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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About CGLD and SOMM
Celo is falling, while Sommelier is climbing this week. The current CGLD to SOMM conversion rate is 188.65. Inversely, this means that if you convert 1 SOMM you will get 0.005301 CGLD. The conversion rate of CGLD/SOMM has decreased by 0% in the last hour (SOMM/CGLD increased by 0%). In the last 24 hours, CGLD/SOMM shrunk by 1.2%, while SOMM/CGLD grew by the same amount.
The exchange rate of Celo is decreasing. The current value of 1 CGLD is 188.65 SOMM. In other words, to buy 5 Celo, it would cost you 943.25 SOMM. Inversely, 1 SOMM would allow you to trade for 0.005301 CGLD while 50 SOMM would convert to 0.265 CGLD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 35.13%. Meanwhile, in the last 24 hours, the rate has changed by 1.04%, which means that the highest exchange rate of 1 CGLD to SOMM was 194.53 SOMM and the lowest 24 hour value was 1 CGLD for 186.78 SOMM. Last month, 1 CGLD was worth 101.60 SOMM. Today, it's up 46.14%. Looking back a year, Celo has changed by 213.10 SOMM. That means that in a single year, the value of Celo has shrank by 12.96%.
Celo Market Stats
Celo is the core utility, reserve, staking, and governance asset for the Celo platform. The platform aims to make financial tools borderless, easy to use, and accessible for anyone with a mobile phone.
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.
Conversion tables
CGLD to SOMM values from Today at 6:55 am
0.5 CGLD = 94.32 SOMM |
1 CGLD = 188.65 SOMM |
5 CGLD = 943.25 SOMM |
10 CGLD = 1,886.50 SOMM |
50 CGLD = 9,432.49 SOMM |
100 CGLD = 18,864.99 SOMM |
500 CGLD = 94,324.94 SOMM |
1,000 CGLD = 188,649.88 SOMM |
SOMM to CGLD values from Today at 6:53 am
0.5 SOMM = 0.00265 CGLD |
1 SOMM = 0.005301 CGLD |
5 SOMM = 0.0265 CGLD |
10 SOMM = 0.05301 CGLD |
50 SOMM = 0.265 CGLD |
100 SOMM = 0.5301 CGLD |
500 SOMM = 2.65 CGLD |
1,000 SOMM = 5.30 CGLD |
CGLD to SOMM over time
CGLD | Today | 24H -1.04% | 1M 46.14% | 1Y -12.96% |
|---|---|---|---|---|
0.5 CGLD | 94.32 SOMM | 95.31 SOMM | 50.80 SOMM | 106.55 SOMM |
1 CGLD | 188.65 SOMM | 190.61 SOMM | 101.60 SOMM | 213.10 SOMM |
5 CGLD | 943.25 SOMM | 953.06 SOMM | 508.01 SOMM | 1,065.52 SOMM |
10 CGLD | 1,886.50 SOMM | 1,906.12 SOMM | 1,016.02 SOMM | 2,131.04 SOMM |
50 CGLD | 9,432.49 SOMM | 9,530.58 SOMM | 5,080.08 SOMM | 10,655.19 SOMM |
100 CGLD | 18,864.99 SOMM | 19,061.17 SOMM | 10,160.15 SOMM | 21,310.39 SOMM |
500 CGLD | 94,324.94 SOMM | 95,305.84 SOMM | 50,800.77 SOMM | 106,551.94 SOMM |
1,000 CGLD | 188,649.88 SOMM | 190,611.69 SOMM | 101,601.55 SOMM | 213,103.88 SOMM |
Frequently asked questions
Right now, 1 Celo is worth about $0.069.
Based on the current rate, you could get 14.49 CGLD for 1 USD.
Celo price has been declining. Since yesterday, the exchange rate of Celo has decreased. Since last month, the exchange rate of Celo has increased. Since this time last year, the price of Celo has decreased.
You can use our CGLD to USD calculator at the top of this page to convert any amount of CGLD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 72.46 CGLD. Inversely, 5 CGLD will cost about $0.345
Celo is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Celo.
There are a number of crypto assets that have the a similar or comparable market cap to Celo, including NVIDIA Tokenized Stock (Ondo), Tellor, and iShares Bitcoin Trust Tokenized Stock (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to Celo.
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