Convert Azerbaijani Manat AZN to Sommelier SOMM

AZN

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is AZN 0.0009154 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of AZN 342,999.83. The amount of Sommelier traded has risen by AZN 2,290.19 in the last 24 hours, which is a 1,768.77% increase. Additionally, in the last day, AZN 129.48 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is AZN 0.0009154 AZN. In other words, to buy 5 Sommelier, it would cost you AZN 0.0045772 AZN. Inversely, AZN 1.00 AZN would allow you to trade for 1,092.36 SOMM while AZN 50.00 AZN would convert to 54,618.11 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 13%. Meanwhile, in the last 24 hours, the rate has changed by 11.42%, which means that the highest exchange rate of 1 SOMM to AZN was AZN 0.0009383 AZN and the lowest 24 hour value was 1 SOMM for AZN 0.0008267 AZN. Last month, 1 SOMM was worth AZN 0.0008552 AZN. Today, it's up 8.42%. Looking back a year, Sommelier has changed by AZN 0.001695 AZN. That means that in a single year, the value of Sommelier has shrank by 45.29%.

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.

AZN 0.0009154Price
AZN 343KMarket cap
AZN 129.48Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

AZN to SOMM values from Today at

AZN 0.50 AZN = 546.18 SOMM
AZN 1.00 AZN = 1,092.36 SOMM
AZN 5.00 AZN = 5,461.81 SOMM
AZN 10.00 AZN = 10,923.62 SOMM
AZN 50.00 AZN = 54,618.11 SOMM
AZN 100.00 AZN = 109,236.23 SOMM
AZN 500.00 AZN = 546,181.13 SOMM
AZN 1,000.00 AZN = 1,092,362.26 SOMM

SOMM to AZN values from Today at 10:19 am

0.5 SOMM = AZN 0.0004577 AZN
1 SOMM = AZN 0.0009154 AZN
5 SOMM = AZN 0.004577 AZN
10 SOMM = AZN 0.009154 AZN
50 SOMM = AZN 0.04577 AZN
100 SOMM = AZN 0.09154 AZN
500 SOMM = AZN 0.4577 AZN
1,000 SOMM = AZN 0.9154 AZN

AZN to SOMM over time

AZN
Today
24H
-120,956.95%
1M
-116,933.24%
1Y
-59,006.35%
0.5 AZN
546.18 SOMM
604.78 SOMM
584.67 SOMM
295.03 SOMM
1 AZN
1,092.36 SOMM
1,209.57 SOMM
1,169.33 SOMM
590.06 SOMM
5 AZN
5,461.81 SOMM
6,047.85 SOMM
5,846.66 SOMM
2,950.32 SOMM
10 AZN
10,923.62 SOMM
12,095.70 SOMM
11,693.32 SOMM
5,900.63 SOMM
50 AZN
54,618.11 SOMM
60,478.48 SOMM
58,466.62 SOMM
29,503.17 SOMM
100 AZN
109,236.23 SOMM
120,956.95 SOMM
116,933.24 SOMM
59,006.35 SOMM
500 AZN
546,181.13 SOMM
604,784.77 SOMM
584,666.22 SOMM
295,031.74 SOMM
1,000 AZN
1,092,362.26 SOMM
1,209,569.54 SOMM
1,169,332.43 SOMM
590,063.49 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about AZN 0.0009154.

Based on the current rate, you could get 1,092.36 SOMM for 1 AZN.

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 increased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to AZN calculator at the top of this page to convert any amount of SOMM to AZN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AZN is equivalent to 5,461.81 SOMM. Inversely, 5 SOMM will cost about AZN 0.004577

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, Bnext Token, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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