Convert Sommelier SOMM to British Pound GBP
SOMM to GBP: 1 Sommelier converts to £0.000475 GBP as of January 2 at 7:12 PM
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is £0.000475 per SOMM. With a circulating supply of 372,378,651 SOMM, it means that Sommelier has a total market cap of £176,367.08. The amount of Sommelier traded has fallen by -£11.23 in the last 24 hours, which is a 19.99% decrease. Additionally, in the last day, £56.15 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is £0.000475 GBP. In other words, to buy 5 Sommelier, it would cost you £0.002374 GBP. Inversely, £1.00 GBP would allow you to trade for 2,106.28 SOMM while £50.00 GBP would convert to 105,313.93 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.75%. Meanwhile, in the last 24 hours, the rate has changed by 8.42%, which means that the highest exchange rate of 1 SOMM to GBP was £0.000478 GBP and the lowest 24 hour value was 1 SOMM for £0.000433 GBP. Last month, 1 SOMM was worth £0.000644 GBP. Today, it's down 24.86%. Looking back a year, Sommelier has changed by £0.0118 GBP. That means that in a single year, the value of Sommelier has shrank by 95.62%.
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.
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Conversion tables
SOMM to GBP values from Today at 7:12 pm
0.5 SOMM = £0.000237 GBP |
1 SOMM = £0.000475 GBP |
5 SOMM = £0.0024 GBP |
10 SOMM = £0.0047 GBP |
50 SOMM = £0.0237 GBP |
100 SOMM = £0.0475 GBP |
500 SOMM = £0.24 GBP |
1,000 SOMM = £0.47 GBP |
GBP to SOMM values from Today at 7:13 pm
£0.50 GBP = 1,053.14 SOMM |
£1.00 GBP = 2,106.28 SOMM |
£5.00 GBP = 10,531.39 SOMM |
£10.00 GBP = 21,062.79 SOMM |
£50.00 GBP = 105,313.93 SOMM |
£100.00 GBP = 210,627.87 SOMM |
£500.00 GBP = 1,053,139.33 SOMM |
£1,000.00 GBP = 2,106,278.67 SOMM |
SOMM to GBP over time
SOMM | Today | 24H 7.73% | 1M -35.58% | 1Y -2,383.68% |
|---|---|---|---|---|
0.5 SOMM | £0.000237 GBP | £0.000219 GBP | £0.000322 GBP | £0.0059 GBP |
1 SOMM | £0.000475 GBP | £0.000438 GBP | £0.000644 GBP | £0.0118 GBP |
5 SOMM | £0.0024 GBP | £0.0022 GBP | £0.0032 GBP | £0.0590 GBP |
10 SOMM | £0.0047 GBP | £0.0044 GBP | £0.0064 GBP | £0.12 GBP |
50 SOMM | £0.0237 GBP | £0.0219 GBP | £0.0322 GBP | £0.59 GBP |
100 SOMM | £0.0475 GBP | £0.0438 GBP | £0.0644 GBP | £1.18 GBP |
500 SOMM | £0.24 GBP | £0.22 GBP | £0.32 GBP | £5.90 GBP |
1,000 SOMM | £0.47 GBP | £0.44 GBP | £0.64 GBP | £11.79 GBP |
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Frequently asked questions
How much is 1 Sommelier in GBP?
Right now, 1 Sommelier is worth about £0.000475.
How much SOMM could I buy for 1 GBP?
Based on the current rate, you could get 2,106.28 SOMM for 1 GBP.
How much has the price of Sommelier changed?
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. 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 10,531.39 SOMM. Inversely, 5 SOMM will cost about £0.0024
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.
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover fiat currency conversions
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
