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Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.0053 BRL as of July 19 at 6:27 PM

R$

About Sommelier

Sommelier is falling this week. The current price of Sommelier is R$0.0053 per SOMM. With a circulating supply of 364,039,961 SOMM, it means that Sommelier has a total market cap of R$1,947,961.96. The amount of Sommelier traded has fallen by -R$613.05 in the last 24 hours, which is a 30.10% decrease. Additionally, in the last day, R$2,037.00 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is R$0.0053 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.0267 BRL. Inversely, R$1.00 BRL would allow you to trade for 187.21 SOMM while R$50.00 BRL would convert to 9,360.74 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 31.05%. Meanwhile, in the last 24 hours, the rate has changed by 15.57%, and that the highest exchange rate of 1 SOMM to BRL was R$0.0063 BRL and the lowest 24 hour value was 1 SOMM for R$0.0051 BRL. Last month, 1 SOMM was worth R$0.0071 BRL. Today, it's down 26.01%. Looking back a year, Sommelier has changed by R$0.16 BRL. That means that in a single year, the value of Sommelier has shrank by 96.74%.

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.

R$0.0053Price
R$1.95MMarket cap
R$2.04KVolume (24h)
364M SOMMCir. Supply

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Conversion tables

SOMM to BRL values from Today at 6:27 pm

0.5 SOMM = R$0.0027 BRL
1 SOMM = R$0.0053 BRL
5 SOMM = R$0.0267 BRL
10 SOMM = R$0.0534 BRL
50 SOMM = R$0.27 BRL
100 SOMM = R$0.53 BRL
500 SOMM = R$2.67 BRL
1,000 SOMM = R$5.34 BRL

BRL to SOMM values from Today at 6:27 pm

R$0.50 BRL = 93.61 SOMM
R$1.00 BRL = 187.21 SOMM
R$5.00 BRL = 936.07 SOMM
R$10.00 BRL = 1,872.15 SOMM
R$50.00 BRL = 9,360.74 SOMM
R$100.00 BRL = 18,721.47 SOMM
R$500.00 BRL = 93,607.37 SOMM
R$1,000.00 BRL = 187,214.74 SOMM

SOMM to BRL over time

SOMM
Today
24H
99.38%
1M
99.30%
1Y
83.71%
0.5 SOMM
R$0.0027 BRL
R$0.0032 BRL
R$0.0036 BRL
R$0.0824 BRL
1 SOMM
R$0.0053 BRL
R$0.0063 BRL
R$0.0071 BRL
R$0.16 BRL
5 SOMM
R$0.0267 BRL
R$0.0316 BRL
R$0.0355 BRL
R$0.82 BRL
10 SOMM
R$0.0534 BRL
R$0.0632 BRL
R$0.0711 BRL
R$1.65 BRL
50 SOMM
R$0.27 BRL
R$0.32 BRL
R$0.36 BRL
R$8.24 BRL
100 SOMM
R$0.53 BRL
R$0.63 BRL
R$0.71 BRL
R$16.48 BRL
500 SOMM
R$2.67 BRL
R$3.16 BRL
R$3.55 BRL
R$82.38 BRL
1,000 SOMM
R$5.34 BRL
R$6.32 BRL
R$7.11 BRL
R$164.76 BRL

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