Convert Sommelier SOMM to Chinese Renminbi Yuan CNY

SOMM to CNY: 1 Sommelier converts to CN¥0.002283 CNY as of July 18 at 4:56 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is CN¥0.002283 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of CN¥851,801.45. The amount of Sommelier traded has fallen by -CN¥3.16 in the last 24 hours, which is a 0.85% decrease. Additionally, in the last day, CN¥369.75 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is CN¥0.002283 CNY. In other words, to buy 5 Sommelier, it would cost you CN¥0.011414 CNY. Inversely, CN¥1.00 CNY would allow you to trade for 438.08 SOMM while CN¥50.00 CNY would convert to 21,903.75 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 7.89%. Meanwhile, in the last 24 hours, the rate has changed by 0.23%, and that the highest exchange rate of 1 SOMM to CNY was CN¥0.002283 CNY and the lowest 24 hour value was 1 SOMM for CN¥0.002275 CNY. Last month, 1 SOMM was worth CN¥0.004178 CNY. Today, it's down 45.51%. Looking back a year, Sommelier has changed by CN¥0.006274 CNY. That means that in a single year, the value of Sommelier has shrank by 61.46%.

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.

CN¥0.002283Price
CN¥851.8KMarket cap
CN¥369.75Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to CNY values from Today at 4:56 pm

0.5 SOMM = CN¥0.001141 CNY
1 SOMM = CN¥0.002283 CNY
5 SOMM = CN¥0.01141 CNY
10 SOMM = CN¥0.02283 CNY
50 SOMM = CN¥0.1141 CNY
100 SOMM = CN¥0.2283 CNY
500 SOMM = CN¥1.14 CNY
1,000 SOMM = CN¥2.28 CNY

CNY to SOMM values from Today at

CN¥0.50 CNY = 219.04 SOMM
CN¥1.00 CNY = 438.08 SOMM
CN¥5.00 CNY = 2,190.38 SOMM
CN¥10.00 CNY = 4,380.75 SOMM
CN¥50.00 CNY = 21,903.75 SOMM
CN¥100.00 CNY = 43,807.50 SOMM
CN¥500.00 CNY = 219,037.50 SOMM
CN¥1,000.00 CNY = 438,075.01 SOMM

SOMM to CNY over time

SOMM
Today
24H
0.23%
1M
-83.03%
1Y
-174.84%
0.5 SOMM
CN¥0.001141 CNY
CN¥0.001139 CNY
CN¥0.002089 CNY
CN¥0.003137 CNY
1 SOMM
CN¥0.002283 CNY
CN¥0.002278 CNY
CN¥0.004178 CNY
CN¥0.006274 CNY
5 SOMM
CN¥0.01141 CNY
CN¥0.01139 CNY
CN¥0.02089 CNY
CN¥0.03137 CNY
10 SOMM
CN¥0.02283 CNY
CN¥0.02278 CNY
CN¥0.04178 CNY
CN¥0.06274 CNY
50 SOMM
CN¥0.1141 CNY
CN¥0.1139 CNY
CN¥0.2089 CNY
CN¥0.3137 CNY
100 SOMM
CN¥0.2283 CNY
CN¥0.2278 CNY
CN¥0.4178 CNY
CN¥0.6274 CNY
500 SOMM
CN¥1.14 CNY
CN¥1.14 CNY
CN¥2.09 CNY
CN¥3.14 CNY
1,000 SOMM
CN¥2.28 CNY
CN¥2.28 CNY
CN¥4.18 CNY
CN¥6.27 CNY

Frequently asked questions

Right now, 1 Sommelier is worth about CN¥0.002283.

Based on the current rate, you could get 438.08 SOMM for 1 CNY.

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 CNY calculator at the top of this page to convert any amount of SOMM to CNY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNY is equivalent to 2,190.38 SOMM. Inversely, 5 SOMM will cost about CN¥0.01141

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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