Convert Sommelier SOMM to Hong Kong Dollar HKD

SOMM to HKD: 1 Sommelier converts to HK$0.002636 HKD as of August 6 at 4:18 PM

HK$
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is HK$0.002636 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of HK$988,995.00. The amount of Sommelier traded has fallen by -HK$8.96 in the last 24 hours, which is a 79.86% decrease. Additionally, in the last day, HK$11.22 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is HK$0.002636 HKD. In other words, to buy 5 Sommelier, it would cost you HK$0.013179 HKD. Inversely, HK$1.00 HKD would allow you to trade for 379.38 SOMM while HK$50.00 HKD would convert to 18,969.20 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 15.34%. Meanwhile, in the last 24 hours, the rate has changed by 0.81%, which means that the highest exchange rate of 1 SOMM to HKD was HK$0.00265 HKD and the lowest 24 hour value was 1 SOMM for HK$0.002607 HKD. Last month, 1 SOMM was worth HK$0.00258 HKD. Today, it's down 17.29%. Looking back a year, Sommelier has changed by HK$0.009778 HKD. That means that in a single year, the value of Sommelier has shrank by 73.03%.

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.

HK$0.002636Price
HK$988.99KMarket cap
HK$11.22Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to HKD values from Today at 4:18 pm

0.5 SOMM = HK$0.001318 HKD
1 SOMM = HK$0.002636 HKD
5 SOMM = HK$0.01318 HKD
10 SOMM = HK$0.02636 HKD
50 SOMM = HK$0.1318 HKD
100 SOMM = HK$0.2636 HKD
500 SOMM = HK$1.32 HKD
1,000 SOMM = HK$2.64 HKD

HKD to SOMM values from Today at 4:21 pm

HK$0.50 HKD = 189.69 SOMM
HK$1.00 HKD = 379.38 SOMM
HK$5.00 HKD = 1,896.92 SOMM
HK$10.00 HKD = 3,793.84 SOMM
HK$50.00 HKD = 18,969.20 SOMM
HK$100.00 HKD = 37,938.40 SOMM
HK$500.00 HKD = 189,692.00 SOMM
HK$1,000.00 HKD = 379,384.00 SOMM

SOMM to HKD over time

SOMM
Today
24H
99.92%
1M
99.92%
1Y
99.69%
0.5 SOMM
HK$0.001318 HKD
HK$0.001307 HKD
HK$0.00129 HKD
HK$0.004889 HKD
1 SOMM
HK$0.002636 HKD
HK$0.002614 HKD
HK$0.00258 HKD
HK$0.009778 HKD
5 SOMM
HK$0.01318 HKD
HK$0.01307 HKD
HK$0.0129 HKD
HK$0.04889 HKD
10 SOMM
HK$0.02636 HKD
HK$0.02614 HKD
HK$0.0258 HKD
HK$0.09778 HKD
50 SOMM
HK$0.1318 HKD
HK$0.1307 HKD
HK$0.129 HKD
HK$0.4889 HKD
100 SOMM
HK$0.2636 HKD
HK$0.2614 HKD
HK$0.258 HKD
HK$0.9778 HKD
500 SOMM
HK$1.32 HKD
HK$1.31 HKD
HK$1.29 HKD
HK$4.89 HKD
1,000 SOMM
HK$2.64 HKD
HK$2.61 HKD
HK$2.58 HKD
HK$9.78 HKD

Frequently asked questions

Right now, 1 Sommelier is worth about HK$0.002636.

Based on the current rate, you could get 379.38 SOMM for 1 HKD.

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 HKD calculator at the top of this page to convert any amount of SOMM to HKD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 HKD is equivalent to 1,896.92 SOMM. Inversely, 5 SOMM will cost about HK$0.01318

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, Lets Go Brandon, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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