About SDEX and SOMM
SmarDex is falling, while Sommelier is climbing this week. The current SDEX to SOMM conversion rate is 1.13. Inversely, this means that if you convert 1 SOMM you will get 0.8861 SDEX. The conversion rate of SDEX/SOMM has decreased by 0.94% in the last hour (SOMM/SDEX increased by 0.94%). In the last 24 hours, SDEX/SOMM shrunk by 7.54%, while SOMM/SDEX grew by the same amount.
The exchange rate of SmarDex is decreasing. The current value of 1 SDEX is 1.13 SOMM. In other words, to buy 5 SmarDex, it would cost you 5.64 SOMM. Inversely, 1 SOMM would allow you to trade for 0.8861 SDEX while 50 SOMM would convert to 44.30 SDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.77%. Meanwhile, in the last 24 hours, the rate has changed by 6.6%, and that the highest exchange rate of 1 SDEX to SOMM was 1.21 SOMM and the lowest 24 hour value was 1 SDEX for 1.11 SOMM. Last month, 1 SDEX was worth 1.31 SOMM. Today, it's down 16.48%. Looking back a year, SmarDex has changed by 1.47 SOMM. That means that in a single year, the value of SmarDex has shrank by 30.06%.
SmarDex Market Stats
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
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
SDEX to SOMM values from Today at 6:41 am
0.5 SDEX = 0.5643 SOMM |
1 SDEX = 1.13 SOMM |
5 SDEX = 5.64 SOMM |
10 SDEX = 11.29 SOMM |
50 SDEX = 56.43 SOMM |
100 SDEX = 112.86 SOMM |
500 SDEX = 564.29 SOMM |
1,000 SDEX = 1,128.59 SOMM |
SOMM to SDEX values from Today at 6:41 am
0.5 SOMM = 0.443 SDEX |
1 SOMM = 0.8861 SDEX |
5 SOMM = 4.43 SDEX |
10 SOMM = 8.86 SDEX |
50 SOMM = 44.30 SDEX |
100 SOMM = 88.61 SDEX |
500 SOMM = 443.03 SDEX |
1,000 SOMM = 886.06 SDEX |
SDEX to SOMM over time
SDEX | Today | 24H -6.60% | 1M -16.48% | 1Y -30.06% |
|---|---|---|---|---|
0.5 SDEX | 0.5643 SOMM | 0.6016 SOMM | 0.6573 SOMM | 0.7339 SOMM |
1 SDEX | 1.13 SOMM | 1.20 SOMM | 1.31 SOMM | 1.47 SOMM |
5 SDEX | 5.64 SOMM | 6.02 SOMM | 6.57 SOMM | 7.34 SOMM |
10 SDEX | 11.29 SOMM | 12.03 SOMM | 13.15 SOMM | 14.68 SOMM |
50 SDEX | 56.43 SOMM | 60.16 SOMM | 65.73 SOMM | 73.39 SOMM |
100 SDEX | 112.86 SOMM | 120.31 SOMM | 131.46 SOMM | 146.78 SOMM |
500 SDEX | 564.29 SOMM | 601.55 SOMM | 657.29 SOMM | 733.92 SOMM |
1,000 SDEX | 1,128.59 SOMM | 1,203.11 SOMM | 1,314.57 SOMM | 1,467.83 SOMM |
Frequently asked questions
Right now, 1 SmarDex is worth about $0.0004389.
Based on the current rate, you could get 2,278.64 SDEX for 1 USD.
SmarDex price has been on the rise. Since yesterday, the exchange rate of SmarDex has increased. Since last month, the exchange rate of SmarDex has decreased. Since this time last year, the price of SmarDex has decreased.
You can use our SDEX to USD calculator at the top of this page to convert any amount of SDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 11,393.21 SDEX. Inversely, 5 SDEX will cost about $0.002194
SmarDex can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SmarDex.
There are a number of crypto assets that have the a similar or comparable market cap to SmarDex, including DOWGE, Pups (Bitcoin), and Bytecoin. For a more robust list of assets to explore, jump to the asset page dedicated to SmarDex.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.


