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About SOMM and OP
Sommelier is climbing, while Optimism is falling this week. The current SOMM to OP conversion rate is 0.003983. Inversely, this means that if you convert 1 OP you will get 251.05 SOMM. The conversion rate of SOMM/OP has increased by 0.02% in the last hour (OP/SOMM decreased by 0.02%). In the last 24 hours, SOMM/OP grew by 5.96%, while OP/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.003983 OP. In other words, to buy 5 Sommelier, it would cost you 0.019916 OP. Inversely, 1 OP would allow you to trade for 251.05 SOMM while 50 OP would convert to 12,552.64 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.62%. Meanwhile, in the last 24 hours, the rate has changed by 5.68%, which means that the highest exchange rate of 1 SOMM to OP was 0.00399 OP and the lowest 24 hour value was 1 SOMM for 0.003757 OP. Last month, 1 SOMM was worth 0.002708 OP. Today, it's up 32.02%. Looking back a year, Sommelier has changed by 0.00174 OP. That means that in a single year, the value of Sommelier has grown by 56.32%.
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.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
Conversion tables
SOMM to OP values from Today at 9:18 pm
0.5 SOMM = 0.001992 OP |
1 SOMM = 0.003983 OP |
5 SOMM = 0.01992 OP |
10 SOMM = 0.03983 OP |
50 SOMM = 0.1992 OP |
100 SOMM = 0.3983 OP |
500 SOMM = 1.99 OP |
1,000 SOMM = 3.98 OP |
OP to SOMM values from Today at 9:20 pm
0.5 OP = 125.53 SOMM |
1 OP = 251.05 SOMM |
5 OP = 1,255.26 SOMM |
10 OP = 2,510.53 SOMM |
50 OP = 12,552.64 SOMM |
100 OP = 25,105.29 SOMM |
500 OP = 125,526.44 SOMM |
1,000 OP = 251,052.88 SOMM |
SOMM to OP over time
SOMM | Today | 24H 5.68% | 1M 32.02% | 1Y 56.32% |
|---|---|---|---|---|
0.5 SOMM | 0.001992 OP | 0.001879 OP | 0.001354 OP | 0.0008699 OP |
1 SOMM | 0.003983 OP | 0.003757 OP | 0.002708 OP | 0.00174 OP |
5 SOMM | 0.01992 OP | 0.01879 OP | 0.01354 OP | 0.008699 OP |
10 SOMM | 0.03983 OP | 0.03757 OP | 0.02708 OP | 0.0174 OP |
50 SOMM | 0.1992 OP | 0.1879 OP | 0.1354 OP | 0.08699 OP |
100 SOMM | 0.3983 OP | 0.3757 OP | 0.2708 OP | 0.174 OP |
500 SOMM | 1.99 OP | 1.88 OP | 1.35 OP | 0.8699 OP |
1,000 SOMM | 3.98 OP | 3.76 OP | 2.71 OP | 1.74 OP |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0003445.
Based on the current rate, you could get 2,902.35 SOMM for 1 USD.
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 increased. 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 14,511.73 SOMM. Inversely, 5 SOMM will cost about $0.001723
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, MetaSwap, 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.



