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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 FLR and SOMM
Flare is falling, while Sommelier is climbing this week. The current FLR to SOMM conversion rate is 18.21. Inversely, this means that if you convert 1 SOMM you will get 0.05492 FLR. The conversion rate of FLR/SOMM has decreased by 0.31% in the last hour (SOMM/FLR increased by 0.31%). In the last 24 hours, FLR/SOMM shrunk by 0.89%, while SOMM/FLR grew by the same amount.
The exchange rate of Flare is decreasing. The current value of 1 FLR is 18.21 SOMM. In other words, to buy 5 Flare, it would cost you 91.05 SOMM. Inversely, 1 SOMM would allow you to trade for 0.05492 FLR while 50 SOMM would convert to 2.75 FLR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 29.91%. Meanwhile, in the last 24 hours, the rate has changed by 1.34%, which means that the highest exchange rate of 1 FLR to SOMM was 18.64 SOMM and the lowest 24 hour value was 1 FLR for 18.16 SOMM. Last month, 1 FLR was worth 15.71 SOMM. Today, it's up 13.71%. Looking back a year, Flare has changed by 11.52 SOMM. That means that in a single year, the value of Flare has grown by 36.71%.
Flare Market Stats
FLR is the native token of Flare, an EVM-compatible blockchain network. FLR tokens are used to pay for network transaction fees. FLR tokens are also used to secure the network through staking, and allow holders to participate in governance.
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
FLR to SOMM values from Today at 12:21 am
0.5 FLR = 9.10 SOMM |
1 FLR = 18.21 SOMM |
5 FLR = 91.05 SOMM |
10 FLR = 182.09 SOMM |
50 FLR = 910.45 SOMM |
100 FLR = 1,820.90 SOMM |
500 FLR = 9,104.51 SOMM |
1,000 FLR = 18,209.02 SOMM |
SOMM to FLR values from Today at 12:18 am
0.5 SOMM = 0.02746 FLR |
1 SOMM = 0.05492 FLR |
5 SOMM = 0.2746 FLR |
10 SOMM = 0.5492 FLR |
50 SOMM = 2.75 FLR |
100 SOMM = 5.49 FLR |
500 SOMM = 27.46 FLR |
1,000 SOMM = 54.92 FLR |
FLR to SOMM over time
FLR | Today | 24H -1.34% | 1M 13.71% | 1Y 36.71% |
|---|---|---|---|---|
0.5 FLR | 9.10 SOMM | 9.23 SOMM | 7.86 SOMM | 5.76 SOMM |
1 FLR | 18.21 SOMM | 18.45 SOMM | 15.71 SOMM | 11.52 SOMM |
5 FLR | 91.05 SOMM | 92.26 SOMM | 78.56 SOMM | 57.62 SOMM |
10 FLR | 182.09 SOMM | 184.53 SOMM | 157.12 SOMM | 115.24 SOMM |
50 FLR | 910.45 SOMM | 922.63 SOMM | 785.60 SOMM | 576.20 SOMM |
100 FLR | 1,820.90 SOMM | 1,845.26 SOMM | 1,571.19 SOMM | 1,152.39 SOMM |
500 FLR | 9,104.51 SOMM | 9,226.32 SOMM | 7,855.96 SOMM | 5,761.96 SOMM |
1,000 FLR | 18,209.02 SOMM | 18,452.63 SOMM | 15,711.92 SOMM | 11,523.91 SOMM |
Frequently asked questions
Right now, 1 Flare is worth about $0.00664.
Based on the current rate, you could get 150.60 FLR for 1 USD.
Flare price has been on the rise. Since yesterday, the exchange rate of Flare has increased. Since last month, the exchange rate of Flare has decreased. Since this time last year, the price of Flare has decreased.
You can use our FLR to USD calculator at the top of this page to convert any amount of FLR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 753.01 FLR. Inversely, 5 FLR will cost about $0.0332
Flare is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Flare.
There are a number of crypto assets that have the a similar or comparable market cap to Flare, including Pump.fun, Pump.fun, and XDC Network. For a more robust list of assets to explore, jump to the asset page dedicated to Flare.
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