Convert Guyanese Dollar GYD to Sommelier SOMM

GYD to SOMM: 1 Guyanese Dollar converts to 12.03 SOMM

GYD
Buy Sommelier

About Sommelier

Sommelier is falling this week. The current price of Sommelier is GYD 0.08313 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of GYD 31,075,228.77. The amount of Sommelier traded has fallen by -GYD 23,463.75 in the last 24 hours, which is a 45.21% decrease. Additionally, in the last day, GYD 51,897.32 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is GYD 0.08313 GYD. In other words, to buy 5 Sommelier, it would cost you GYD 0.41564 GYD. Inversely, GYD 1.00 GYD would allow you to trade for 12.03 SOMM while GYD 50.00 GYD would convert to 601.49 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 15.47%. Meanwhile, in the last 24 hours, the rate has changed by 2.25%, and that the highest exchange rate of 1 SOMM to GYD was GYD 0.08656 GYD and the lowest 24 hour value was 1 SOMM for GYD 0.06147 GYD. Last month, 1 SOMM was worth GYD 0.1009 GYD. Today, it's down 17.28%. Looking back a year, Sommelier has changed by GYD 0.2304 GYD. That means that in a single year, the value of Sommelier has shrank by 63.78%.

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.

GYD 0.08313Price
GYD 31.08MMarket cap
GYD 51.9KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

GYD to SOMM values from Today at

GYD 0.50 GYD = 6.01 SOMM
GYD 1.00 GYD = 12.03 SOMM
GYD 5.00 GYD = 60.15 SOMM
GYD 10.00 GYD = 120.30 SOMM
GYD 50.00 GYD = 601.49 SOMM
GYD 100.00 GYD = 1,202.97 SOMM
GYD 500.00 GYD = 6,014.87 SOMM
GYD 1,000.00 GYD = 12,029.73 SOMM

SOMM to GYD values from Today at 6:34 pm

0.5 SOMM = GYD 0.04156 GYD
1 SOMM = GYD 0.08313 GYD
5 SOMM = GYD 0.4156 GYD
10 SOMM = GYD 0.8313 GYD
50 SOMM = GYD 4.16 GYD
100 SOMM = GYD 8.31 GYD
500 SOMM = GYD 41.56 GYD
1,000 SOMM = GYD 83.13 GYD

GYD to SOMM over time

GYD
Today
24H
-1,170.62%
1M
-990.73%
1Y
-434.07%
0.5 GYD
6.01 SOMM
5.85 SOMM
4.95 SOMM
2.17 SOMM
1 GYD
12.03 SOMM
11.71 SOMM
9.91 SOMM
4.34 SOMM
5 GYD
60.15 SOMM
58.53 SOMM
49.54 SOMM
21.70 SOMM
10 GYD
120.30 SOMM
117.06 SOMM
99.07 SOMM
43.41 SOMM
50 GYD
601.49 SOMM
585.31 SOMM
495.36 SOMM
217.03 SOMM
100 GYD
1,202.97 SOMM
1,170.62 SOMM
990.73 SOMM
434.07 SOMM
500 GYD
6,014.87 SOMM
5,853.11 SOMM
4,953.63 SOMM
2,170.35 SOMM
1,000 GYD
12,029.73 SOMM
11,706.22 SOMM
9,907.25 SOMM
4,340.70 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about GYD 0.08313.

Based on the current rate, you could get 12.03 SOMM for 1 GYD.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to GYD calculator at the top of this page to convert any amount of SOMM to GYD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GYD is equivalent to 60.15 SOMM. Inversely, 5 SOMM will cost about GYD 0.4156

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 Hachiko, wanUSDT, and TRASH COIN. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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