About SOMM and LUNA
Sommelier is falling, while Terra is climbing this week. The current SOMM to LUNA conversion rate is 0.006689. Inversely, this means that if you convert 1 LUNA you will get 149.50 SOMM. The conversion rate of SOMM/LUNA has decreased by 0.19% in the last hour (LUNA/SOMM increased by 0.19%). In the last 24 hours, SOMM/LUNA shrunk by 14.35%, while LUNA/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.006689 LUNA. In other words, to buy 5 Sommelier, it would cost you 0.033444 LUNA. Inversely, 1 LUNA would allow you to trade for 149.50 SOMM while 50 LUNA would convert to 7,475.24 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.53%. Meanwhile, in the last 24 hours, the rate has changed by 14.62%, and that the highest exchange rate of 1 SOMM to LUNA was 0.007939 LUNA and the lowest 24 hour value was 1 SOMM for 0.006637 LUNA. Last month, 1 SOMM was worth 0.01007 LUNA. Today, it's down 50.59%. Looking back a year, Sommelier has changed by 0.006054 LUNA. That means that in a single year, the value of Sommelier has grown by 9.48%.
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.
Terra Market Stats
Conversion tables
SOMM to LUNA values from Today at 2:18 pm
0.5 SOMM = 0.003344 LUNA |
1 SOMM = 0.006689 LUNA |
5 SOMM = 0.03344 LUNA |
10 SOMM = 0.06689 LUNA |
50 SOMM = 0.3344 LUNA |
100 SOMM = 0.6689 LUNA |
500 SOMM = 3.34 LUNA |
1,000 SOMM = 6.69 LUNA |
LUNA to SOMM values from Today at 2:17 pm
0.5 LUNA = 74.75 SOMM |
1 LUNA = 149.50 SOMM |
5 LUNA = 747.52 SOMM |
10 LUNA = 1,495.05 SOMM |
50 LUNA = 7,475.24 SOMM |
100 LUNA = 14,950.47 SOMM |
500 LUNA = 74,752.37 SOMM |
1,000 LUNA = 149,504.74 SOMM |
SOMM to LUNA over time
SOMM | Today | 24H -14.62% | 1M -50.59% | 1Y 9.48% |
|---|---|---|---|---|
0.5 SOMM | 0.003344 LUNA | 0.003833 LUNA | 0.005036 LUNA | 0.003027 LUNA |
1 SOMM | 0.006689 LUNA | 0.007667 LUNA | 0.01007 LUNA | 0.006054 LUNA |
5 SOMM | 0.03344 LUNA | 0.03833 LUNA | 0.05036 LUNA | 0.03027 LUNA |
10 SOMM | 0.06689 LUNA | 0.07667 LUNA | 0.1007 LUNA | 0.06054 LUNA |
50 SOMM | 0.3344 LUNA | 0.3833 LUNA | 0.5036 LUNA | 0.3027 LUNA |
100 SOMM | 0.6689 LUNA | 0.7667 LUNA | 1.01 LUNA | 0.6054 LUNA |
500 SOMM | 3.34 LUNA | 3.83 LUNA | 5.04 LUNA | 3.03 LUNA |
1,000 SOMM | 6.69 LUNA | 7.67 LUNA | 10.07 LUNA | 6.05 LUNA |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0003186.
Based on the current rate, you could get 3,138.78 SOMM for 1 USD.
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 USD calculator at the top of this page to convert any amount of SOMM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 15,693.92 SOMM. Inversely, 5 SOMM will cost about $0.001593
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, Web3 Doge, and Bullit. 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.



