Convert Sommelier SOMM to Lebanese Pound LBP

LBP

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is LBP 27.19 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of LBP 10,189,133,580.72. The amount of Sommelier traded has risen by LBP 220,357,588 in the last 24 hours, which is a 294.63% increase. Additionally, in the last day, LBP 74,790,775 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is LBP 27.19 LBP. In other words, to buy 5 Sommelier, it would cost you LBP 135.93 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.03678 SOMM while LBP 50 LBP would convert to 1.84 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 28.89%. Meanwhile, in the last 24 hours, the rate has changed by 15.09%, and that the highest exchange rate of 1 SOMM to LBP was LBP 49.82 LBP and the lowest 24 hour value was 1 SOMM for LBP 26.57 LBP. Last month, 1 SOMM was worth LBP 26.98 LBP. Today, it's up 0.46%. Looking back a year, Sommelier has changed by LBP 119.00 LBP. That means that in a single year, the value of Sommelier has shrank by 77.07%.

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.

LBP 27.19Price
LBP 10.19BMarket cap
LBP 74.79MVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to LBP values from Today at 12:49 am

0.5 SOMM = LBP 13.59 LBP
1 SOMM = LBP 27.19 LBP
5 SOMM = LBP 135.93 LBP
10 SOMM = LBP 271.86 LBP
50 SOMM = LBP 1,359.29 LBP
100 SOMM = LBP 2,718.58 LBP
500 SOMM = LBP 13,592.88 LBP
1,000 SOMM = LBP 27,185.76 LBP

LBP to SOMM values from Today at 12:51 am

LBP 1 LBP = 0.01839 SOMM
LBP 1 LBP = 0.03678 SOMM
LBP 5 LBP = 0.1839 SOMM
LBP 10 LBP = 0.3678 SOMM
LBP 50 LBP = 1.84 SOMM
LBP 100 LBP = 3.68 SOMM
LBP 500 LBP = 18.39 SOMM
LBP 1,000 LBP = 36.78 SOMM

SOMM to LBP over time

SOMM
Today
24H
-16.64%
1M
0.75%
1Y
-337.73%
0.5 SOMM
LBP 13.59 LBP
LBP 15.85 LBP
LBP 13.49 LBP
LBP 59.50 LBP
1 SOMM
LBP 27.19 LBP
LBP 31.71 LBP
LBP 26.98 LBP
LBP 119.00 LBP
5 SOMM
LBP 135.93 LBP
LBP 158.54 LBP
LBP 134.91 LBP
LBP 595.00 LBP
10 SOMM
LBP 271.86 LBP
LBP 317.09 LBP
LBP 269.82 LBP
LBP 1,190.01 LBP
50 SOMM
LBP 1,359.29 LBP
LBP 1,585.43 LBP
LBP 1,349.10 LBP
LBP 5,950.05 LBP
100 SOMM
LBP 2,718.58 LBP
LBP 3,170.87 LBP
LBP 2,698.19 LBP
LBP 11,900.09 LBP
500 SOMM
LBP 13,592.88 LBP
LBP 15,854.33 LBP
LBP 13,490.96 LBP
LBP 59,500.47 LBP
1,000 SOMM
LBP 27,185.76 LBP
LBP 31,708.66 LBP
LBP 26,981.92 LBP
LBP 119,000.94 LBP

Frequently asked questions

Right now, 1 Sommelier is worth about LBP 27.19.

Based on the current rate, you could get 0.03678 SOMM for 1 LBP.

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 LBP calculator at the top of this page to convert any amount of SOMM to LBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LBP is equivalent to 0.1839 SOMM. Inversely, 5 SOMM will cost about LBP 135.93

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 ideax, XOXNO, and Coinzix. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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