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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 PROS and SOMM
Pharos is falling, while Sommelier is climbing this week. The current PROS to SOMM conversion rate is 1,254.55. Inversely, this means that if you convert 1 SOMM you will get 0.0007971 PROS. The conversion rate of PROS/SOMM has decreased by 11.16% in the last hour (SOMM/PROS increased by 11.16%). In the last 24 hours, PROS/SOMM shrunk by 27.91%, while SOMM/PROS grew by the same amount.
The exchange rate of Pharos is decreasing. The current value of 1 PROS is 1,254.55 SOMM. In other words, to buy 5 Pharos, it would cost you 6,272.73 SOMM. Inversely, 1 SOMM would allow you to trade for 0.0007971 PROS while 50 SOMM would convert to 0.03986 PROS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.8%. Meanwhile, in the last 24 hours, the rate has changed by 29.3%, and that the highest exchange rate of 1 PROS to SOMM was 1,678.06 SOMM and the lowest 24 hour value was 1 PROS for 1,201.24 SOMM. Last month, 1 PROS was worth 1,282.85 SOMM. Today, it's down 2.26%. Looking back a year, Pharos has changed by 109,405.48 SOMM. That means that in a single year, the value of Pharos has shrank by 8,620.72%.
Pharos Market Stats
Pharos is the s financial Layer 1 for RealFi, where real value and institutional-grade assets circulate onchain and are composable with decentralized assets, becoming the new infrastructure of global finance for all. Pharos combines modular architecture, deep-parallel execution, and built-in compliance to power real-time finance onchain. Built by the leadership and engineers from Ant Group, the project is backed by Hack VC, Faction VC, and other global TradFi investors.
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
PROS to SOMM values from Today at 4:35 pm
0.5 PROS = 627.27 SOMM |
1 PROS = 1,254.55 SOMM |
5 PROS = 6,272.73 SOMM |
10 PROS = 12,545.46 SOMM |
50 PROS = 62,727.29 SOMM |
100 PROS = 125,454.59 SOMM |
500 PROS = 627,272.93 SOMM |
1,000 PROS = 1,254,545.87 SOMM |
SOMM to PROS values from Today at 4:34 pm
0.5 SOMM = 0.0003986 PROS |
1 SOMM = 0.0007971 PROS |
5 SOMM = 0.003986 PROS |
10 SOMM = 0.007971 PROS |
50 SOMM = 0.03986 PROS |
100 SOMM = 0.07971 PROS |
500 SOMM = 0.3986 PROS |
1,000 SOMM = 0.7971 PROS |
PROS to SOMM over time
PROS | Today | 24H -29.30% | 1M -2.26% | 1Y -8,620.72% |
|---|---|---|---|---|
0.5 PROS | 627.27 SOMM | 811.05 SOMM | 641.43 SOMM | 54,702.74 SOMM |
1 PROS | 1,254.55 SOMM | 1,622.10 SOMM | 1,282.85 SOMM | 109,405.48 SOMM |
5 PROS | 6,272.73 SOMM | 8,110.49 SOMM | 6,414.25 SOMM | 547,027.39 SOMM |
10 PROS | 12,545.46 SOMM | 16,220.98 SOMM | 12,828.50 SOMM | 1,094,054.79 SOMM |
50 PROS | 62,727.29 SOMM | 81,104.92 SOMM | 64,142.52 SOMM | 5,470,273.94 SOMM |
100 PROS | 125,454.59 SOMM | 162,209.84 SOMM | 128,285.05 SOMM | 10,940,547.88 SOMM |
500 PROS | 627,272.93 SOMM | 811,049.19 SOMM | 641,425.23 SOMM | 54,702,739.38 SOMM |
1,000 PROS | 1,254,545.87 SOMM | 1,622,098.39 SOMM | 1,282,850.47 SOMM | 109,405,478.76 SOMM |
Frequently asked questions
Right now, 1 Pharos is worth about $0.6344.
Based on the current rate, you could get 1.58 PROS for 1 USD.
You can use our PROS to USD calculator at the top of this page to convert any amount of PROS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 7.88 PROS. Inversely, 5 PROS will cost about $3.17
Pharos is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Pharos.
There are a number of crypto assets that have the a similar or comparable market cap to Pharos, including TAC Protocol, Magma Finance, and SUPERFORTUNE. For a more robust list of assets to explore, jump to the asset page dedicated to Pharos.
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