Convert Sommelier SOMM to Definitive EDGE
1 SOMM converts to 0.005059 EDGE
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About SOMM and EDGE
Sommelier is falling, while Definitive is climbing this week. The current SOMM to EDGE conversion rate is 0.005059. Inversely, this means that if you convert 1 EDGE you will get 197.68 SOMM. The conversion rate of SOMM/EDGE has increased by 1.99% in the last hour (EDGE/SOMM decreased by 1.99%). In the last 24 hours, SOMM/EDGE shrunk by 15.21%, while EDGE/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.005059 EDGE. In other words, to buy 5 Sommelier, it would cost you 0.025293 EDGE. Inversely, 1 EDGE would allow you to trade for 197.68 SOMM while 50 EDGE would convert to 9,884.00 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.44%. Meanwhile, in the last 24 hours, the rate has changed by 14.76%, which means that the highest exchange rate of 1 SOMM to EDGE was 0.006081 EDGE and the lowest 24 hour value was 1 SOMM for 0.003838 EDGE. Last month, 1 SOMM was worth 0.00269 EDGE. Today, it's up 46.82%. Looking back a year, Sommelier has changed by 0.01265 EDGE. That means that in a single year, the value of Sommelier has shrank by 150.01%.
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.
Definitive Market Stats
Definitive is an advanced trading platform that offers a CeFi-like experience on DeFi rails via a non-custodial platform & API that is live across Solana, Base and other major EVM chains. EDGE is the utility token for the Definitive platform. Users can stake EDGE to unlock trading fee discounts and enhanced platform capabilities.
Conversion tables
SOMM to EDGE values from Today at 11:16 am
0.5 SOMM = 0.002529 EDGE |
1 SOMM = 0.005059 EDGE |
5 SOMM = 0.02529 EDGE |
10 SOMM = 0.05059 EDGE |
50 SOMM = 0.2529 EDGE |
100 SOMM = 0.5059 EDGE |
500 SOMM = 2.53 EDGE |
1,000 SOMM = 5.06 EDGE |
EDGE to SOMM values from Today at 11:18 am
0.5 EDGE = 98.84 SOMM |
1 EDGE = 197.68 SOMM |
5 EDGE = 988.40 SOMM |
10 EDGE = 1,976.80 SOMM |
50 EDGE = 9,884.00 SOMM |
100 EDGE = 19,767.99 SOMM |
500 EDGE = 98,839.97 SOMM |
1,000 EDGE = 197,679.95 SOMM |
SOMM to EDGE over time
SOMM | Today | 24H -14.76% | 1M 46.82% | 1Y -150.01% |
|---|---|---|---|---|
0.5 SOMM | 0.002529 EDGE | 0.002903 EDGE | 0.001345 EDGE | 0.006324 EDGE |
1 SOMM | 0.005059 EDGE | 0.005806 EDGE | 0.00269 EDGE | 0.01265 EDGE |
5 SOMM | 0.02529 EDGE | 0.02903 EDGE | 0.01345 EDGE | 0.06324 EDGE |
10 SOMM | 0.05059 EDGE | 0.05806 EDGE | 0.0269 EDGE | 0.1265 EDGE |
50 SOMM | 0.2529 EDGE | 0.2903 EDGE | 0.1345 EDGE | 0.6324 EDGE |
100 SOMM | 0.5059 EDGE | 0.5806 EDGE | 0.269 EDGE | 1.26 EDGE |
500 SOMM | 2.53 EDGE | 2.90 EDGE | 1.35 EDGE | 6.32 EDGE |
1,000 SOMM | 5.06 EDGE | 5.81 EDGE | 2.69 EDGE | 12.65 EDGE |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0003495.
Based on the current rate, you could get 2,861.61 SOMM for 1 USD.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 14,308.04 SOMM. Inversely, 5 SOMM will cost about $0.001747
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 Milo Inu, Bitget Wallet Token, and HYBUX. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
Buy Sommelier with Coinbase
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.