Convert Sommelier SOMM to Armenian Dram AMD

AMD

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is AMD 0.1357 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of AMD 52,435,375.73. The amount of Sommelier traded has fallen by -AMD 9,899.21 in the last 24 hours, which is a 33.09% decrease. Additionally, in the last day, AMD 29,916.49 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is AMD 0.1357 AMD. In other words, to buy 5 Sommelier, it would cost you AMD 0.6787 AMD. Inversely, AMD 1.00 AMD would allow you to trade for 7.37 SOMM while AMD 50.00 AMD would convert to 368.36 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 27.09%. Meanwhile, in the last 24 hours, the rate has changed by 14.01%, and that the highest exchange rate of 1 SOMM to AMD was AMD 0.1851 AMD and the lowest 24 hour value was 1 SOMM for AMD 0.1381 AMD. Last month, 1 SOMM was worth AMD 0.1084 AMD. Today, it's up 28.07%. Looking back a year, Sommelier has changed by AMD 0.5013 AMD. That means that in a single year, the value of Sommelier has shrank by 71.35%.

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.

AMD 0.1357Price
AMD 52.44MMarket cap
AMD 29.92KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to AMD values from Today at 12:09 am

0.5 SOMM = AMD 0.06787 AMD
1 SOMM = AMD 0.1357 AMD
5 SOMM = AMD 0.6787 AMD
10 SOMM = AMD 1.36 AMD
50 SOMM = AMD 6.79 AMD
100 SOMM = AMD 13.57 AMD
500 SOMM = AMD 67.87 AMD
1,000 SOMM = AMD 135.74 AMD

AMD to SOMM values from Today at

AMD 0.50 AMD = 3.68 SOMM
AMD 1.00 AMD = 7.37 SOMM
AMD 5.00 AMD = 36.84 SOMM
AMD 10.00 AMD = 73.67 SOMM
AMD 50.00 AMD = 368.36 SOMM
AMD 100.00 AMD = 736.71 SOMM
AMD 500.00 AMD = 3,683.56 SOMM
AMD 1,000.00 AMD = 7,367.12 SOMM

SOMM to AMD over time

SOMM
Today
24H
-18.22%
1M
20.11%
1Y
-269.33%
0.5 SOMM
AMD 0.06787 AMD
AMD 0.08023 AMD
AMD 0.05422 AMD
AMD 0.2507 AMD
1 SOMM
AMD 0.1357 AMD
AMD 0.1605 AMD
AMD 0.1084 AMD
AMD 0.5013 AMD
5 SOMM
AMD 0.6787 AMD
AMD 0.8023 AMD
AMD 0.5422 AMD
AMD 2.51 AMD
10 SOMM
AMD 1.36 AMD
AMD 1.60 AMD
AMD 1.08 AMD
AMD 5.01 AMD
50 SOMM
AMD 6.79 AMD
AMD 8.02 AMD
AMD 5.42 AMD
AMD 25.07 AMD
100 SOMM
AMD 13.57 AMD
AMD 16.05 AMD
AMD 10.84 AMD
AMD 50.13 AMD
500 SOMM
AMD 67.87 AMD
AMD 80.23 AMD
AMD 54.22 AMD
AMD 250.66 AMD
1,000 SOMM
AMD 135.74 AMD
AMD 160.47 AMD
AMD 108.44 AMD
AMD 501.32 AMD

Frequently asked questions

Right now, 1 Sommelier is worth about AMD 0.1357.

Based on the current rate, you could get 7.37 SOMM for 1 AMD.

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 AMD calculator at the top of this page to convert any amount of SOMM to AMD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AMD is equivalent to 36.84 SOMM. Inversely, 5 SOMM will cost about AMD 0.6787

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 Vee Finance, Planq, and YODA. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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