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About GRT and SOMM
The Graph is falling, while Sommelier is climbing this week. The current GRT to SOMM conversion rate is 44.13. Inversely, this means that if you convert 1 SOMM you will get 0.02266 GRT. The conversion rate of GRT/SOMM has increased by 1.73% in the last hour (SOMM/GRT decreased by 1.73%). In the last 24 hours, GRT/SOMM shrunk by 4.36%, while SOMM/GRT grew by the same amount.
The exchange rate of The Graph is decreasing. The current value of 1 GRT is 44.13 SOMM. In other words, to buy 5 The Graph, it would cost you 220.65 SOMM. Inversely, 1 SOMM would allow you to trade for 0.02266 GRT while 50 SOMM would convert to 1.13 GRT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.54%. Meanwhile, in the last 24 hours, the rate has changed by 4.93%, and that the highest exchange rate of 1 GRT to SOMM was 46.31 SOMM and the lowest 24 hour value was 1 GRT for 43.23 SOMM. Last month, 1 GRT was worth 44.62 SOMM. Today, it's down 1.11%. Looking back a year, The Graph has changed by 78.54 SOMM. That means that in a single year, the value of The Graph has shrank by 77.98%.
The Graph Market Stats
GRT is an Ethereum token that powers The Graph, a decentralized protocol for indexing and querying data from blockchains. Just as Google indexes the web, The Graph indexes blockchain data from networks like Ethereum and Filecoin. This data is grouped into open APIs called subgraphs that anyone can query.
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
GRT to SOMM values from Today at 11:19 pm
0.5 GRT = 22.07 SOMM |
1 GRT = 44.13 SOMM |
5 GRT = 220.65 SOMM |
10 GRT = 441.31 SOMM |
50 GRT = 2,206.53 SOMM |
100 GRT = 4,413.06 SOMM |
500 GRT = 22,065.31 SOMM |
1,000 GRT = 44,130.63 SOMM |
SOMM to GRT values from Today at 11:16 pm
0.5 SOMM = 0.01133 GRT |
1 SOMM = 0.02266 GRT |
5 SOMM = 0.1133 GRT |
10 SOMM = 0.2266 GRT |
50 SOMM = 1.13 GRT |
100 SOMM = 2.27 GRT |
500 SOMM = 11.33 GRT |
1,000 SOMM = 22.66 GRT |
GRT to SOMM over time
GRT | Today | 24H -4.93% | 1M -1.11% | 1Y -77.98% |
|---|---|---|---|---|
0.5 GRT | 22.07 SOMM | 23.15 SOMM | 22.31 SOMM | 39.27 SOMM |
1 GRT | 44.13 SOMM | 46.31 SOMM | 44.62 SOMM | 78.54 SOMM |
5 GRT | 220.65 SOMM | 231.53 SOMM | 223.11 SOMM | 392.72 SOMM |
10 GRT | 441.31 SOMM | 463.06 SOMM | 446.22 SOMM | 785.44 SOMM |
50 GRT | 2,206.53 SOMM | 2,315.28 SOMM | 2,231.12 SOMM | 3,927.22 SOMM |
100 GRT | 4,413.06 SOMM | 4,630.55 SOMM | 4,462.25 SOMM | 7,854.44 SOMM |
500 GRT | 22,065.31 SOMM | 23,152.77 SOMM | 22,311.23 SOMM | 39,272.22 SOMM |
1,000 GRT | 44,130.63 SOMM | 46,305.54 SOMM | 44,622.46 SOMM | 78,544.45 SOMM |
Frequently asked questions
Right now, 1 The Graph is worth about $0.01636.
Based on the current rate, you could get 61.12 GRT for 1 USD.
The Graph price has been declining. Since yesterday, the exchange rate of The Graph has decreased. Since last month, the exchange rate of The Graph has increased. Since this time last year, the price of The Graph has decreased.
You can use our GRT to USD calculator at the top of this page to convert any amount of GRT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 305.59 GRT. Inversely, 5 GRT will cost about $0.08181
The Graph is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy The Graph.
There are a number of crypto assets that have the a similar or comparable market cap to The Graph, including Fartcoin, EigenCloud, and Starknet Token. For a more robust list of assets to explore, jump to the asset page dedicated to The Graph.
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