Convert Paraguayan Guaraní PYG to Sommelier SOMM
1 PYG converts to 0.3657 SOMM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is PYG 2.73 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PYG 1,019,851,857.28. The amount of Sommelier traded has fallen by -PYG 100,914 in the last 24 hours, which is a 68.04% decrease. Additionally, in the last day, PYG 148,306 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PYG 2.73 PYG. In other words, to buy 5 Sommelier, it would cost you PYG 13.67 PYG. Inversely, PYG 1 PYG would allow you to trade for 0.3657 SOMM while PYG 50 PYG would convert to 18.29 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.43%. Meanwhile, in the last 24 hours, the rate has changed by 7.91%, which means that the highest exchange rate of 1 SOMM to PYG was PYG 3.30 PYG and the lowest 24 hour value was 1 SOMM for PYG 2.72 PYG. Last month, 1 SOMM was worth PYG 1.86 PYG. Today, it's up 46.03%. Looking back a year, Sommelier has changed by PYG 10.07 PYG. That means that in a single year, the value of Sommelier has shrank by 64.79%.
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
PYG to SOMM values from Today at 7:52 pm
PYG 1 PYG = 0.1829 SOMM |
PYG 1 PYG = 0.3657 SOMM |
PYG 5 PYG = 1.83 SOMM |
PYG 10 PYG = 3.66 SOMM |
PYG 50 PYG = 18.29 SOMM |
PYG 100 PYG = 36.57 SOMM |
PYG 500 PYG = 182.87 SOMM |
PYG 1,000 PYG = 365.74 SOMM |
SOMM to PYG values from Today at 7:58 pm
0.5 SOMM = PYG 1.37 PYG |
1 SOMM = PYG 2.73 PYG |
5 SOMM = PYG 13.67 PYG |
10 SOMM = PYG 27.34 PYG |
50 SOMM = PYG 136.71 PYG |
100 SOMM = PYG 273.42 PYG |
500 SOMM = PYG 1,367.10 PYG |
1,000 SOMM = PYG 2,734.20 PYG |
PYG to SOMM over time
PYG | Today | 24H -6,959,557.61% | 1M -11,041,229.53% | 1Y -2,037,785.12% |
|---|---|---|---|---|
0.5 PYG | 0.1829 SOMM | 0.1695 SOMM | 0.2689 SOMM | 0.04963 SOMM |
1 PYG | 0.3657 SOMM | 0.339 SOMM | 0.5378 SOMM | 0.09927 SOMM |
5 PYG | 1.83 SOMM | 1.70 SOMM | 2.69 SOMM | 0.4963 SOMM |
10 PYG | 3.66 SOMM | 3.39 SOMM | 5.38 SOMM | 0.9927 SOMM |
50 PYG | 18.29 SOMM | 16.95 SOMM | 26.89 SOMM | 4.96 SOMM |
100 PYG | 36.57 SOMM | 33.90 SOMM | 53.78 SOMM | 9.93 SOMM |
500 PYG | 182.87 SOMM | 169.50 SOMM | 268.91 SOMM | 49.63 SOMM |
1,000 PYG | 365.74 SOMM | 339.00 SOMM | 537.82 SOMM | 99.27 SOMM |
Frequently asked questions
Right now, 1 Sommelier is worth about PYG 2.73.
Based on the current rate, you could get 0.3657 SOMM for 1 PYG.
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 PYG calculator at the top of this page to convert any amount of SOMM to PYG. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PYG is equivalent to 1.83 SOMM. Inversely, 5 SOMM will cost about PYG 13.67
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 Bancor Governance Token, Alita Finance, and FLOKI X. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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