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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SOMM and AWE
Sommelier is climbing, while Awe is falling this week. The current SOMM to AWE conversion rate is 0.006196. Inversely, this means that if you convert 1 AWE you will get 161.39 SOMM. The conversion rate of SOMM/AWE has decreased by 0.16% in the last hour (AWE/SOMM increased by 0.16%). In the last 24 hours, SOMM/AWE grew by 9.86%, while AWE/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.006196 AWE. In other words, to buy 5 Sommelier, it would cost you 0.030981 AWE. Inversely, 1 AWE would allow you to trade for 161.39 SOMM while 50 AWE would convert to 8,069.49 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.62%. Meanwhile, in the last 24 hours, the rate has changed by 9.15%, which means that the highest exchange rate of 1 SOMM to AWE was 0.006257 AWE and the lowest 24 hour value was 1 SOMM for 0.005601 AWE. Last month, 1 SOMM was worth 0.005713 AWE. Today, it's up 7.79%. Looking back a year, Sommelier has changed by 0.03641 AWE. That means that in a single year, the value of Sommelier has shrank by 487.61%.
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.
Awe Market Stats
AWE is the native utility and governance token of the AWE Network, a blockchain-based infrastructure focused on enabling large-scale, persistent, AI-driven virtual worlds where thousands of AI agents interact, collaborate, and evolve.
Conversion tables
SOMM to AWE values from Today at 3:54 am
0.5 SOMM = 0.003098 AWE |
1 SOMM = 0.006196 AWE |
5 SOMM = 0.03098 AWE |
10 SOMM = 0.06196 AWE |
50 SOMM = 0.3098 AWE |
100 SOMM = 0.6196 AWE |
500 SOMM = 3.10 AWE |
1,000 SOMM = 6.20 AWE |
AWE to SOMM values from Today at 3:42 am
0.5 AWE = 80.69 SOMM |
1 AWE = 161.39 SOMM |
5 AWE = 806.95 SOMM |
10 AWE = 1,613.90 SOMM |
50 AWE = 8,069.49 SOMM |
100 AWE = 16,138.99 SOMM |
500 AWE = 80,694.93 SOMM |
1,000 AWE = 161,389.87 SOMM |
SOMM to AWE over time
SOMM | Today | 24H 9.15% | 1M 7.79% | 1Y -487.61% |
|---|---|---|---|---|
0.5 SOMM | 0.003098 AWE | 0.002815 AWE | 0.002857 AWE | 0.0182 AWE |
1 SOMM | 0.006196 AWE | 0.005629 AWE | 0.005713 AWE | 0.03641 AWE |
5 SOMM | 0.03098 AWE | 0.02815 AWE | 0.02857 AWE | 0.182 AWE |
10 SOMM | 0.06196 AWE | 0.05629 AWE | 0.05713 AWE | 0.3641 AWE |
50 SOMM | 0.3098 AWE | 0.2815 AWE | 0.2857 AWE | 1.82 AWE |
100 SOMM | 0.6196 AWE | 0.5629 AWE | 0.5713 AWE | 3.64 AWE |
500 SOMM | 3.10 AWE | 2.81 AWE | 2.86 AWE | 18.20 AWE |
1,000 SOMM | 6.20 AWE | 5.63 AWE | 5.71 AWE | 36.41 AWE |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0003859.
Based on the current rate, you could get 2,591.36 SOMM for 1 USD.
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 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 12,956.80 SOMM. Inversely, 5 SOMM will cost about $0.001929
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, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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