Convert Sommelier SOMM to Guyanese Dollar GYD
SOMM to GYD: 1 Sommelier converts to GYD 0.1104 GYD as of July 4 at 2:01 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is GYD 0.1104 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of GYD 41,362,892.08. The amount of Sommelier traded has fallen by -GYD 3,862.23 in the last 24 hours, which is a 53.42% decrease. Additionally, in the last day, GYD 7,229.32 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is GYD 0.1104 GYD. In other words, to buy 5 Sommelier, it would cost you GYD 0.5519 GYD. Inversely, GYD 1.00 GYD would allow you to trade for 9.06 SOMM while GYD 50.00 GYD would convert to 452.95 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.71%. Meanwhile, in the last 24 hours, the rate has changed by 3.51%, which means that the highest exchange rate of 1 SOMM to GYD was GYD 0.1156 GYD and the lowest 24 hour value was 1 SOMM for GYD 0.1103 GYD. Last month, 1 SOMM was worth GYD 0.08607 GYD. Today, it's up 28.13%. Looking back a year, Sommelier has changed by GYD 0.2085 GYD. That means that in a single year, the value of Sommelier has shrank by 47.08%.
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 GYD values from Today at 2:01 pm
0.5 SOMM = GYD 0.05519 GYD |
1 SOMM = GYD 0.1104 GYD |
5 SOMM = GYD 0.5519 GYD |
10 SOMM = GYD 1.10 GYD |
50 SOMM = GYD 5.52 GYD |
100 SOMM = GYD 11.04 GYD |
500 SOMM = GYD 55.19 GYD |
1,000 SOMM = GYD 110.39 GYD |
GYD to SOMM values from Today at
GYD 0.50 GYD = 4.53 SOMM |
GYD 1.00 GYD = 9.06 SOMM |
GYD 5.00 GYD = 45.29 SOMM |
GYD 10.00 GYD = 90.59 SOMM |
GYD 50.00 GYD = 452.95 SOMM |
GYD 100.00 GYD = 905.89 SOMM |
GYD 500.00 GYD = 4,529.46 SOMM |
GYD 1,000.00 GYD = 9,058.91 SOMM |
SOMM to GYD over time
SOMM | Today | 24H -1.26% | 1M 22.03% | 1Y -88.88% |
|---|---|---|---|---|
0.5 SOMM | GYD 0.05519 GYD | GYD 0.05589 GYD | GYD 0.04303 GYD | GYD 0.1043 GYD |
1 SOMM | GYD 0.1104 GYD | GYD 0.1118 GYD | GYD 0.08607 GYD | GYD 0.2085 GYD |
5 SOMM | GYD 0.5519 GYD | GYD 0.5589 GYD | GYD 0.4303 GYD | GYD 1.04 GYD |
10 SOMM | GYD 1.10 GYD | GYD 1.12 GYD | GYD 0.8607 GYD | GYD 2.09 GYD |
50 SOMM | GYD 5.52 GYD | GYD 5.59 GYD | GYD 4.30 GYD | GYD 10.43 GYD |
100 SOMM | GYD 11.04 GYD | GYD 11.18 GYD | GYD 8.61 GYD | GYD 20.85 GYD |
500 SOMM | GYD 55.19 GYD | GYD 55.89 GYD | GYD 43.03 GYD | GYD 104.25 GYD |
1,000 SOMM | GYD 110.39 GYD | GYD 111.78 GYD | GYD 86.07 GYD | GYD 208.50 GYD |
Frequently asked questions
Right now, 1 Sommelier is worth about GYD 0.1104.
Based on the current rate, you could get 9.06 SOMM for 1 GYD.
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 GYD calculator at the top of this page to convert any amount of SOMM to GYD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GYD is equivalent to 45.29 SOMM. Inversely, 5 SOMM will cost about GYD 0.5519
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 Snoopy, Metaverse Convergence, and Sneed. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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