Convert Sommelier SOMM to Lebanese Pound LBP

SOMM to LBP: 1 Sommelier converts to LBP 33.19 LBP as of September 21 at 7:36 PM

LBP
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is LBP 33.19 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of LBP 12,438,059,919.27. The amount of Sommelier traded has risen by LBP 1,162,084 in the last 24 hours, which is a 51.07% increase. Additionally, in the last day, LBP 2,275,466 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is LBP 33.19 LBP. In other words, to buy 5 Sommelier, it would cost you LBP 165.93 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.03013 SOMM while LBP 50 LBP would convert to 1.51 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.73%. Meanwhile, in the last 24 hours, the rate has changed by 4.3%, which means that the highest exchange rate of 1 SOMM to LBP was LBP 35.38 LBP and the lowest 24 hour value was 1 SOMM for LBP 33.02 LBP. Last month, 1 SOMM was worth LBP 34.86 LBP. Today, it's down 4.89%. Looking back a year, Sommelier has changed by LBP 256.80 LBP. That means that in a single year, the value of Sommelier has shrank by 87.09%.

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 33.19Price
LBP 12.44BMarket cap
LBP 2.28MVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to LBP values from Today at 7:36 pm

0.5 SOMM = LBP 16.59 LBP
1 SOMM = LBP 33.19 LBP
5 SOMM = LBP 165.93 LBP
10 SOMM = LBP 331.86 LBP
50 SOMM = LBP 1,659.31 LBP
100 SOMM = LBP 3,318.61 LBP
500 SOMM = LBP 16,593.07 LBP
1,000 SOMM = LBP 33,186.15 LBP

LBP to SOMM values from Today at 7:37 pm

LBP 1 LBP = 0.01507 SOMM
LBP 1 LBP = 0.03013 SOMM
LBP 5 LBP = 0.1507 SOMM
LBP 10 LBP = 0.3013 SOMM
LBP 50 LBP = 1.51 SOMM
LBP 100 LBP = 3.01 SOMM
LBP 500 LBP = 15.07 SOMM
LBP 1,000 LBP = 30.13 SOMM

SOMM to LBP over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
99.98%
0.5 SOMM
LBP 16.59 LBP
LBP 17.30 LBP
LBP 17.43 LBP
LBP 128.40 LBP
1 SOMM
LBP 33.19 LBP
LBP 34.59 LBP
LBP 34.86 LBP
LBP 256.80 LBP
5 SOMM
LBP 165.93 LBP
LBP 172.97 LBP
LBP 174.29 LBP
LBP 1,283.99 LBP
10 SOMM
LBP 331.86 LBP
LBP 345.93 LBP
LBP 348.58 LBP
LBP 2,567.98 LBP
50 SOMM
LBP 1,659.31 LBP
LBP 1,729.67 LBP
LBP 1,742.88 LBP
LBP 12,839.92 LBP
100 SOMM
LBP 3,318.61 LBP
LBP 3,459.34 LBP
LBP 3,485.77 LBP
LBP 25,679.84 LBP
500 SOMM
LBP 16,593.07 LBP
LBP 17,296.72 LBP
LBP 17,428.83 LBP
LBP 128,399.21 LBP
1,000 SOMM
LBP 33,186.15 LBP
LBP 34,593.43 LBP
LBP 34,857.67 LBP
LBP 256,798.43 LBP

Frequently asked questions

Right now, 1 Sommelier is worth about LBP 33.19.
Based on the current rate, you could get 0.03013 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 decreased. 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 0.1507 SOMM. Inversely, 5 SOMM will cost about LBP 165.93
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 Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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