Convert Chainlink LINK to Sommelier SOMM
LINK to SOMM: 1 Chainlink converts to 32,171.37 SOMM
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About LINK and SOMM
Chainlink is climbing, while Sommelier is falling this week. The current LINK to SOMM conversion rate is 32,171.37. Inversely, this means that if you convert 1 SOMM you will get 0.00003108 LINK. The conversion rate of LINK/SOMM has increased by 0.84% in the last hour (SOMM/LINK decreased by 0.84%). In the last 24 hours, LINK/SOMM grew by 7.26%, while SOMM/LINK shrunk by the same amount.
The exchange rate of Chainlink is increasing. The current value of 1 LINK is 32,171.37 SOMM. In other words, to buy 5 Chainlink, it would cost you 160,856.83 SOMM. Inversely, 1 SOMM would allow you to trade for 0.00003108 LINK while 50 SOMM would convert to 0.001554 LINK, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.37%. Meanwhile, in the last 24 hours, the rate has changed by 8.49%, and that the highest exchange rate of 1 LINK to SOMM was 31,767.84 SOMM and the lowest 24 hour value was 1 LINK for 28,902.84 SOMM. Last month, 1 LINK was worth 32,573.78 SOMM. Today, it's down 1.25%. Looking back a year, Chainlink has changed by 10,891.12 SOMM. That means that in a single year, the value of Chainlink has grown by 66.15%.
Chainlink Market Stats
Chainlink is an oracle platform bringing the capital markets onchain and powering decentralized finance, featuring a novel fee model where offchain and onchain revenue from Chainlink adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
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
LINK to SOMM values from Today at 2:46 pm
0.5 LINK = 16,085.68 SOMM |
1 LINK = 32,171.37 SOMM |
5 LINK = 160,856.83 SOMM |
10 LINK = 321,713.67 SOMM |
50 LINK = 1,608,568.34 SOMM |
100 LINK = 3,217,136.69 SOMM |
500 LINK = 16,085,683.43 SOMM |
1,000 LINK = 32,171,366.85 SOMM |
SOMM to LINK values from Today at 2:45 pm
0.5 SOMM = 0.00001554 LINK |
1 SOMM = 0.00003108 LINK |
5 SOMM = 0.0001554 LINK |
10 SOMM = 0.0003108 LINK |
50 SOMM = 0.001554 LINK |
100 SOMM = 0.003108 LINK |
500 SOMM = 0.01554 LINK |
1,000 SOMM = 0.03108 LINK |
LINK to SOMM over time
LINK | Today | 24H 8.49% | 1M -1.25% | 1Y 66.15% |
|---|---|---|---|---|
0.5 LINK | 16,085.68 SOMM | 14,719.40 SOMM | 16,286.89 SOMM | 5,445.56 SOMM |
1 LINK | 32,171.37 SOMM | 29,438.81 SOMM | 32,573.78 SOMM | 10,891.12 SOMM |
5 LINK | 160,856.83 SOMM | 147,194.05 SOMM | 162,868.92 SOMM | 54,455.58 SOMM |
10 LINK | 321,713.67 SOMM | 294,388.09 SOMM | 325,737.85 SOMM | 108,911.16 SOMM |
50 LINK | 1,608,568.34 SOMM | 1,471,940.46 SOMM | 1,628,689.25 SOMM | 544,555.79 SOMM |
100 LINK | 3,217,136.69 SOMM | 2,943,880.93 SOMM | 3,257,378.49 SOMM | 1,089,111.58 SOMM |
500 LINK | 16,085,683.43 SOMM | 14,719,404.64 SOMM | 16,286,892.46 SOMM | 5,445,557.89 SOMM |
1,000 LINK | 32,171,366.85 SOMM | 29,438,809.27 SOMM | 32,573,784.93 SOMM | 10,891,115.79 SOMM |
Frequently asked questions
Right now, 1 Chainlink is worth about $12.09.
Based on the current rate, you could get 0.08273 LINK for 1 USD.
Chainlink price has been on the rise. Since yesterday, the exchange rate of Chainlink has increased. Since last month, the exchange rate of Chainlink has increased. Since this time last year, the price of Chainlink has decreased.
You can use our LINK to USD calculator at the top of this page to convert any amount of LINK to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.4136 LINK. Inversely, 5 LINK will cost about $60.44
Chainlink is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Chainlink.
There are a number of crypto assets that have the a similar or comparable market cap to Chainlink, including Monero, UNUS SED LEO, and Dogecoin. For a more robust list of assets to explore, jump to the asset page dedicated to Chainlink.
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