Convert Sommelier SOMM to 1inch 1INCH
1 SOMM converts to 0.007692 1INCH
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Restrictions apply, see full terms.
About SOMM and 1INCH
Sommelier is falling, while 1inch is climbing this week. The current SOMM to 1INCH conversion rate is 0.007692. Inversely, this means that if you convert 1 1INCH you will get 130.01 SOMM. The conversion rate of SOMM/1INCH has decreased by 0.46% in the last hour (1INCH/SOMM increased by 0.46%). In the last 24 hours, SOMM/1INCH shrunk by 6.85%, while 1INCH/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.007692 1INCH. In other words, to buy 5 Sommelier, it would cost you 0.038458 1INCH. Inversely, 1 1INCH would allow you to trade for 130.01 SOMM while 50 1INCH would convert to 6,500.56 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.42%. Meanwhile, in the last 24 hours, the rate has changed by 6.81%, and that the highest exchange rate of 1 SOMM to 1INCH was 0.009917 1INCH and the lowest 24 hour value was 1 SOMM for 0.007627 1INCH. Last month, 1 SOMM was worth 0.004798 1INCH. Today, it's up 37.63%. Looking back a year, Sommelier has changed by 0.007204 1INCH. That means that in a single year, the value of Sommelier has grown by 6.34%.
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.
1inch Market Stats
1INCH is an Ethereum token that powers 1inch, a decentralized exchange that aims to offer the “best rates by discovering the most efficient swapping routes across all leading DEXes.” Decentralized exchanges (a.k.a. DEXes) like 1inch enable users to transact tokens without an intermediary. 1inch aggregates token prices across decentralized exchanges in order to find the best prices for users.
Conversion tables
SOMM to 1INCH values from Today at 12:08 pm
0.5 SOMM = 0.003846 1INCH |
1 SOMM = 0.007692 1INCH |
5 SOMM = 0.03846 1INCH |
10 SOMM = 0.07692 1INCH |
50 SOMM = 0.3846 1INCH |
100 SOMM = 0.7692 1INCH |
500 SOMM = 3.85 1INCH |
1,000 SOMM = 7.69 1INCH |
1INCH to SOMM values from Today at 12:11 pm
0.5 1INCH = 65.01 SOMM |
1 1INCH = 130.01 SOMM |
5 1INCH = 650.06 SOMM |
10 1INCH = 1,300.11 SOMM |
50 1INCH = 6,500.56 SOMM |
100 1INCH = 13,001.12 SOMM |
500 1INCH = 65,005.59 SOMM |
1,000 1INCH = 130,011.18 SOMM |
SOMM to 1INCH over time
SOMM | Today | 24H -6.81% | 1M 37.63% | 1Y 6.34% |
|---|---|---|---|---|
0.5 SOMM | 0.003846 1INCH | 0.004108 1INCH | 0.002399 1INCH | 0.003602 1INCH |
1 SOMM | 0.007692 1INCH | 0.008215 1INCH | 0.004798 1INCH | 0.007204 1INCH |
5 SOMM | 0.03846 1INCH | 0.04108 1INCH | 0.02399 1INCH | 0.03602 1INCH |
10 SOMM | 0.07692 1INCH | 0.08215 1INCH | 0.04798 1INCH | 0.07204 1INCH |
50 SOMM | 0.3846 1INCH | 0.4108 1INCH | 0.2399 1INCH | 0.3602 1INCH |
100 SOMM | 0.7692 1INCH | 0.8215 1INCH | 0.4798 1INCH | 0.7204 1INCH |
500 SOMM | 3.85 1INCH | 4.11 1INCH | 2.40 1INCH | 3.60 1INCH |
1,000 SOMM | 7.69 1INCH | 8.22 1INCH | 4.80 1INCH | 7.20 1INCH |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0005576.
Based on the current rate, you could get 1,793.26 SOMM for 1 USD.
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 USD calculator at the top of this page to convert any amount of SOMM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 8,966.29 SOMM. Inversely, 5 SOMM will cost about $0.002788
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, Web3 Doge, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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