Convert edgeX EDGEX to Sommelier SOMM

EDGEX to SOMM: 1 edgeX converts to 1,386.49 SOMM

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About EDGEX and SOMM

edgeX is climbing, while Sommelier is falling this week. The current EDGEX to SOMM conversion rate is 1,386.49. Inversely, this means that if you convert 1 SOMM you will get 0.0007212 EDGEX. The conversion rate of EDGEX/SOMM has decreased by 0.77% in the last hour (SOMM/EDGEX increased by 0.77%). In the last 24 hours, EDGEX/SOMM grew by 3.18%, while SOMM/EDGEX shrunk by the same amount.

The exchange rate of edgeX is increasing. The current value of 1 EDGEX is 1,386.49 SOMM. In other words, to buy 5 edgeX, it would cost you 6,932.43 SOMM. Inversely, 1 SOMM would allow you to trade for 0.0007212 EDGEX while 50 SOMM would convert to 0.03606 EDGEX, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 10.22%. Meanwhile, in the last 24 hours, the rate has changed by 2.88%, which means that the highest exchange rate of 1 EDGEX to SOMM was 1,424.62 SOMM and the lowest 24 hour value was 1 EDGEX for 1,324.27 SOMM. Last month, 1 EDGEX was worth 573.81 SOMM. Today, it's up 58.61%. Looking back a year, edgeX has changed by 0.00 SOMM. That means that in a single year, the value of edgeX has grown by 100%.

edgeX Market Stats

EdgeX is a decentralized perpetual futures exchange that combines the speed and performance of centralized exchanges with the transparency and self-custody of DeFi. The platform features an off-chain order matching engine with on-chain settlement, enabling high-speed, low-latency trading across a wide range of crypto assets.  Due to a ticker collision, Coinbase will use the ticker "EDGEX" for this asset instead of its on-chain or MiCA whitepaper designation "EDGE". This adjustment ensures compatibility with existing assets on our platform and avoids potential conflicts. The change does not affect the underlying asset's functionality or value.

$0.4025Price
$141.15MMarket cap
$6.15MVolume (24h)
350M EDGEXCir. Supply

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.

$0.0002903Price
$108.74KMarket cap
$2.03Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

EDGEX to SOMM values from Today at 12:41 pm

0.5 EDGEX = 693.24 SOMM
1 EDGEX = 1,386.49 SOMM
5 EDGEX = 6,932.43 SOMM
10 EDGEX = 13,864.87 SOMM
50 EDGEX = 69,324.35 SOMM
100 EDGEX = 138,648.70 SOMM
500 EDGEX = 693,243.50 SOMM
1,000 EDGEX = 1,386,487.00 SOMM

SOMM to EDGEX values from Today at 12:38 pm

0.5 SOMM = 0.0003606 EDGEX
1 SOMM = 0.0007212 EDGEX
5 SOMM = 0.003606 EDGEX
10 SOMM = 0.007212 EDGEX
50 SOMM = 0.03606 EDGEX
100 SOMM = 0.07212 EDGEX
500 SOMM = 0.3606 EDGEX
1,000 SOMM = 0.7212 EDGEX

EDGEX to SOMM over time

EDGEX
Today
24H
2.88%
1M
58.61%
1Y
100.00%
0.5 EDGEX
693.24 SOMM
673.29 SOMM
286.90 SOMM
0.00 SOMM
1 EDGEX
1,386.49 SOMM
1,346.58 SOMM
573.81 SOMM
0.00 SOMM
5 EDGEX
6,932.43 SOMM
6,732.88 SOMM
2,869.03 SOMM
0.00 SOMM
10 EDGEX
13,864.87 SOMM
13,465.75 SOMM
5,738.05 SOMM
0.00 SOMM
50 EDGEX
69,324.35 SOMM
67,328.76 SOMM
28,690.26 SOMM
0.00 SOMM
100 EDGEX
138,648.70 SOMM
134,657.52 SOMM
57,380.52 SOMM
0.00 SOMM
500 EDGEX
693,243.50 SOMM
673,287.59 SOMM
286,902.62 SOMM
0.00 SOMM
1,000 EDGEX
1,386,487.00 SOMM
1,346,575.17 SOMM
573,805.25 SOMM
0.00 SOMM

Frequently asked questions

Right now, 1 edgeX is worth about $0.4025.

Based on the current rate, you could get 2.48 EDGEX for 1 USD.

edgeX price has been on the rise. Since yesterday, the exchange rate of edgeX has increased. Since last month, the exchange rate of edgeX has increased. Since this time last year, the price of edgeX has decreased.

You can use our EDGEX to USD calculator at the top of this page to convert any amount of EDGEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12.42 EDGEX. Inversely, 5 EDGEX will cost about $2.01

edgeX is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy edgeX.

There are a number of crypto assets that have the a similar or comparable market cap to edgeX, including Vision, OriginTrail, and Axie Infinity. For a more robust list of assets to explore, jump to the asset page dedicated to edgeX.

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