Convert Sommelier SOMM to Indian Rupee INR

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ₹0.04517 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₹16,217,785.74. The amount of Sommelier traded has fallen by -₹27.89 in the last 24 hours, which is a 91.24% decrease. Additionally, in the last day, ₹30.57 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ₹0.04517 INR. In other words, to buy 5 Sommelier, it would cost you ₹0.22585 INR. Inversely, ₹1.00 INR would allow you to trade for 22.14 SOMM while ₹50.00 INR would convert to 1,106.93 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 3.52%. Meanwhile, in the last 24 hours, the rate has changed by 3.22%, and that the highest exchange rate of 1 SOMM to INR was ₹0.04493 INR and the lowest 24 hour value was 1 SOMM for ₹0.04344 INR. Last month, 1 SOMM was worth ₹0.03773 INR. Today, it's up 15.61%. Looking back a year, Sommelier has changed by ₹0.08812 INR. That means that in a single year, the value of Sommelier has shrank by 55.55%.

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.

₹0.04517Price
₹16.22MMarket cap
₹30.57Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to INR values from Today at 2:17 pm

0.5 SOMM = ₹0.02258 INR
1 SOMM = ₹0.04517 INR
5 SOMM = ₹0.2258 INR
10 SOMM = ₹0.4517 INR
50 SOMM = ₹2.26 INR
100 SOMM = ₹4.52 INR
500 SOMM = ₹22.58 INR
1,000 SOMM = ₹45.17 INR

INR to SOMM values from Today at

₹0.50 INR = 11.07 SOMM
₹1.00 INR = 22.14 SOMM
₹5.00 INR = 110.69 SOMM
₹10.00 INR = 221.39 SOMM
₹50.00 INR = 1,106.93 SOMM
₹100.00 INR = 2,213.87 SOMM
₹500.00 INR = 11,069.33 SOMM
₹1,000.00 INR = 22,138.66 SOMM

SOMM to INR over time

SOMM
Today
24H
0.55%
1M
16.47%
1Y
-95.09%
0.5 SOMM
₹0.02258 INR
₹0.02246 INR
₹0.01886 INR
₹0.04406 INR
1 SOMM
₹0.04517 INR
₹0.04492 INR
₹0.03773 INR
₹0.08812 INR
5 SOMM
₹0.2258 INR
₹0.2246 INR
₹0.1886 INR
₹0.4406 INR
10 SOMM
₹0.4517 INR
₹0.4492 INR
₹0.3773 INR
₹0.8812 INR
50 SOMM
₹2.26 INR
₹2.25 INR
₹1.89 INR
₹4.41 INR
100 SOMM
₹4.52 INR
₹4.49 INR
₹3.77 INR
₹8.81 INR
500 SOMM
₹22.58 INR
₹22.46 INR
₹18.86 INR
₹44.06 INR
1,000 SOMM
₹45.17 INR
₹44.92 INR
₹37.73 INR
₹88.12 INR

Frequently asked questions

Right now, 1 Sommelier is worth about ₹0.04517.

Based on the current rate, you could get 22.14 SOMM for 1 INR.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to INR calculator at the top of this page to convert any amount of SOMM to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 110.69 SOMM. Inversely, 5 SOMM will cost about ₹0.2258

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 Titi Financial, Envision, and Envision. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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