Convert Sommelier SOMM to Euro EUR
SOMM to EUR: 1 Sommelier converts to €0.0004737 EUR as of September 24 at 1:32 PM
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is €0.0004737 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of €177,554.89. The amount of Sommelier traded has risen by €1,550.65 in the last 24 hours, which is a 1,390.01% increase. Additionally, in the last day, €111.56 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is €0.0004737 EUR. In other words, to buy 5 Sommelier, it would cost you €0.0023686 EUR. Inversely, €1.00 EUR would allow you to trade for 2,110.95 SOMM while €50.00 EUR would convert to 105,547.46 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 40.36%. Meanwhile, in the last 24 hours, the rate has changed by 14.45%, which means that the highest exchange rate of 1 SOMM to EUR was €0.0004816 EUR and the lowest 24 hour value was 1 SOMM for €0.0003931 EUR. Last month, 1 SOMM was worth €0.0002956 EUR. Today, it's up 56.46%. Looking back a year, Sommelier has changed by €0.00265 EUR. That means that in a single year, the value of Sommelier has shrank by 82.66%.
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 EUR values from Today at 1:32 pm
0.5 SOMM = €0.0002369 EUR |
1 SOMM = €0.0004737 EUR |
5 SOMM = €0.002369 EUR |
10 SOMM = €0.004737 EUR |
50 SOMM = €0.02369 EUR |
100 SOMM = €0.04737 EUR |
500 SOMM = €0.2369 EUR |
1,000 SOMM = €0.4737 EUR |
EUR to SOMM values from Today at
€0.50 EUR = 1,055.47 SOMM |
€1.00 EUR = 2,110.95 SOMM |
€5.00 EUR = 10,554.75 SOMM |
€10.00 EUR = 21,109.49 SOMM |
€50.00 EUR = 105,547.46 SOMM |
€100.00 EUR = 211,094.92 SOMM |
€500.00 EUR = 1,055,474.62 SOMM |
€1,000.00 EUR = 2,110,949.24 SOMM |
SOMM to EUR over time
SOMM | Today | 24H 12.80% | 1M 37.60% | 1Y -459.38% |
|---|---|---|---|---|
0.5 SOMM | €0.0002369 EUR | €0.0002065 EUR | €0.0001478 EUR | €0.001325 EUR |
1 SOMM | €0.0004737 EUR | €0.0004131 EUR | €0.0002956 EUR | €0.00265 EUR |
5 SOMM | €0.002369 EUR | €0.002065 EUR | €0.001478 EUR | €0.01325 EUR |
10 SOMM | €0.004737 EUR | €0.004131 EUR | €0.002956 EUR | €0.0265 EUR |
50 SOMM | €0.02369 EUR | €0.02065 EUR | €0.01478 EUR | €0.1325 EUR |
100 SOMM | €0.04737 EUR | €0.04131 EUR | €0.02956 EUR | €0.265 EUR |
500 SOMM | €0.2369 EUR | €0.2065 EUR | €0.1478 EUR | €1.32 EUR |
1,000 SOMM | €0.4737 EUR | €0.4131 EUR | €0.2956 EUR | €2.65 EUR |
Frequently asked questions
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency 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.






