Convert THORChain RUNE to Sommelier SOMM

About RUNE and SOMM

THORChain is climbing, while Sommelier is falling this week. The current RUNE to SOMM conversion rate is 822.99. Inversely, this means that if you convert 1 SOMM you will get 0.001215 RUNE. The conversion rate of RUNE/SOMM has increased by 0.77% in the last hour (SOMM/RUNE decreased by 0.77%). In the last 24 hours, RUNE/SOMM grew by 1.81%, while SOMM/RUNE shrunk by the same amount.

The exchange rate of THORChain is increasing. The current value of 1 RUNE is 822.99 SOMM. In other words, to buy 5 THORChain, it would cost you 4,114.94 SOMM. Inversely, 1 SOMM would allow you to trade for 0.001215 RUNE while 50 SOMM would convert to 0.06075 RUNE, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.26%. Meanwhile, in the last 24 hours, the rate has changed by 1.85%, and that the highest exchange rate of 1 RUNE to SOMM was 822.98 SOMM and the lowest 24 hour value was 1 RUNE for 796.80 SOMM. Last month, 1 RUNE was worth 1,063.49 SOMM. Today, it's down 29.22%. Looking back a year, THORChain has changed by 1,336.32 SOMM. That means that in a single year, the value of THORChain has shrank by 62.37%.

THORChain Market Stats

$0.3793Price
$128.14MMarket cap
$3.79MVolume (24h)
338.3M RUNECir. Supply

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.

$0.0004609Price
$173.11KMarket cap
$2.43Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

RUNE to SOMM values from Today at 2:28 am

0.5 RUNE = 411.49 SOMM
1 RUNE = 822.99 SOMM
5 RUNE = 4,114.94 SOMM
10 RUNE = 8,229.88 SOMM
50 RUNE = 41,149.42 SOMM
100 RUNE = 82,298.83 SOMM
500 RUNE = 411,494.17 SOMM
1,000 RUNE = 822,988.34 SOMM

SOMM to RUNE values from Today at 2:28 am

0.5 SOMM = 0.0006075 RUNE
1 SOMM = 0.001215 RUNE
5 SOMM = 0.006075 RUNE
10 SOMM = 0.01215 RUNE
50 SOMM = 0.06075 RUNE
100 SOMM = 0.1215 RUNE
500 SOMM = 0.6075 RUNE
1,000 SOMM = 1.22 RUNE

RUNE to SOMM over time

RUNE
Today
24H
1.85%
1M
-29.22%
1Y
-62.37%
0.5 RUNE
411.49 SOMM
403.88 SOMM
531.75 SOMM
668.16 SOMM
1 RUNE
822.99 SOMM
807.77 SOMM
1,063.49 SOMM
1,336.32 SOMM
5 RUNE
4,114.94 SOMM
4,038.83 SOMM
5,317.46 SOMM
6,681.59 SOMM
10 RUNE
8,229.88 SOMM
8,077.65 SOMM
10,634.93 SOMM
13,363.18 SOMM
50 RUNE
41,149.42 SOMM
40,388.26 SOMM
53,174.64 SOMM
66,815.89 SOMM
100 RUNE
82,298.83 SOMM
80,776.53 SOMM
106,349.28 SOMM
133,631.79 SOMM
500 RUNE
411,494.17 SOMM
403,882.63 SOMM
531,746.38 SOMM
668,158.94 SOMM
1,000 RUNE
822,988.34 SOMM
807,765.26 SOMM
1,063,492.77 SOMM
1,336,317.88 SOMM

Frequently asked questions

Right now, 1 THORChain is worth about $0.3793.

Based on the current rate, you could get 2.64 RUNE for 1 USD.

THORChain price has been declining. Since yesterday, the exchange rate of THORChain has decreased. Since last month, the exchange rate of THORChain has decreased. Since this time last year, the price of THORChain has decreased.

You can use our RUNE to USD calculator at the top of this page to convert any amount of RUNE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.18 RUNE. Inversely, 5 RUNE will cost about $1.90

THORChain is not currently available through Coinbase, but you can sign up to get the latest news on THORChain and be notified when it is available.

There are a number of crypto assets that have the a similar or comparable market cap to THORChain, including Synapse, OriginTrail, and Arweave. For a more robust list of assets to explore, jump to the asset page dedicated to THORChain.

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