
Convert and Swap Sommelier SOMM to Nigerian Naira NGN
SOMM/NGN: 1 Sommelier equals NGN 4.71 NGN
Sommelier (SOMM) is not tradable on Coinbase.
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Last update: 12:40 AM, April 16, 2025
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Sommelier market latest
Sommelier is falling this week.
The current price of Sommelier is NGN 4.71 per SOMM. With a circulating supply of 336,095,095 SOMM, it means that Sommelier has a total market cap of NGN 1,582,007,659.90. The amount of Sommelier traded has fallen by NGN 38,831,978.42 in the last 24 hours, which is a 45.68% decrease. Additionally, in the last day, NGN 85,010,805.12 worth of SOMM has been traded.
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About Sommelier
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.
Frequently asked questions
How much is 1 Sommelier in NGN?
Right now, 1 Sommelier is worth about NGN 4.71.
How much SOMM could I buy for 1 NGN?
Based on the current rate, you could get 0.21 SOMM for 1 NGN.
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 NGN?
You can use our SOMM to NGN calculator at the top of this page to convert any amount of SOMM to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 1.06 SOMM. Inversely, 5 SOMM will cost about NGN 23.54
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 Gyroscope GYD, Hydro Protocol, and dogwifhat (ETH). For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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SOMM to Nigerian Naira conversion tables
The exchange rate of Sommelier is decreasing.
The current value of 1 SOMM is NGN 4.71 NGN. In other words, to buy 5 Sommelier, it would cost you NGN 23.54 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.21 SOMM while NGN 50.00 NGN would convert to 10.62 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 49.33%. Meanwhile, in the last 24 hours, the rate has changed by 7.11%, and that the the highest exchange rate of 1 SOMM to Nigerian Naira was NGN 5.47 NGN and the lowest 24 hour value was 1 SOMM for NGN 4.65 NGN. This time last month, the value of 1 SOMM was NGN 8.84 NGN, which is a 48.8% increase from where it is now. Looking back a year, Sommelier has changed by NGN 116.59 NGN. That means that in a single year, the value of Sommelier has shrank by 97.1%.
SOMM to NGN performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
NGN 5.07 NGN | -7.11% | NGN 6.39 NGN | -49.33% | NGN 8.84 NGN | -48.80% | NGN 116.59 NGN | -97.10% |
SOMM to NGN
Amount | Today at 12:40 am |
---|---|
0.5 SOMM | NGN 2.35 |
1 SOMM | NGN 4.71 |
5 SOMM | NGN 23.54 |
10 SOMM | NGN 47.09 |
50 SOMM | NGN 235.43 |
100 SOMM | NGN 470.86 |
500 SOMM | NGN 2,354.28 |
1,000 SOMM | NGN 4,708.56 |
NGN to SOMM
Amount | Today at 12:40 am |
---|---|
0.5 NGN | 0.11 SOMM |
1 NGN | 0.21 SOMM |
5 NGN | 1.06 SOMM |
10 NGN | 2.12 SOMM |
50 NGN | 10.62 SOMM |
100 NGN | 21.24 SOMM |
500 NGN | 106.19 SOMM |
1,000 NGN | 212.38 SOMM |
Today vs. 24 hours ago
Amount | Today at 12:40 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 SOMM | NGN 2.35 | NGN 2.53 | -7.11% |
1 SOMM | NGN 4.71 | NGN 5.07 | -7.11% |
5 SOMM | NGN 23.54 | NGN 25.34 | -7.11% |
10 SOMM | NGN 47.09 | NGN 50.69 | -7.11% |
50 SOMM | NGN 235.43 | NGN 253.44 | -7.11% |
100 SOMM | NGN 470.86 | NGN 506.87 | -7.11% |
500 SOMM | NGN 2,354.28 | NGN 2,534.35 | -7.11% |
1,000 SOMM | NGN 4,708.56 | NGN 5,068.70 | -7.11% |
Today vs. 1 month ago
Amount | Today at 12:40 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 SOMM | NGN 2.35 | NGN 4.60 | -48.80% |
1 SOMM | NGN 4.71 | NGN 9.20 | -48.80% |
5 SOMM | NGN 23.54 | NGN 45.98 | -48.80% |
10 SOMM | NGN 47.09 | NGN 91.96 | -48.80% |
50 SOMM | NGN 235.43 | NGN 459.78 | -48.80% |
100 SOMM | NGN 470.86 | NGN 919.55 | -48.80% |
500 SOMM | NGN 2,354.28 | NGN 4,597.77 | -48.80% |
1,000 SOMM | NGN 4,708.56 | NGN 9,195.54 | -48.80% |
Today vs. 1 year ago
Amount | Today at 12:40 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 SOMM | NGN 2.35 | NGN 81.08 | -97.10% |
1 SOMM | NGN 4.71 | NGN 162.16 | -97.10% |
5 SOMM | NGN 23.54 | NGN 810.81 | -97.10% |
10 SOMM | NGN 47.09 | NGN 1,621.62 | -97.10% |
50 SOMM | NGN 235.43 | NGN 8,108.11 | -97.10% |
100 SOMM | NGN 470.86 | NGN 16,216.21 | -97.10% |
500 SOMM | NGN 2,354.28 | NGN 81,081.05 | -97.10% |
1,000 SOMM | NGN 4,708.56 | NGN 162,162.10 | -97.10% |
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