Convert Sommelier SOMM to Namibian Dollar NAD

SOMM to NAD: 1 Sommelier converts to NAD 0.005519 NAD as of July 20 at 10:34 AM

NAD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is NAD 0.005519 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NAD 2,046,841.97. The amount of Sommelier traded has fallen by -NAD 75.35 in the last 24 hours, which is a 90.77% decrease. Additionally, in the last day, NAD 83.02 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is NAD 0.005519 NAD. In other words, to buy 5 Sommelier, it would cost you NAD 0.027593 NAD. Inversely, NAD 1.00 NAD would allow you to trade for 181.21 SOMM while NAD 50.00 NAD would convert to 9,060.26 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 5.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, and that the highest exchange rate of 1 SOMM to NAD was NAD 0.00559 NAD and the lowest 24 hour value was 1 SOMM for NAD 0.005475 NAD. Last month, 1 SOMM was worth NAD 0.008967 NAD. Today, it's down 39.5%. Looking back a year, Sommelier has changed by NAD 0.01915 NAD. That means that in a single year, the value of Sommelier has shrank by 69.15%.

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.

NAD 0.005519Price
NAD 2.05MMarket cap
NAD 83.02Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to NAD values from Today at 10:34 am

0.5 SOMM = NAD 0.002759 NAD
1 SOMM = NAD 0.005519 NAD
5 SOMM = NAD 0.02759 NAD
10 SOMM = NAD 0.05519 NAD
50 SOMM = NAD 0.2759 NAD
100 SOMM = NAD 0.5519 NAD
500 SOMM = NAD 2.76 NAD
1,000 SOMM = NAD 5.52 NAD

NAD to SOMM values from Today at

NAD 0.50 NAD = 90.60 SOMM
NAD 1.00 NAD = 181.21 SOMM
NAD 5.00 NAD = 906.03 SOMM
NAD 10.00 NAD = 1,812.05 SOMM
NAD 50.00 NAD = 9,060.26 SOMM
NAD 100.00 NAD = 18,120.52 SOMM
NAD 500.00 NAD = 90,602.61 SOMM
NAD 1,000.00 NAD = 181,205.22 SOMM

SOMM to NAD over time

SOMM
Today
24H
0.32%
1M
-62.48%
1Y
-246.93%
0.5 SOMM
NAD 0.002759 NAD
NAD 0.00275 NAD
NAD 0.004483 NAD
NAD 0.009573 NAD
1 SOMM
NAD 0.005519 NAD
NAD 0.005501 NAD
NAD 0.008967 NAD
NAD 0.01915 NAD
5 SOMM
NAD 0.02759 NAD
NAD 0.0275 NAD
NAD 0.04483 NAD
NAD 0.09573 NAD
10 SOMM
NAD 0.05519 NAD
NAD 0.05501 NAD
NAD 0.08967 NAD
NAD 0.1915 NAD
50 SOMM
NAD 0.2759 NAD
NAD 0.275 NAD
NAD 0.4483 NAD
NAD 0.9573 NAD
100 SOMM
NAD 0.5519 NAD
NAD 0.5501 NAD
NAD 0.8967 NAD
NAD 1.91 NAD
500 SOMM
NAD 2.76 NAD
NAD 2.75 NAD
NAD 4.48 NAD
NAD 9.57 NAD
1,000 SOMM
NAD 5.52 NAD
NAD 5.50 NAD
NAD 8.97 NAD
NAD 19.15 NAD

Frequently asked questions

Right now, 1 Sommelier is worth about NAD 0.005519.

Based on the current rate, you could get 181.21 SOMM for 1 NAD.

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 NAD calculator at the top of this page to convert any amount of SOMM to NAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NAD is equivalent to 906.03 SOMM. Inversely, 5 SOMM will cost about NAD 0.02759

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

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