

£0.000710Current price
£244.29KMarket cap
£1.07KVolume (24h)
341M SOMMCir. Supply

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Conversion tables

SOMM to GBP values from Today at 4:27 am

0.5 SOMM = £0.000355 GBP
1 SOMM = £0.000710 GBP
5 SOMM = £0.0036 GBP
10 SOMM = £0.0071 GBP
50 SOMM = £0.0355 GBP
100 SOMM = £0.0710 GBP
500 SOMM = £0.36 GBP
1,000 SOMM = £0.71 GBP

GBP to SOMM values from Today at 4:28 am

0.5 GBP = 703.92 SOMM
1 GBP = 1,407.85 SOMM
5 GBP = 7,039.23 SOMM
10 GBP = 14,078.46 SOMM
50 GBP = 70,392.28 SOMM
100 GBP = 140,784.57 SOMM
500 GBP = 703,922.84 SOMM
1,000 GBP = 1,407,845.69 SOMM

SOMM to GBP over time

SOMM
Today
24H
-5.31%
1M
-114.06%
1Y
-5,101.65%
0.5 SOMM
£0.000355 GBP
£0.000374 GBP
£0.000760 GBP
£0.0185 GBP
1 SOMM
£0.000710 GBP
£0.000748 GBP
£0.0015 GBP
£0.0369 GBP
5 SOMM
£0.0036 GBP
£0.0037 GBP
£0.0076 GBP
£0.18 GBP
10 SOMM
£0.0071 GBP
£0.0075 GBP
£0.0152 GBP
£0.37 GBP
50 SOMM
£0.0355 GBP
£0.0374 GBP
£0.0760 GBP
£1.85 GBP
100 SOMM
£0.0710 GBP
£0.0748 GBP
£0.15 GBP
£3.69 GBP
500 SOMM
£0.36 GBP
£0.37 GBP
£0.76 GBP
£18.47 GBP
1,000 SOMM
£0.71 GBP
£0.75 GBP
£1.52 GBP
£36.95 GBP

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Frequently asked questions

How much is 1 Sommelier in GBP?

Right now, 1 Sommelier is worth about £0.00071.

How much SOMM could I buy for 1 GBP?

Based on the current rate, you could get 1,407.85 SOMM for 1 GBP.

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 GBP?

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 7,039.23 SOMM. Inversely, 5 SOMM will cost about £0.0036

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 SadCat, Covalent, and Picasso. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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