Convert Sommelier SOMM to Indian Rupee INR

SOMM to INR: 1 Sommelier converts to ₹0.0515 INR as of December 29 at 11:36 PM

About Sommelier

Sommelier is falling this week. The current price of Sommelier is ₹0.0515 per SOMM. With a circulating supply of 372,378,651 SOMM, it means that Sommelier has a total market cap of ₹19,253,877.85. The amount of Sommelier traded has fallen by ₹0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, ₹14,804.03 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ₹0.0515 INR. In other words, to buy 5 Sommelier, it would cost you ₹0.2576 INR. Inversely, ₹1.00 INR would allow you to trade for 19.41 SOMM while ₹50.00 INR would convert to 970.66 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 INR was ₹0.0573 INR and the lowest 24 hour value was 1 SOMM for ₹0.0492 INR. Last month, 1 SOMM was worth ₹0.0959 INR. Today, it's down 46.6%. Looking back a year, Sommelier has changed by ₹1.09 INR. 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.

₹0.0515Price
₹19.25MMarket cap
₹14.80KVolume (24h)
372.4M SOMMCir. Supply

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Conversion tables

SOMM to INR values from Today at 11:36 pm

0.5 SOMM = ₹0.0258 INR
1 SOMM = ₹0.0515 INR
5 SOMM = ₹0.26 INR
10 SOMM = ₹0.52 INR
50 SOMM = ₹2.58 INR
100 SOMM = ₹5.15 INR
500 SOMM = ₹25.76 INR
1,000 SOMM = ₹51.51 INR

INR to SOMM values from Today at 11:37 pm

₹0.50 INR = 9.71 SOMM
₹1.00 INR = 19.41 SOMM
₹5.00 INR = 97.07 SOMM
₹10.00 INR = 194.13 SOMM
₹50.00 INR = 970.66 SOMM
₹100.00 INR = 1,941.32 SOMM
₹500.00 INR = 9,706.59 SOMM
₹1,000.00 INR = 19,413.19 SOMM

SOMM to INR over time

SOMM
Today
24H
-7.56%
1M
-86.10%
1Y
-2,019.24%
0.5 SOMM
₹0.0258 INR
₹0.0277 INR
₹0.0479 INR
₹0.55 INR
1 SOMM
₹0.0515 INR
₹0.0554 INR
₹0.0959 INR
₹1.09 INR
5 SOMM
₹0.26 INR
₹0.28 INR
₹0.48 INR
₹5.46 INR
10 SOMM
₹0.52 INR
₹0.55 INR
₹0.96 INR
₹10.92 INR
50 SOMM
₹2.58 INR
₹2.77 INR
₹4.79 INR
₹54.58 INR
100 SOMM
₹5.15 INR
₹5.54 INR
₹9.59 INR
₹109.16 INR
500 SOMM
₹25.76 INR
₹27.70 INR
₹47.93 INR
₹545.82 INR
1,000 SOMM
₹51.51 INR
₹55.40 INR
₹95.86 INR
₹1,091.65 INR

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