Convert Swedish Krona SEK to Sommelier SOMM
1 SEK converts to 184.00 SOMM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is SEK 0.005435 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SEK 2,058,388.68. The amount of Sommelier traded has risen by SEK 119,492.06 in the last 24 hours, which is a 7,927.30% increase. Additionally, in the last day, SEK 1,507.35 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is SEK 0.005435 SEK. In other words, to buy 5 Sommelier, it would cost you SEK 0.027174 SEK. Inversely, SEK 1.00 SEK would allow you to trade for 184.00 SOMM while SEK 50.00 SEK would convert to 9,199.88 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.36%. Meanwhile, in the last 24 hours, the rate has changed by 12.43%, and that the highest exchange rate of 1 SOMM to SEK was SEK 0.006955 SEK and the lowest 24 hour value was 1 SOMM for SEK 0.005331 SEK. Last month, 1 SOMM was worth SEK 0.003887 SEK. Today, it's up 37.28%. Looking back a year, Sommelier has changed by SEK 0.01232 SEK. That means that in a single year, the value of Sommelier has shrank by 55.49%.
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
SEK to SOMM values from Today at
SEK 0.50 SEK = 92.00 SOMM |
SEK 1.00 SEK = 184.00 SOMM |
SEK 5.00 SEK = 919.99 SOMM |
SEK 10.00 SEK = 1,839.98 SOMM |
SEK 50.00 SEK = 9,199.88 SOMM |
SEK 100.00 SEK = 18,399.76 SOMM |
SEK 500.00 SEK = 91,998.79 SOMM |
SEK 1,000.00 SEK = 183,997.58 SOMM |
SOMM to SEK values from Today at 3:41 am
0.5 SOMM = SEK 0.002717 SEK |
1 SOMM = SEK 0.005435 SEK |
5 SOMM = SEK 0.02717 SEK |
10 SOMM = SEK 0.05435 SEK |
50 SOMM = SEK 0.2717 SEK |
100 SOMM = SEK 0.5435 SEK |
500 SOMM = SEK 2.72 SEK |
1,000 SOMM = SEK 5.43 SEK |
SEK to SOMM over time
SEK | Today | 24H -16,073.16% | 1M -25,726.43% | 1Y -8,118.84% |
|---|---|---|---|---|
0.5 SEK | 92.00 SOMM | 80.37 SOMM | 128.63 SOMM | 40.59 SOMM |
1 SEK | 184.00 SOMM | 160.73 SOMM | 257.26 SOMM | 81.19 SOMM |
5 SEK | 919.99 SOMM | 803.66 SOMM | 1,286.32 SOMM | 405.94 SOMM |
10 SEK | 1,839.98 SOMM | 1,607.32 SOMM | 2,572.64 SOMM | 811.88 SOMM |
50 SEK | 9,199.88 SOMM | 8,036.58 SOMM | 12,863.22 SOMM | 4,059.42 SOMM |
100 SEK | 18,399.76 SOMM | 16,073.16 SOMM | 25,726.43 SOMM | 8,118.84 SOMM |
500 SEK | 91,998.79 SOMM | 80,365.82 SOMM | 128,632.16 SOMM | 40,594.19 SOMM |
1,000 SEK | 183,997.58 SOMM | 160,731.65 SOMM | 257,264.32 SOMM | 81,188.38 SOMM |
Frequently asked questions
Right now, 1 Sommelier is worth about SEK 0.005435.
Based on the current rate, you could get 184.00 SOMM for 1 SEK.
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 SEK calculator at the top of this page to convert any amount of SOMM to SEK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SEK is equivalent to 919.99 SOMM. Inversely, 5 SOMM will cost about SEK 0.02717
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 Sunny Side up, Bnext Token, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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