Convert Sommelier SOMM to Solomon Islands Dollar SBD

SOMM to SBD: 1 Sommelier converts to SBD 0.003468 SBD as of June 7 at 2:02 PM

SBD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is SBD 0.003468 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SBD 1,293,660.71. The amount of Sommelier traded has fallen by -SBD 255.07 in the last 24 hours, which is a 87.41% decrease. Additionally, in the last day, SBD 291.82 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is SBD 0.003468 SBD. In other words, to buy 5 Sommelier, it would cost you SBD 0.01734 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 288.35 SOMM while SBD 50.00 SBD would convert to 14,417.47 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.72%. Meanwhile, in the last 24 hours, the rate has changed by 9.49%, which means that the highest exchange rate of 1 SOMM to SBD was SBD 0.003752 SBD and the lowest 24 hour value was 1 SOMM for SBD 0.003151 SBD. Last month, 1 SOMM was worth SBD 0.004021 SBD. Today, it's down 14.08%. Looking back a year, Sommelier has changed by SBD 0.01034 SBD. That means that in a single year, the value of Sommelier has shrank by 65.2%.

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.

SBD 0.003468Price
SBD 1.29MMarket cap
SBD 291.82Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to SBD values from Today at 2:02 pm

0.5 SOMM = SBD 0.001734 SBD
1 SOMM = SBD 0.003468 SBD
5 SOMM = SBD 0.01734 SBD
10 SOMM = SBD 0.03468 SBD
50 SOMM = SBD 0.1734 SBD
100 SOMM = SBD 0.3468 SBD
500 SOMM = SBD 1.73 SBD
1,000 SOMM = SBD 3.47 SBD

SBD to SOMM values from Today at 2:01 pm

SBD 0.50 SBD = 144.17 SOMM
SBD 1.00 SBD = 288.35 SOMM
SBD 5.00 SBD = 1,441.75 SOMM
SBD 10.00 SBD = 2,883.49 SOMM
SBD 50.00 SBD = 14,417.47 SOMM
SBD 100.00 SBD = 28,834.93 SOMM
SBD 500.00 SBD = 144,174.65 SOMM
SBD 1,000.00 SBD = 288,349.30 SOMM

SOMM to SBD over time

SOMM
Today
24H
63.50%
1M
53.65%
1Y
-19.22%
0.5 SOMM
SBD 0.001734 SBD
SBD 0.001583 SBD
SBD 0.002011 SBD
SBD 0.005171 SBD
1 SOMM
SBD 0.003468 SBD
SBD 0.003167 SBD
SBD 0.004021 SBD
SBD 0.01034 SBD
5 SOMM
SBD 0.01734 SBD
SBD 0.01583 SBD
SBD 0.02011 SBD
SBD 0.05171 SBD
10 SOMM
SBD 0.03468 SBD
SBD 0.03167 SBD
SBD 0.04021 SBD
SBD 0.1034 SBD
50 SOMM
SBD 0.1734 SBD
SBD 0.1583 SBD
SBD 0.2011 SBD
SBD 0.5171 SBD
100 SOMM
SBD 0.3468 SBD
SBD 0.3167 SBD
SBD 0.4021 SBD
SBD 1.03 SBD
500 SOMM
SBD 1.73 SBD
SBD 1.58 SBD
SBD 2.01 SBD
SBD 5.17 SBD
1,000 SOMM
SBD 3.47 SBD
SBD 3.17 SBD
SBD 4.02 SBD
SBD 10.34 SBD

Frequently asked questions

Right now, 1 Sommelier is worth about SBD 0.003468.

Based on the current rate, you could get 288.35 SOMM for 1 SBD.

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 SBD calculator at the top of this page to convert any amount of SOMM to SBD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SBD is equivalent to 1,441.75 SOMM. Inversely, 5 SOMM will cost about SBD 0.01734

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 Bored Candy City, Mystic Land Coin, and BLUE BUTT CHEESE. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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