Convert Sommelier SOMM to Euro EUR

SOMM to EUR: 1 Sommelier converts to €0.0002497 EUR as of August 16 at 8:06 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is €0.0002497 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of €92,887.40. The amount of Sommelier traded has risen by €2,654.93 in the last 24 hours, which is a 5,118.26% increase. Additionally, in the last day, €51.87 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is €0.0002497 EUR. In other words, to buy 5 Sommelier, it would cost you €0.0012485 EUR. Inversely, €1.00 EUR would allow you to trade for 4,004.80 SOMM while €50.00 EUR would convert to 200,240.19 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 20.56%. Meanwhile, in the last 24 hours, the rate has changed by 21.13%, and that the highest exchange rate of 1 SOMM to EUR was €0.0003236 EUR and the lowest 24 hour value was 1 SOMM for €0.0002228 EUR. Last month, 1 SOMM was worth €0.0003512 EUR. Today, it's down 28.34%. Looking back a year, Sommelier has changed by €0.001026 EUR. That means that in a single year, the value of Sommelier has shrank by 75.96%.

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.

€0.0002497Price
€92.89KMarket cap
€51.87Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to EUR values from Today at 8:06 am

0.5 SOMM = €0.0001249 EUR
1 SOMM = €0.0002497 EUR
5 SOMM = €0.001249 EUR
10 SOMM = €0.002497 EUR
50 SOMM = €0.01249 EUR
100 SOMM = €0.02497 EUR
500 SOMM = €0.1249 EUR
1,000 SOMM = €0.2497 EUR

EUR to SOMM values from Today at

€0.50 EUR = 2,002.40 SOMM
€1.00 EUR = 4,004.80 SOMM
€5.00 EUR = 20,024.02 SOMM
€10.00 EUR = 40,048.04 SOMM
€50.00 EUR = 200,240.19 SOMM
€100.00 EUR = 400,480.38 SOMM
€500.00 EUR = 2,002,401.91 SOMM
€1,000.00 EUR = 4,004,803.82 SOMM

SOMM to EUR over time

SOMM
Today
24H
-26.60%
1M
-40.66%
1Y
-310.88%
0.5 SOMM
€0.0001249 EUR
€0.0001581 EUR
€0.0001756 EUR
€0.000513 EUR
1 SOMM
€0.0002497 EUR
€0.0003161 EUR
€0.0003512 EUR
€0.001026 EUR
5 SOMM
€0.001249 EUR
€0.001581 EUR
€0.001756 EUR
€0.00513 EUR
10 SOMM
€0.002497 EUR
€0.003161 EUR
€0.003512 EUR
€0.01026 EUR
50 SOMM
€0.01249 EUR
€0.01581 EUR
€0.01756 EUR
€0.0513 EUR
100 SOMM
€0.02497 EUR
€0.03161 EUR
€0.03512 EUR
€0.1026 EUR
500 SOMM
€0.1249 EUR
€0.1581 EUR
€0.1756 EUR
€0.513 EUR
1,000 SOMM
€0.2497 EUR
€0.3161 EUR
€0.3512 EUR
€1.03 EUR

Frequently asked questions

Right now, 1 Sommelier is worth about €0.0002497.

Based on the current rate, you could get 4,004.80 SOMM for 1 EUR.

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.

You can use our SOMM to EUR calculator at the top of this page to convert any amount of SOMM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 20,024.02 SOMM. Inversely, 5 SOMM will cost about €0.001249

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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