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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 DIA
Sommelier is climbing, while DIA is falling this week. The current SOMM to DIA conversion rate is 0.005021. Inversely, this means that if you convert 1 DIA you will get 199.16 SOMM. The conversion rate of SOMM/DIA has decreased by 0.29% in the last hour (DIA/SOMM increased by 0.29%). In the last 24 hours, SOMM/DIA grew by 34.91%, while DIA/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.005021 DIA. In other words, to buy 5 Sommelier, it would cost you 0.025105 DIA. Inversely, 1 DIA would allow you to trade for 199.16 SOMM while 50 DIA would convert to 9,958.03 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 31.76%. Meanwhile, in the last 24 hours, the rate has changed by 25.8%, which means that the highest exchange rate of 1 SOMM to DIA was 0.006452 DIA and the lowest 24 hour value was 1 SOMM for 0.003647 DIA. Last month, 1 SOMM was worth 0.003095 DIA. Today, it's up 38.36%. Looking back a year, Sommelier has changed by 0.003344 DIA. That means that in a single year, the value of Sommelier has grown by 33.4%.
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.
DIA Market Stats
DIA is an Ethereum token that governs Decentralized Information Asset (DIA), an open source Web3 data and oracle platform. This platform allows smart contracts to connect to external data sources, such as DeFi market data and centralized APIs. DIA can be used to propose and vote on platform upgrades.
Conversion tables
SOMM to DIA values from Today at 9:47 am
0.5 SOMM = 0.002511 DIA |
1 SOMM = 0.005021 DIA |
5 SOMM = 0.02511 DIA |
10 SOMM = 0.05021 DIA |
50 SOMM = 0.2511 DIA |
100 SOMM = 0.5021 DIA |
500 SOMM = 2.51 DIA |
1,000 SOMM = 5.02 DIA |
DIA to SOMM values from Today at 9:50 am
0.5 DIA = 99.58 SOMM |
1 DIA = 199.16 SOMM |
5 DIA = 995.80 SOMM |
10 DIA = 1,991.61 SOMM |
50 DIA = 9,958.03 SOMM |
100 DIA = 19,916.06 SOMM |
500 DIA = 99,580.32 SOMM |
1,000 DIA = 199,160.64 SOMM |
SOMM to DIA over time
SOMM | Today | 24H 25.80% | 1M 38.36% | 1Y 33.40% |
|---|---|---|---|---|
0.5 SOMM | 0.002511 DIA | 0.001863 DIA | 0.001548 DIA | 0.001672 DIA |
1 SOMM | 0.005021 DIA | 0.003725 DIA | 0.003095 DIA | 0.003344 DIA |
5 SOMM | 0.02511 DIA | 0.01863 DIA | 0.01548 DIA | 0.01672 DIA |
10 SOMM | 0.05021 DIA | 0.03725 DIA | 0.03095 DIA | 0.03344 DIA |
50 SOMM | 0.2511 DIA | 0.1863 DIA | 0.1548 DIA | 0.1672 DIA |
100 SOMM | 0.5021 DIA | 0.3725 DIA | 0.3095 DIA | 0.3344 DIA |
500 SOMM | 2.51 DIA | 1.86 DIA | 1.55 DIA | 1.67 DIA |
1,000 SOMM | 5.02 DIA | 3.73 DIA | 3.10 DIA | 3.34 DIA |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0006442.
Based on the current rate, you could get 1,552.43 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 7,762.13 SOMM. Inversely, 5 SOMM will cost about $0.003221
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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