About GHO and SOMM
GHO is falling, while Sommelier is climbing this week. The current GHO to SOMM conversion rate is 2,073.76. Inversely, this means that if you convert 1 SOMM you will get 0.0004822 GHO. The conversion rate of GHO/SOMM has decreased by 0.03% in the last hour (SOMM/GHO increased by 0.03%). In the last 24 hours, GHO/SOMM shrunk by 1.62%, while SOMM/GHO grew by the same amount.
The exchange rate of GHO is decreasing. The current value of 1 GHO is 2,073.76 SOMM. In other words, to buy 5 GHO, it would cost you 10,368.79 SOMM. Inversely, 1 SOMM would allow you to trade for 0.0004822 GHO while 50 SOMM would convert to 0.02411 GHO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.24%. Meanwhile, in the last 24 hours, the rate has changed by 1.13%, and that the highest exchange rate of 1 GHO to SOMM was 2,102.09 SOMM and the lowest 24 hour value was 1 GHO for 2,070.13 SOMM. Last month, 1 GHO was worth 2,253.05 SOMM. Today, it's down 8.65%. Looking back a year, GHO has changed by 998.92 SOMM. That means that in a single year, the value of GHO has grown by 51.83%.
GHO Market Stats
GHO (GHO) is a cryptocurrency launched in 2023and operates on the Ethereum platform. GHO has a current supply of 584,000,000. The last known price of GHO is 0.99913358 USD and is up 0.01 over the last 24 hours. It is currently trading on 100 active market(s) with $543,391.92 traded over the last 24 hours.
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
GHO to SOMM values from Today at 10:04 pm
0.5 GHO = 1,036.88 SOMM |
1 GHO = 2,073.76 SOMM |
5 GHO = 10,368.79 SOMM |
10 GHO = 20,737.58 SOMM |
50 GHO = 103,687.90 SOMM |
100 GHO = 207,375.80 SOMM |
500 GHO = 1,036,879.00 SOMM |
1,000 GHO = 2,073,757.99 SOMM |
SOMM to GHO values from Today at 10:03 pm
0.5 SOMM = 0.0002411 GHO |
1 SOMM = 0.0004822 GHO |
5 SOMM = 0.002411 GHO |
10 SOMM = 0.004822 GHO |
50 SOMM = 0.02411 GHO |
100 SOMM = 0.04822 GHO |
500 SOMM = 0.2411 GHO |
1,000 SOMM = 0.4822 GHO |
GHO to SOMM over time
GHO | Today | 24H -1.13% | 1M -8.65% | 1Y 51.83% |
|---|---|---|---|---|
0.5 GHO | 1,036.88 SOMM | 1,048.59 SOMM | 1,126.52 SOMM | 499.46 SOMM |
1 GHO | 2,073.76 SOMM | 2,097.17 SOMM | 2,253.05 SOMM | 998.92 SOMM |
5 GHO | 10,368.79 SOMM | 10,485.87 SOMM | 11,265.24 SOMM | 4,994.59 SOMM |
10 GHO | 20,737.58 SOMM | 20,971.75 SOMM | 22,530.48 SOMM | 9,989.17 SOMM |
50 GHO | 103,687.90 SOMM | 104,858.73 SOMM | 112,652.39 SOMM | 49,945.87 SOMM |
100 GHO | 207,375.80 SOMM | 209,717.46 SOMM | 225,304.79 SOMM | 99,891.74 SOMM |
500 GHO | 1,036,879.00 SOMM | 1,048,587.32 SOMM | 1,126,523.93 SOMM | 499,458.71 SOMM |
1,000 GHO | 2,073,757.99 SOMM | 2,097,174.64 SOMM | 2,253,047.87 SOMM | 998,917.42 SOMM |
Frequently asked questions
Right now, 1 GHO is worth about $0.9981.
Based on the current rate, you could get 1.00 GHO for 1 USD.
GHO price has been on the rise. Since yesterday, the exchange rate of GHO has increased. Since last month, the exchange rate of GHO has decreased. Since this time last year, the price of GHO has decreased.
You can use our GHO to USD calculator at the top of this page to convert any amount of GHO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.01 GHO. Inversely, 5 GHO will cost about $4.99
GHO can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy GHO.
There are a number of crypto assets that have the a similar or comparable market cap to GHO, including Beldex, TBLL tokenized ETF (xStock), and Jupiter Perps LP. For a more robust list of assets to explore, jump to the asset page dedicated to GHO.
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