About OM and SOMM
MANTRA DAO is falling, while Sommelier is climbing this week. The current OM to SOMM conversion rate is 15.06. Inversely, this means that if you convert 1 SOMM you will get 0.06641 OM. The conversion rate of OM/SOMM has decreased by 4.72% in the last hour (SOMM/OM increased by 4.72%). In the last 24 hours, OM/SOMM shrunk by 21.84%, while SOMM/OM grew by the same amount.
The exchange rate of MANTRA DAO is decreasing. The current value of 1 OM is 15.06 SOMM. In other words, to buy 5 MANTRA DAO, it would cost you 75.29 SOMM. Inversely, 1 SOMM would allow you to trade for 0.06641 OM while 50 SOMM would convert to 3.32 OM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.72%. Meanwhile, in the last 24 hours, the rate has changed by 21.58%, and that the highest exchange rate of 1 OM to SOMM was 25.60 SOMM and the lowest 24 hour value was 1 OM for 13.49 SOMM. Last month, 1 OM was worth 32.47 SOMM. Today, it's down 115.65%. Looking back a year, MANTRA DAO has changed by 213.52 SOMM. That means that in a single year, the value of MANTRA DAO has shrank by 1,318.06%.
MANTRA DAO Market Stats
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
OM to SOMM values from Today at 8:11 pm
0.5 OM = 7.53 SOMM |
1 OM = 15.06 SOMM |
5 OM = 75.29 SOMM |
10 OM = 150.57 SOMM |
50 OM = 752.87 SOMM |
100 OM = 1,505.74 SOMM |
500 OM = 7,528.72 SOMM |
1,000 OM = 15,057.45 SOMM |
SOMM to OM values from Today at 8:12 pm
0.5 SOMM = 0.03321 OM |
1 SOMM = 0.06641 OM |
5 SOMM = 0.3321 OM |
10 SOMM = 0.6641 OM |
50 SOMM = 3.32 OM |
100 SOMM = 6.64 OM |
500 SOMM = 33.21 OM |
1,000 SOMM = 66.41 OM |
OM to SOMM over time
OM | Today | 24H -21.58% | 1M -115.65% | 1Y -1,318.06% |
|---|---|---|---|---|
0.5 OM | 7.53 SOMM | 9.15 SOMM | 16.24 SOMM | 106.76 SOMM |
1 OM | 15.06 SOMM | 18.31 SOMM | 32.47 SOMM | 213.52 SOMM |
5 OM | 75.29 SOMM | 91.54 SOMM | 162.36 SOMM | 1,067.62 SOMM |
10 OM | 150.57 SOMM | 183.07 SOMM | 324.71 SOMM | 2,135.24 SOMM |
50 OM | 752.87 SOMM | 915.36 SOMM | 1,623.56 SOMM | 10,676.20 SOMM |
100 OM | 1,505.74 SOMM | 1,830.72 SOMM | 3,247.11 SOMM | 21,352.39 SOMM |
500 OM | 7,528.72 SOMM | 9,153.58 SOMM | 16,235.56 SOMM | 106,761.96 SOMM |
1,000 OM | 15,057.45 SOMM | 18,307.16 SOMM | 32,471.11 SOMM | 213,523.91 SOMM |
Frequently asked questions
Right now, 1 MANTRA DAO is worth about $0.00681.
Based on the current rate, you could get 146.84 OM for 1 USD.
MANTRA DAO price has been declining. Since yesterday, the exchange rate of MANTRA DAO has decreased. Since last month, the exchange rate of MANTRA DAO has decreased. Since this time last year, the price of MANTRA DAO has decreased.
You can use our OM to USD calculator at the top of this page to convert any amount of OM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 734.22 OM. Inversely, 5 OM will cost about $0.03405
MANTRA DAO can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy MANTRA DAO.
There are a number of crypto assets that have the a similar or comparable market cap to MANTRA DAO, including NeonNeko, Do Your Own Research, and Wigl. For a more robust list of assets to explore, jump to the asset page dedicated to MANTRA DAO.
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