Convert Sommelier SOMM to Azerbaijani Manat AZN
SOMM to AZN: 1 Sommelier converts to AZN 0.0005001 AZN as of July 28 at 11:36 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is AZN 0.0005001 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of AZN 184,702.48. The amount of Sommelier traded has fallen by AZN 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, AZN 23.85 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is AZN 0.0005001 AZN. In other words, to buy 5 Sommelier, it would cost you AZN 0.0025006 AZN. Inversely, AZN 1.00 AZN would allow you to trade for 1,999.50 SOMM while AZN 50.00 AZN would convert to 99,975.14 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.12%. Meanwhile, in the last 24 hours, the rate has changed by 0.91%, and that the highest exchange rate of 1 SOMM to AZN was AZN 0.0005058 AZN and the lowest 24 hour value was 1 SOMM for AZN 0.0004946 AZN. Last month, 1 SOMM was worth AZN 0.000793 AZN. Today, it's down 37.76%. Looking back a year, Sommelier has changed by AZN 0.001742 AZN. That means that in a single year, the value of Sommelier has shrank by 71.29%.
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 AZN values from Today at 11:36 pm
0.5 SOMM = AZN 0.0002501 AZN |
1 SOMM = AZN 0.0005001 AZN |
5 SOMM = AZN 0.002501 AZN |
10 SOMM = AZN 0.005001 AZN |
50 SOMM = AZN 0.02501 AZN |
100 SOMM = AZN 0.05001 AZN |
500 SOMM = AZN 0.2501 AZN |
1,000 SOMM = AZN 0.5001 AZN |
AZN to SOMM values from Today at
AZN 0.50 AZN = 999.75 SOMM |
AZN 1.00 AZN = 1,999.50 SOMM |
AZN 5.00 AZN = 9,997.51 SOMM |
AZN 10.00 AZN = 19,995.03 SOMM |
AZN 50.00 AZN = 99,975.14 SOMM |
AZN 100.00 AZN = 199,950.28 SOMM |
AZN 500.00 AZN = 999,751.41 SOMM |
AZN 1,000.00 AZN = 1,999,502.82 SOMM |
SOMM to AZN over time
SOMM | Today | 24H 0.40% | 1M -58.56% | 1Y -248.27% |
|---|---|---|---|---|
0.5 SOMM | AZN 0.0002501 AZN | AZN 0.0002491 AZN | AZN 0.0003965 AZN | AZN 0.0008709 AZN |
1 SOMM | AZN 0.0005001 AZN | AZN 0.0004981 AZN | AZN 0.000793 AZN | AZN 0.001742 AZN |
5 SOMM | AZN 0.002501 AZN | AZN 0.002491 AZN | AZN 0.003965 AZN | AZN 0.008709 AZN |
10 SOMM | AZN 0.005001 AZN | AZN 0.004981 AZN | AZN 0.00793 AZN | AZN 0.01742 AZN |
50 SOMM | AZN 0.02501 AZN | AZN 0.02491 AZN | AZN 0.03965 AZN | AZN 0.08709 AZN |
100 SOMM | AZN 0.05001 AZN | AZN 0.04981 AZN | AZN 0.0793 AZN | AZN 0.1742 AZN |
500 SOMM | AZN 0.2501 AZN | AZN 0.2491 AZN | AZN 0.3965 AZN | AZN 0.8709 AZN |
1,000 SOMM | AZN 0.5001 AZN | AZN 0.4981 AZN | AZN 0.793 AZN | AZN 1.74 AZN |
Frequently asked questions
Right now, 1 Sommelier is worth about AZN 0.0005001.
Based on the current rate, you could get 1,999.50 SOMM for 1 AZN.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 AZN calculator at the top of this page to convert any amount of SOMM to AZN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AZN is equivalent to 9,997.51 SOMM. Inversely, 5 SOMM will cost about AZN 0.002501
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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