Convert Sommelier SOMM to Indian Rupee INR
SOMM to INR: 1 Sommelier converts to ₹0.03531 INR as of July 12 at 8:09 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is ₹0.03531 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₹12,947,702.79. The amount of Sommelier traded has risen by ₹119,309.96 in the last 24 hours, which is a 18,691.82% increase. Additionally, in the last day, ₹638.30 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ₹0.03531 INR. In other words, to buy 5 Sommelier, it would cost you ₹0.17657 INR. Inversely, ₹1.00 INR would allow you to trade for 28.32 SOMM while ₹50.00 INR would convert to 1,415.86 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.18%, and that the highest exchange rate of 1 SOMM to INR was ₹0.03492 INR and the lowest 24 hour value was 1 SOMM for ₹0.03431 INR. Last month, 1 SOMM was worth ₹0.05966 INR. Today, it's down 41.68%. Looking back a year, Sommelier has changed by ₹0.1314 INR. That means that in a single year, the value of Sommelier has shrank by 76.24%.
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 INR values from Today at 8:09 pm
0.5 SOMM = ₹0.01766 INR |
1 SOMM = ₹0.03531 INR |
5 SOMM = ₹0.1766 INR |
10 SOMM = ₹0.3531 INR |
50 SOMM = ₹1.77 INR |
100 SOMM = ₹3.53 INR |
500 SOMM = ₹17.66 INR |
1,000 SOMM = ₹35.31 INR |
INR to SOMM values from Today at
₹0.50 INR = 14.16 SOMM |
₹1.00 INR = 28.32 SOMM |
₹5.00 INR = 141.59 SOMM |
₹10.00 INR = 283.17 SOMM |
₹50.00 INR = 1,415.86 SOMM |
₹100.00 INR = 2,831.73 SOMM |
₹500.00 INR = 14,158.64 SOMM |
₹1,000.00 INR = 28,317.27 SOMM |
SOMM to INR over time
SOMM | Today | 24H 1.12% | 1M -68.93% | 1Y -272.07% |
|---|---|---|---|---|
0.5 SOMM | ₹0.01766 INR | ₹0.01746 INR | ₹0.02983 INR | ₹0.0657 INR |
1 SOMM | ₹0.03531 INR | ₹0.03492 INR | ₹0.05966 INR | ₹0.1314 INR |
5 SOMM | ₹0.1766 INR | ₹0.1746 INR | ₹0.2983 INR | ₹0.657 INR |
10 SOMM | ₹0.3531 INR | ₹0.3492 INR | ₹0.5966 INR | ₹1.31 INR |
50 SOMM | ₹1.77 INR | ₹1.75 INR | ₹2.98 INR | ₹6.57 INR |
100 SOMM | ₹3.53 INR | ₹3.49 INR | ₹5.97 INR | ₹13.14 INR |
500 SOMM | ₹17.66 INR | ₹17.46 INR | ₹29.83 INR | ₹65.70 INR |
1,000 SOMM | ₹35.31 INR | ₹34.92 INR | ₹59.66 INR | ₹131.40 INR |
Frequently asked questions
Right now, 1 Sommelier is worth about ₹0.03531.
Based on the current rate, you could get 28.32 SOMM for 1 INR.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 INR calculator at the top of this page to convert any amount of SOMM to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 141.59 SOMM. Inversely, 5 SOMM will cost about ₹0.1766
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 FintruX Network, Liquidus Foundation, and Baby Bitcoin. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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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.





