Convert South Korean Won KRW to Sommelier SOMM

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₩0.7517 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₩279,260,132.39. The amount of Sommelier traded has risen by ₩1,323,013 in the last 24 hours, which is a 1,535.86% increase. Additionally, in the last day, ₩86,141 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₩0.7517 KRW. In other words, to buy 5 Sommelier, it would cost you ₩3.7585 KRW. Inversely, ₩1 KRW would allow you to trade for 1.33 SOMM while ₩50 KRW would convert to 66.52 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 10.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.42%, and that the highest exchange rate of 1 SOMM to KRW was ₩0.7554 KRW and the lowest 24 hour value was 1 SOMM for ₩0.6894 KRW. Last month, 1 SOMM was worth ₩0.7227 KRW. Today, it's up 1.7%. Looking back a year, Sommelier has changed by ₩1.61 KRW. That means that in a single year, the value of Sommelier has shrank by 58.4%.

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.

₩0.7517Price
₩279.26MMarket cap
₩86.14KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

KRW to SOMM values from Today at 5:26 pm

₩1 KRW = 0.6652 SOMM
₩1 KRW = 1.33 SOMM
₩5 KRW = 6.65 SOMM
₩10 KRW = 13.30 SOMM
₩50 KRW = 66.52 SOMM
₩100 KRW = 133.03 SOMM
₩500 KRW = 665.15 SOMM
₩1,000 KRW = 1,330.30 SOMM

SOMM to KRW values from Today at 5:24 pm

0.5 SOMM = ₩0.3759 KRW
1 SOMM = ₩0.7517 KRW
5 SOMM = ₩3.76 KRW
10 SOMM = ₩7.52 KRW
50 SOMM = ₩37.59 KRW
100 SOMM = ₩75.17 KRW
500 SOMM = ₩375.85 KRW
1,000 SOMM = ₩751.71 KRW

KRW to SOMM over time

KRW
Today
24H
-27,731,764.89%
1M
-28,723,360.18%
1Y
-12,925,217.20%
0.5 KRW
0.6652 SOMM
0.668 SOMM
0.6918 SOMM
0.3113 SOMM
1 KRW
1.33 SOMM
1.34 SOMM
1.38 SOMM
0.6226 SOMM
5 KRW
6.65 SOMM
6.68 SOMM
6.92 SOMM
3.11 SOMM
10 KRW
13.30 SOMM
13.36 SOMM
13.84 SOMM
6.23 SOMM
50 KRW
66.52 SOMM
66.80 SOMM
69.18 SOMM
31.13 SOMM
100 KRW
133.03 SOMM
133.59 SOMM
138.37 SOMM
62.26 SOMM
500 KRW
665.15 SOMM
667.96 SOMM
691.85 SOMM
311.32 SOMM
1,000 KRW
1,330.30 SOMM
1,335.92 SOMM
1,383.69 SOMM
622.65 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ₩0.7517.

Based on the current rate, you could get 1.33 SOMM for 1 KRW.

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

You can use our SOMM to KRW calculator at the top of this page to convert any amount of SOMM to KRW. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 KRW is equivalent to 6.65 SOMM. Inversely, 5 SOMM will cost about ₩3.76

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 Sunny Side up, Colony Avalanche Index, and Web3 Doge. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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