Convert Canadian Dollar CAD to Sommelier SOMM

CA$

About Sommelier

Sommelier is falling this week. The current price of Sommelier is CA$0.0006685 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of CA$248,367.46. The amount of Sommelier traded has fallen by -CA$11.29 in the last 24 hours, which is a 57.54% decrease. Additionally, in the last day, CA$19.63 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is CA$0.0006685 CAD. In other words, to buy 5 Sommelier, it would cost you CA$0.0033425 CAD. Inversely, CA$1.00 CAD would allow you to trade for 1,495.87 SOMM while CA$50.00 CAD would convert to 74,793.37 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 7.1%. Meanwhile, in the last 24 hours, the rate has changed by 1.35%, and that the highest exchange rate of 1 SOMM to CAD was CA$0.0006829 CAD and the lowest 24 hour value was 1 SOMM for CA$0.0006624 CAD. Last month, 1 SOMM was worth CA$0.0005942 CAD. Today, it's up 9.45%. Looking back a year, Sommelier has changed by CA$0.001595 CAD. That means that in a single year, the value of Sommelier has shrank by 59.75%.

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.

CA$0.0006685Price
CA$248.37KMarket cap
CA$19.63Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

CAD to SOMM values from Today at

CA$0.50 CAD = 747.93 SOMM
CA$1.00 CAD = 1,495.87 SOMM
CA$5.00 CAD = 7,479.34 SOMM
CA$10.00 CAD = 14,958.67 SOMM
CA$50.00 CAD = 74,793.37 SOMM
CA$100.00 CAD = 149,586.75 SOMM
CA$500.00 CAD = 747,933.73 SOMM
CA$1,000.00 CAD = 1,495,867.46 SOMM

SOMM to CAD values from Today at 6:35 pm

0.5 SOMM = CA$0.0003343 CAD
1 SOMM = CA$0.0006685 CAD
5 SOMM = CA$0.003343 CAD
10 SOMM = CA$0.006685 CAD
50 SOMM = CA$0.03343 CAD
100 SOMM = CA$0.06685 CAD
500 SOMM = CA$0.3343 CAD
1,000 SOMM = CA$0.6685 CAD

CAD to SOMM over time

CAD
Today
24H
-147,501.04%
1M
-168,284.13%
1Y
-62,703.16%
0.5 CAD
747.93 SOMM
737.51 SOMM
841.42 SOMM
313.52 SOMM
1 CAD
1,495.87 SOMM
1,475.01 SOMM
1,682.84 SOMM
627.03 SOMM
5 CAD
7,479.34 SOMM
7,375.05 SOMM
8,414.21 SOMM
3,135.16 SOMM
10 CAD
14,958.67 SOMM
14,750.10 SOMM
16,828.41 SOMM
6,270.32 SOMM
50 CAD
74,793.37 SOMM
73,750.52 SOMM
84,142.07 SOMM
31,351.58 SOMM
100 CAD
149,586.75 SOMM
147,501.04 SOMM
168,284.13 SOMM
62,703.16 SOMM
500 CAD
747,933.73 SOMM
737,505.18 SOMM
841,420.67 SOMM
313,515.79 SOMM
1,000 CAD
1,495,867.46 SOMM
1,475,010.35 SOMM
1,682,841.35 SOMM
627,031.57 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about CA$0.0006685.

Based on the current rate, you could get 1,495.87 SOMM for 1 CAD.

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 CAD calculator at the top of this page to convert any amount of SOMM to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 7,479.34 SOMM. Inversely, 5 SOMM will cost about CA$0.003343

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, Web3 Doge, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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