Convert Nicaraguan Córdoba NIO to Sommelier SOMM
NIO to SOMM: 1 Nicaraguan Córdoba converts to 72.49 SOMM
Sommelier (SOMM) is not tradable on Coinbase.
Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
About Sommelier
Sommelier is falling this week. The current price of Sommelier is NIO 0.01379 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NIO 5,170,129.44. The amount of Sommelier traded has risen by NIO 11,846.28 in the last 24 hours, which is a 843.45% increase. Additionally, in the last day, NIO 1,404.50 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is NIO 0.01379 NIO. In other words, to buy 5 Sommelier, it would cost you NIO 0.06897 NIO. Inversely, NIO 1.00 NIO would allow you to trade for 72.49 SOMM while NIO 50.00 NIO would convert to 3,624.61 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 SOMM to NIO was NIO 0.01439 NIO and the lowest 24 hour value was 1 SOMM for NIO 0.01372 NIO. Last month, 1 SOMM was worth NIO 0.01212 NIO. Today, it's up 13.61%. Looking back a year, Sommelier has changed by NIO 0.05931 NIO. That means that in a single year, the value of Sommelier has shrank by 76.8%.
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
NIO to SOMM values from Today at
NIO 0.50 NIO = 36.25 SOMM |
NIO 1.00 NIO = 72.49 SOMM |
NIO 5.00 NIO = 362.46 SOMM |
NIO 10.00 NIO = 724.92 SOMM |
NIO 50.00 NIO = 3,624.61 SOMM |
NIO 100.00 NIO = 7,249.23 SOMM |
NIO 500.00 NIO = 36,246.13 SOMM |
NIO 1,000.00 NIO = 72,492.25 SOMM |
SOMM to NIO values from Today at 8:57 am
0.5 SOMM = NIO 0.006897 NIO |
1 SOMM = NIO 0.01379 NIO |
5 SOMM = NIO 0.06897 NIO |
10 SOMM = NIO 0.1379 NIO |
50 SOMM = NIO 0.6897 NIO |
100 SOMM = NIO 1.38 NIO |
500 SOMM = NIO 6.90 NIO |
1,000 SOMM = NIO 13.79 NIO |
NIO to SOMM over time
NIO | Today | 24H -7,212.12% | 1M -8,253.41% | 1Y -1,686.15% |
|---|---|---|---|---|
0.5 NIO | 36.25 SOMM | 36.06 SOMM | 41.27 SOMM | 8.43 SOMM |
1 NIO | 72.49 SOMM | 72.12 SOMM | 82.53 SOMM | 16.86 SOMM |
5 NIO | 362.46 SOMM | 360.61 SOMM | 412.67 SOMM | 84.31 SOMM |
10 NIO | 724.92 SOMM | 721.21 SOMM | 825.34 SOMM | 168.62 SOMM |
50 NIO | 3,624.61 SOMM | 3,606.06 SOMM | 4,126.71 SOMM | 843.08 SOMM |
100 NIO | 7,249.23 SOMM | 7,212.12 SOMM | 8,253.41 SOMM | 1,686.15 SOMM |
500 NIO | 36,246.13 SOMM | 36,060.58 SOMM | 41,267.07 SOMM | 8,430.76 SOMM |
1,000 NIO | 72,492.25 SOMM | 72,121.16 SOMM | 82,534.14 SOMM | 16,861.51 SOMM |
Frequently asked questions
Right now, 1 Sommelier is worth about NIO 0.01379.
Based on the current rate, you could get 72.49 SOMM for 1 NIO.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 NIO calculator at the top of this page to convert any amount of SOMM to NIO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NIO is equivalent to 362.46 SOMM. Inversely, 5 SOMM will cost about NIO 0.06897
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 Typus, Pouwifhat, and e-Money EUR. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
Related conversions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.