Convert Sommelier SOMM to Israeli New Sheqel ILS

SOMM to ILS: 1 Sommelier converts to ₪0.001224 ILS as of June 6 at 4:41 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₪0.001224 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪463,019.88. The amount of Sommelier traded has fallen by -₪556.99 in the last 24 hours, which is a 64.04% decrease. Additionally, in the last day, ₪869.76 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001224 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.006119 ILS. Inversely, ₪1.00 ILS would allow you to trade for 817.18 SOMM while ₪50.00 ILS would convert to 40,858.94 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.17%. Meanwhile, in the last 24 hours, the rate has changed by 37.73%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.001485 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0009021 ILS. Last month, 1 SOMM was worth ₪0.001304 ILS. Today, it's down 5.94%. Looking back a year, Sommelier has changed by ₪0.003486 ILS. That means that in a single year, the value of Sommelier has shrank by 57.94%.

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.

₪0.001224Price
₪463.02KMarket cap
₪869.76Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to ILS values from Today at 4:41 am

0.5 SOMM = ₪0.0006119 ILS
1 SOMM = ₪0.001224 ILS
5 SOMM = ₪0.006119 ILS
10 SOMM = ₪0.01224 ILS
50 SOMM = ₪0.06119 ILS
100 SOMM = ₪0.1224 ILS
500 SOMM = ₪0.6119 ILS
1,000 SOMM = ₪1.22 ILS

ILS to SOMM values from Today at

₪0.50 ILS = 408.59 SOMM
₪1.00 ILS = 817.18 SOMM
₪5.00 ILS = 4,085.89 SOMM
₪10.00 ILS = 8,171.79 SOMM
₪50.00 ILS = 40,858.94 SOMM
₪100.00 ILS = 81,717.88 SOMM
₪500.00 ILS = 408,589.40 SOMM
₪1,000.00 ILS = 817,178.79 SOMM

SOMM to ILS over time

SOMM
Today
24H
19.96%
1M
-6.53%
1Y
-184.85%
0.5 SOMM
₪0.0006119 ILS
₪0.0004897 ILS
₪0.0006518 ILS
₪0.001743 ILS
1 SOMM
₪0.001224 ILS
₪0.0009795 ILS
₪0.001304 ILS
₪0.003486 ILS
5 SOMM
₪0.006119 ILS
₪0.004897 ILS
₪0.006518 ILS
₪0.01743 ILS
10 SOMM
₪0.01224 ILS
₪0.009795 ILS
₪0.01304 ILS
₪0.03486 ILS
50 SOMM
₪0.06119 ILS
₪0.04897 ILS
₪0.06518 ILS
₪0.1743 ILS
100 SOMM
₪0.1224 ILS
₪0.09795 ILS
₪0.1304 ILS
₪0.3486 ILS
500 SOMM
₪0.6119 ILS
₪0.4897 ILS
₪0.6518 ILS
₪1.74 ILS
1,000 SOMM
₪1.22 ILS
₪0.9795 ILS
₪1.30 ILS
₪3.49 ILS

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.001224.

Based on the current rate, you could get 817.18 SOMM for 1 ILS.

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 ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 4,085.89 SOMM. Inversely, 5 SOMM will cost about ₪0.006119

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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