Convert Sommelier SOMM to Canadian Dollar CAD

SOMM to CAD: 1 Sommelier converts to CA$0.000784 CAD as of December 29 at 11:35 PM

CA$

About Sommelier

Sommelier is falling this week. The current price of Sommelier is CA$0.000784 per SOMM. With a circulating supply of 372,378,651 SOMM, it means that Sommelier has a total market cap of CA$293,168.29. The amount of Sommelier traded has fallen by CA$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, CA$225.41 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is CA$0.000784 CAD. In other words, to buy 5 Sommelier, it would cost you CA$0.003922 CAD. Inversely, CA$1.00 CAD would allow you to trade for 1,274.96 SOMM while CA$50.00 CAD would convert to 63,748.23 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.21%. Meanwhile, in the last 24 hours, the rate has changed by 7.12%, which means that the highest exchange rate of 1 SOMM to CAD was CA$0.000872 CAD and the lowest 24 hour value was 1 SOMM for CA$0.000749 CAD. Last month, 1 SOMM was worth CA$0.0015 CAD. Today, it's down 46.6%. Looking back a year, Sommelier has changed by CA$0.0183 CAD. That means that in a single year, the value of Sommelier has shrank by 95.5%.

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.

CA$0.000784Price
CA$293.17KMarket cap
CA$225.41Volume (24h)
372.4M SOMMCir. Supply

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Conversion tables

SOMM to CAD values from Today at 11:35 pm

0.5 SOMM = CA$0.000392 CAD
1 SOMM = CA$0.000784 CAD
5 SOMM = CA$0.0039 CAD
10 SOMM = CA$0.0078 CAD
50 SOMM = CA$0.0392 CAD
100 SOMM = CA$0.0784 CAD
500 SOMM = CA$0.39 CAD
1,000 SOMM = CA$0.78 CAD

CAD to SOMM values from Today at 11:36 pm

CA$0.50 CAD = 637.48 SOMM
CA$1.00 CAD = 1,274.96 SOMM
CA$5.00 CAD = 6,374.82 SOMM
CA$10.00 CAD = 12,749.65 SOMM
CA$50.00 CAD = 63,748.23 SOMM
CA$100.00 CAD = 127,496.45 SOMM
CA$500.00 CAD = 637,482.26 SOMM
CA$1,000.00 CAD = 1,274,964.52 SOMM

SOMM to CAD over time

SOMM
Today
24H
-7.50%
1M
-91.34%
1Y
-2,230.90%
0.5 SOMM
CA$0.000392 CAD
CA$0.000422 CAD
CA$0.000750 CAD
CA$0.0091 CAD
1 SOMM
CA$0.000784 CAD
CA$0.000843 CAD
CA$0.0015 CAD
CA$0.0183 CAD
5 SOMM
CA$0.0039 CAD
CA$0.0042 CAD
CA$0.0075 CAD
CA$0.0914 CAD
10 SOMM
CA$0.0078 CAD
CA$0.0084 CAD
CA$0.0150 CAD
CA$0.18 CAD
50 SOMM
CA$0.0392 CAD
CA$0.0422 CAD
CA$0.0750 CAD
CA$0.91 CAD
100 SOMM
CA$0.0784 CAD
CA$0.0843 CAD
CA$0.15 CAD
CA$1.83 CAD
500 SOMM
CA$0.39 CAD
CA$0.42 CAD
CA$0.75 CAD
CA$9.14 CAD
1,000 SOMM
CA$0.78 CAD
CA$0.84 CAD
CA$1.50 CAD
CA$18.28 CAD

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