Convert ERN to Sommelier SOMM

ERN to SOMM: 1 converts to 45.07 SOMM

ERN
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ERN 0.02219 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ERN 8,306,781.55. The amount of Sommelier traded has risen by ERN 62,840.81 in the last 24 hours, which is a 98.47% increase. Additionally, in the last day, ERN 63,820.28 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ERN 0.02219 ERN. In other words, to buy 5 Sommelier, it would cost you ERN 0.11093 ERN. Inversely, ERN 1.00 ERN would allow you to trade for 45.07 SOMM while ERN 50.00 ERN would convert to 2,253.69 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 5.29%. Meanwhile, in the last 24 hours, the rate has changed by 9.52%, which means that the highest exchange rate of 1 SOMM to ERN was ERN 0.00 ERN and the lowest 24 hour value was 1 SOMM for ERN∞ ERN. Last month, 1 SOMM was worth ERN 0.00 ERN. Today, it's up 50.9%. Looking back a year, Sommelier has changed by ERN 0.00 ERN. That means that in a single year, the value of Sommelier has shrank by 65.24%.

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.

ERN 0.02219Price
ERN 8.31MMarket cap
ERN 63.82KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

ERN to SOMM values from Today at 6:27 pm

ERN 0.50 ERN = 22.54 SOMM
ERN 1.00 ERN = 45.07 SOMM
ERN 5.00 ERN = 225.37 SOMM
ERN 10.00 ERN = 450.74 SOMM
ERN 50.00 ERN = 2,253.69 SOMM
ERN 100.00 ERN = 4,507.38 SOMM
ERN 500.00 ERN = 22,536.89 SOMM
ERN 1,000.00 ERN = 45,073.79 SOMM

SOMM to ERN values from Today at 6:27 pm

0.5 SOMM = ERN 0.01109 ERN
1 SOMM = ERN 0.02219 ERN
5 SOMM = ERN 0.1109 ERN
10 SOMM = ERN 0.2219 ERN
50 SOMM = ERN 1.11 ERN
100 SOMM = ERN 2.22 ERN
500 SOMM = ERN 11.09 ERN
1,000 SOMM = ERN 22.19 ERN

ERN to SOMM over time

ERN
Today
24H
-7.15%
1M
-7.15%
1Y
-7.15%
0.5 ERN
22.54 SOMM
0.50 SOMM
0.50 SOMM
0.50 SOMM
1 ERN
45.07 SOMM
1.00 SOMM
1.00 SOMM
1.00 SOMM
5 ERN
225.37 SOMM
5.00 SOMM
5.00 SOMM
5.00 SOMM
10 ERN
450.74 SOMM
10.00 SOMM
10.00 SOMM
10.00 SOMM
50 ERN
2,253.69 SOMM
50.00 SOMM
50.00 SOMM
50.00 SOMM
100 ERN
4,507.38 SOMM
100.00 SOMM
100.00 SOMM
100.00 SOMM
500 ERN
22,536.89 SOMM
500.00 SOMM
500.00 SOMM
500.00 SOMM
1,000 ERN
45,073.79 SOMM
1,000.00 SOMM
1,000.00 SOMM
1,000.00 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ERN 0.02219.

Based on the current rate, you could get 45.07 SOMM for 1 ERN.

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 ERN calculator at the top of this page to convert any amount of SOMM to ERN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ERN is equivalent to 225.37 SOMM. Inversely, 5 SOMM will cost about ERN 0.1109

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 SKITTEN, AASToken, and Merchant Token. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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