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About RAD and SOMM
Radworks is climbing, while Sommelier is falling this week. The current RAD to SOMM conversion rate is 720.72. Inversely, this means that if you convert 1 SOMM you will get 0.001388 RAD. The conversion rate of RAD/SOMM has decreased by 0.23% in the last hour (SOMM/RAD increased by 0.23%). In the last 24 hours, RAD/SOMM grew by 0.4%, while SOMM/RAD shrunk by the same amount.
The exchange rate of Radworks is increasing. The current value of 1 RAD is 720.72 SOMM. In other words, to buy 5 Radworks, it would cost you 3,603.58 SOMM. Inversely, 1 SOMM would allow you to trade for 0.001388 RAD while 50 SOMM would convert to 0.06938 RAD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.45%. Meanwhile, in the last 24 hours, the rate has changed by 0.39%, which means that the highest exchange rate of 1 RAD to SOMM was 729.06 SOMM and the lowest 24 hour value was 1 RAD for 708.15 SOMM. Last month, 1 RAD was worth 429.88 SOMM. Today, it's up 40.35%. Looking back a year, Radworks has changed by 581.41 SOMM. That means that in a single year, the value of Radworks has grown by 19.33%.
Radworks Market Stats
$RAD is an Ethereum token that powers the Radworks ecosystem. Radworks is a community-governed organization that funds new, resilient, permissionless technologies to cultivate internet freedom. It is the organization behind Radicle, a sovereign peer-to-peer network for code collaboration, built on top of Git, and Drips, a peer-to-peer fund sharing and splitting solution built on Ethereum.
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
RAD to SOMM values from Today at 1:19 am
0.5 RAD = 360.36 SOMM |
1 RAD = 720.72 SOMM |
5 RAD = 3,603.58 SOMM |
10 RAD = 7,207.15 SOMM |
50 RAD = 36,035.76 SOMM |
100 RAD = 72,071.51 SOMM |
500 RAD = 360,357.55 SOMM |
1,000 RAD = 720,715.10 SOMM |
SOMM to RAD values from Today at 1:17 am
0.5 SOMM = 0.0006938 RAD |
1 SOMM = 0.001388 RAD |
5 SOMM = 0.006938 RAD |
10 SOMM = 0.01388 RAD |
50 SOMM = 0.06938 RAD |
100 SOMM = 0.1388 RAD |
500 SOMM = 0.6938 RAD |
1,000 SOMM = 1.39 RAD |
RAD to SOMM over time
RAD | Today | 24H 0.39% | 1M 40.35% | 1Y 19.33% |
|---|---|---|---|---|
0.5 RAD | 360.36 SOMM | 358.94 SOMM | 214.94 SOMM | 290.70 SOMM |
1 RAD | 720.72 SOMM | 717.87 SOMM | 429.88 SOMM | 581.41 SOMM |
5 RAD | 3,603.58 SOMM | 3,589.36 SOMM | 2,149.38 SOMM | 2,907.03 SOMM |
10 RAD | 7,207.15 SOMM | 7,178.73 SOMM | 4,298.76 SOMM | 5,814.06 SOMM |
50 RAD | 36,035.76 SOMM | 35,893.64 SOMM | 21,493.82 SOMM | 29,070.30 SOMM |
100 RAD | 72,071.51 SOMM | 71,787.27 SOMM | 42,987.64 SOMM | 58,140.60 SOMM |
500 RAD | 360,357.55 SOMM | 358,936.36 SOMM | 214,938.21 SOMM | 290,702.99 SOMM |
1,000 RAD | 720,715.10 SOMM | 717,872.72 SOMM | 429,876.42 SOMM | 581,405.98 SOMM |
Frequently asked questions
Right now, 1 Radworks is worth about $0.213.
Based on the current rate, you could get 4.69 RAD for 1 USD.
Radworks price has been declining. Since yesterday, the exchange rate of Radworks has decreased. Since last month, the exchange rate of Radworks has increased. Since this time last year, the price of Radworks has decreased.
You can use our RAD to USD calculator at the top of this page to convert any amount of RAD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 23.47 RAD. Inversely, 5 RAD will cost about $1.07
Radworks is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Radworks.
There are a number of crypto assets that have the a similar or comparable market cap to Radworks, including Gains Network, Invesco QQQ Trust Tokenized bStocks, and Aurora. For a more robust list of assets to explore, jump to the asset page dedicated to Radworks.
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