Convert Sommelier SOMM to Argentine Peso ARS
SOMM to ARS: 1 Sommelier converts to ARS 0.6233 ARS as of June 7 at 6:58 AM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ARS 0.6233 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ARS 232,751,801.41. The amount of Sommelier traded has fallen by -ARS 130,688.19 in the last 24 hours, which is a 85.18% decrease. Additionally, in the last day, ARS 153,429.02 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ARS 0.6233 ARS. In other words, to buy 5 Sommelier, it would cost you ARS 3.1164 ARS. Inversely, ARS 1.00 ARS would allow you to trade for 1.60 SOMM while ARS 50.00 ARS would convert to 80.22 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.12%. Meanwhile, in the last 24 hours, the rate has changed by 7.69%, which means that the highest exchange rate of 1 SOMM to ARS was ARS 0.6326 ARS and the lowest 24 hour value was 1 SOMM for ARS 0.5239 ARS. Last month, 1 SOMM was worth ARS 0.701 ARS. Today, it's down 12.85%. Looking back a year, Sommelier has changed by ARS 1.43 ARS. That means that in a single year, the value of Sommelier has shrank by 64.5%.
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
SOMM to ARS values from Today at 6:58 am
0.5 SOMM = ARS 0.3116 ARS |
1 SOMM = ARS 0.6233 ARS |
5 SOMM = ARS 3.12 ARS |
10 SOMM = ARS 6.23 ARS |
50 SOMM = ARS 31.16 ARS |
100 SOMM = ARS 62.33 ARS |
500 SOMM = ARS 311.64 ARS |
1,000 SOMM = ARS 623.28 ARS |
ARS to SOMM values from Today at
ARS 0.50 ARS = 0.8022 SOMM |
ARS 1.00 ARS = 1.60 SOMM |
ARS 5.00 ARS = 8.02 SOMM |
ARS 10.00 ARS = 16.04 SOMM |
ARS 50.00 ARS = 80.22 SOMM |
ARS 100.00 ARS = 160.44 SOMM |
ARS 500.00 ARS = 802.21 SOMM |
ARS 1,000.00 ARS = 1,604.42 SOMM |
SOMM to ARS over time
SOMM | Today | 24H 6.61% | 1M -12.47% | 1Y -129.42% |
|---|---|---|---|---|
0.5 SOMM | ARS 0.3116 ARS | ARS 0.291 ARS | ARS 0.3505 ARS | ARS 0.715 ARS |
1 SOMM | ARS 0.6233 ARS | ARS 0.5821 ARS | ARS 0.701 ARS | ARS 1.43 ARS |
5 SOMM | ARS 3.12 ARS | ARS 2.91 ARS | ARS 3.51 ARS | ARS 7.15 ARS |
10 SOMM | ARS 6.23 ARS | ARS 5.82 ARS | ARS 7.01 ARS | ARS 14.30 ARS |
50 SOMM | ARS 31.16 ARS | ARS 29.10 ARS | ARS 35.05 ARS | ARS 71.50 ARS |
100 SOMM | ARS 62.33 ARS | ARS 58.21 ARS | ARS 70.10 ARS | ARS 142.99 ARS |
500 SOMM | ARS 311.64 ARS | ARS 291.03 ARS | ARS 350.51 ARS | ARS 714.96 ARS |
1,000 SOMM | ARS 623.28 ARS | ARS 582.06 ARS | ARS 701.02 ARS | ARS 1,429.91 ARS |
Frequently asked questions
Right now, 1 Sommelier is worth about ARS 0.6233.
Based on the current rate, you could get 1.60 SOMM for 1 ARS.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to ARS calculator at the top of this page to convert any amount of SOMM to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 8.02 SOMM. Inversely, 5 SOMM will cost about ARS 3.12
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 Titi Financial, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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