Convert Israeli New Sheqel ILS to Sommelier SOMM

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₪0.001255 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪469,769.29. The amount of Sommelier traded has risen by ₪1,173.61 in the last 24 hours, which is a 35.17% increase. Additionally, in the last day, ₪3,337.11 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001255 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.006274 ILS. Inversely, ₪1.00 ILS would allow you to trade for 796.99 SOMM while ₪50.00 ILS would convert to 39,849.62 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 1.99%. Meanwhile, in the last 24 hours, the rate has changed by 40.02%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.001485 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0008789 ILS. Last month, 1 SOMM was worth ₪0.00141 ILS. Today, it's down 10.83%. Looking back a year, Sommelier has changed by ₪0.003486 ILS. That means that in a single year, the value of Sommelier has shrank by 57.01%.

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.

₪0.001255Price
₪469.77KMarket cap
₪3.34KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

ILS to SOMM values from Today at

₪0.50 ILS = 398.50 SOMM
₪1.00 ILS = 796.99 SOMM
₪5.00 ILS = 3,984.96 SOMM
₪10.00 ILS = 7,969.92 SOMM
₪50.00 ILS = 39,849.62 SOMM
₪100.00 ILS = 79,699.23 SOMM
₪500.00 ILS = 398,496.16 SOMM
₪1,000.00 ILS = 796,992.31 SOMM

SOMM to ILS values from Today at 2:12 am

0.5 SOMM = ₪0.0006274 ILS
1 SOMM = ₪0.001255 ILS
5 SOMM = ₪0.006274 ILS
10 SOMM = ₪0.01255 ILS
50 SOMM = ₪0.06274 ILS
100 SOMM = ₪0.1255 ILS
500 SOMM = ₪0.6274 ILS
1,000 SOMM = ₪1.25 ILS

ILS to SOMM over time

ILS
Today
24H
-113,157.65%
1M
-70,903.12%
1Y
-28,688.36%
0.5 ILS
398.50 SOMM
565.79 SOMM
354.52 SOMM
143.44 SOMM
1 ILS
796.99 SOMM
1,131.58 SOMM
709.03 SOMM
286.88 SOMM
5 ILS
3,984.96 SOMM
5,657.88 SOMM
3,545.16 SOMM
1,434.42 SOMM
10 ILS
7,969.92 SOMM
11,315.76 SOMM
7,090.31 SOMM
2,868.84 SOMM
50 ILS
39,849.62 SOMM
56,578.82 SOMM
35,451.56 SOMM
14,344.18 SOMM
100 ILS
79,699.23 SOMM
113,157.65 SOMM
70,903.12 SOMM
28,688.36 SOMM
500 ILS
398,496.16 SOMM
565,788.23 SOMM
354,515.62 SOMM
143,441.78 SOMM
1,000 ILS
796,992.31 SOMM
1,131,576.47 SOMM
709,031.23 SOMM
286,883.57 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.001255.

Based on the current rate, you could get 796.99 SOMM for 1 ILS.

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 decreased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 3,984.96 SOMM. Inversely, 5 SOMM will cost about ₪0.006274

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 Titi Financial, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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