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Convert Sommelier SOMM to Euro EUR

SOMM to EUR: 1 Sommelier converts to €0.000727 EUR as of July 20 at 2:07 AM

About Sommelier

Sommelier is falling this week. The current price of Sommelier is €0.000727 per SOMM. With a circulating supply of 364,042,710 SOMM, it means that Sommelier has a total market cap of €264,698.58. The amount of Sommelier traded has fallen by -€370.45 in the last 24 hours, which is a 12.04% decrease. Additionally, in the last day, €3,077.50 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is €0.000727 EUR. In other words, to buy 5 Sommelier, it would cost you €0.003633 EUR. Inversely, €1.00 EUR would allow you to trade for 1,376.13 SOMM while €50.00 EUR would convert to 68,806.63 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 42.08%. Meanwhile, in the last 24 hours, the rate has changed by 12.74%, and that the highest exchange rate of 1 SOMM to EUR was €0.000868 EUR and the lowest 24 hour value was 1 SOMM for €0.000693 EUR. Last month, 1 SOMM was worth €0.0011 EUR. Today, it's down 35.31%. Looking back a year, Sommelier has changed by €0.0284 EUR. That means that in a single year, the value of Sommelier has shrank by 97.27%.

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.

€0.000727Price
€264.70KMarket cap
€3.08KVolume (24h)
364M SOMMCir. Supply

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Conversion tables

SOMM to EUR values from Today at 2:07 am

0.5 SOMM = €0.000363 EUR
1 SOMM = €0.000727 EUR
5 SOMM = €0.0036 EUR
10 SOMM = €0.0073 EUR
50 SOMM = €0.0363 EUR
100 SOMM = €0.0727 EUR
500 SOMM = €0.36 EUR
1,000 SOMM = €0.73 EUR

EUR to SOMM values from Today at 2:08 am

€0.50 EUR = 688.07 SOMM
€1.00 EUR = 1,376.13 SOMM
€5.00 EUR = 6,880.66 SOMM
€10.00 EUR = 13,761.33 SOMM
€50.00 EUR = 68,806.63 SOMM
€100.00 EUR = 137,613.26 SOMM
€500.00 EUR = 688,066.28 SOMM
€1,000.00 EUR = 1,376,132.55 SOMM

SOMM to EUR over time

SOMM
Today
24H
-14.55%
1M
-56.03%
1Y
-3,802.33%
0.5 SOMM
€0.000363 EUR
€0.000416 EUR
€0.000567 EUR
€0.0142 EUR
1 SOMM
€0.000727 EUR
€0.000832 EUR
€0.0011 EUR
€0.0284 EUR
5 SOMM
€0.0036 EUR
€0.0042 EUR
€0.0057 EUR
€0.14 EUR
10 SOMM
€0.0073 EUR
€0.0083 EUR
€0.0113 EUR
€0.28 EUR
50 SOMM
€0.0363 EUR
€0.0416 EUR
€0.0567 EUR
€1.42 EUR
100 SOMM
€0.0727 EUR
€0.0832 EUR
€0.11 EUR
€2.84 EUR
500 SOMM
€0.36 EUR
€0.42 EUR
€0.57 EUR
€14.18 EUR
1,000 SOMM
€0.73 EUR
€0.83 EUR
€1.13 EUR
€28.36 EUR

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