Convert Sommelier SOMM to THORChain RUNE
1 SOMM converts to 0.00126 RUNE
About SOMM and RUNE
Sommelier is climbing, while THORChain is falling this week. The current SOMM to RUNE conversion rate is 0.00126. Inversely, this means that if you convert 1 RUNE you will get 793.92 SOMM. The conversion rate of SOMM/RUNE has decreased by 0.26% in the last hour (RUNE/SOMM increased by 0.26%). In the last 24 hours, SOMM/RUNE grew by 2.75%, while RUNE/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.00126 RUNE. In other words, to buy 5 Sommelier, it would cost you 0.006298 RUNE. Inversely, 1 RUNE would allow you to trade for 793.92 SOMM while 50 RUNE would convert to 39,696.23 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.8%. Meanwhile, in the last 24 hours, the rate has changed by 2.73%, and that the highest exchange rate of 1 SOMM to RUNE was 0.001265 RUNE and the lowest 24 hour value was 1 SOMM for 0.001121 RUNE. Last month, 1 SOMM was worth 0.001203 RUNE. Today, it's up 4.49%. Looking back a year, Sommelier has changed by 0.0008639 RUNE. That means that in a single year, the value of Sommelier has grown by 31.41%.
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.
THORChain Market Stats
Conversion tables
SOMM to RUNE values from Today at 4:59 am
0.5 SOMM = 0.0006298 RUNE |
1 SOMM = 0.00126 RUNE |
5 SOMM = 0.006298 RUNE |
10 SOMM = 0.0126 RUNE |
50 SOMM = 0.06298 RUNE |
100 SOMM = 0.126 RUNE |
500 SOMM = 0.6298 RUNE |
1,000 SOMM = 1.26 RUNE |
RUNE to SOMM values from Today at 4:59 am
0.5 RUNE = 396.96 SOMM |
1 RUNE = 793.92 SOMM |
5 RUNE = 3,969.62 SOMM |
10 RUNE = 7,939.25 SOMM |
50 RUNE = 39,696.23 SOMM |
100 RUNE = 79,392.46 SOMM |
500 RUNE = 396,962.31 SOMM |
1,000 RUNE = 793,924.61 SOMM |
SOMM to RUNE over time
SOMM | Today | 24H 2.73% | 1M 4.49% | 1Y 31.41% |
|---|---|---|---|---|
0.5 SOMM | 0.0006298 RUNE | 0.0006126 RUNE | 0.0006015 RUNE | 0.0004319 RUNE |
1 SOMM | 0.00126 RUNE | 0.001225 RUNE | 0.001203 RUNE | 0.0008639 RUNE |
5 SOMM | 0.006298 RUNE | 0.006126 RUNE | 0.006015 RUNE | 0.004319 RUNE |
10 SOMM | 0.0126 RUNE | 0.01225 RUNE | 0.01203 RUNE | 0.008639 RUNE |
50 SOMM | 0.06298 RUNE | 0.06126 RUNE | 0.06015 RUNE | 0.04319 RUNE |
100 SOMM | 0.126 RUNE | 0.1225 RUNE | 0.1203 RUNE | 0.08639 RUNE |
500 SOMM | 0.6298 RUNE | 0.6126 RUNE | 0.6015 RUNE | 0.4319 RUNE |
1,000 SOMM | 1.26 RUNE | 1.23 RUNE | 1.20 RUNE | 0.8639 RUNE |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0004964.
Based on the current rate, you could get 2,014.57 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 10,072.84 SOMM. Inversely, 5 SOMM will cost about $0.002482
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 QoWatt, Digitra.com Token, and GenieSwap. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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