Convert Sommelier SOMM to British Pound GBP
SOMM to GBP: 1 Sommelier converts to £0.000425 GBP as of December 29 at 7:11 PM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is £0.000425 per SOMM. With a circulating supply of 372,378,651 SOMM, it means that Sommelier has a total market cap of £158,730.82. The amount of Sommelier traded has risen by £1,125.54 in the last 24 hours, which is a 892.21% increase. Additionally, in the last day, £126.15 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is £0.000425 GBP. In other words, to buy 5 Sommelier, it would cost you £0.002125 GBP. Inversely, £1.00 GBP would allow you to trade for 2,352.47 SOMM while £50.00 GBP would convert to 117,623.51 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.04%. Meanwhile, in the last 24 hours, the rate has changed by 6.99%, which means that the highest exchange rate of 1 SOMM to GBP was £0.000472 GBP and the lowest 24 hour value was 1 SOMM for £0.000406 GBP. Last month, 1 SOMM was worth £0.000811 GBP. Today, it's down 46.5%. Looking back a year, Sommelier has changed by £0.0102 GBP. That means that in a single year, the value of Sommelier has shrank by 95.49%.
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.
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Conversion tables
SOMM to GBP values from Today at 7:11 pm
0.5 SOMM = £0.000213 GBP |
1 SOMM = £0.000425 GBP |
5 SOMM = £0.0021 GBP |
10 SOMM = £0.0043 GBP |
50 SOMM = £0.0213 GBP |
100 SOMM = £0.0425 GBP |
500 SOMM = £0.21 GBP |
1,000 SOMM = £0.43 GBP |
GBP to SOMM values from Today at 7:12 pm
£0.50 GBP = 1,176.24 SOMM |
£1.00 GBP = 2,352.47 SOMM |
£5.00 GBP = 11,762.35 SOMM |
£10.00 GBP = 23,524.70 SOMM |
£50.00 GBP = 117,623.51 SOMM |
£100.00 GBP = 235,247.03 SOMM |
£500.00 GBP = 1,176,235.15 SOMM |
£1,000.00 GBP = 2,352,470.30 SOMM |
SOMM to GBP over time
SOMM | Today | 24H -7.61% | 1M -90.76% | 1Y -2,288.36% |
|---|---|---|---|---|
0.5 SOMM | £0.000213 GBP | £0.000229 GBP | £0.000405 GBP | £0.0051 GBP |
1 SOMM | £0.000425 GBP | £0.000457 GBP | £0.000811 GBP | £0.0102 GBP |
5 SOMM | £0.0021 GBP | £0.0023 GBP | £0.0041 GBP | £0.0508 GBP |
10 SOMM | £0.0043 GBP | £0.0046 GBP | £0.0081 GBP | £0.10 GBP |
50 SOMM | £0.0213 GBP | £0.0229 GBP | £0.0405 GBP | £0.51 GBP |
100 SOMM | £0.0425 GBP | £0.0457 GBP | £0.0811 GBP | £1.02 GBP |
500 SOMM | £0.21 GBP | £0.23 GBP | £0.41 GBP | £5.08 GBP |
1,000 SOMM | £0.43 GBP | £0.46 GBP | £0.81 GBP | £10.15 GBP |
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Frequently asked questions
How much is 1 Sommelier in GBP?
Right now, 1 Sommelier is worth about £0.000425.
How much SOMM could I buy for 1 GBP?
Based on the current rate, you could get 2,352.47 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 11,762.35 SOMM. Inversely, 5 SOMM will cost about £0.0021
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 Moon, Hex Orange Address, and Shack Token. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
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