Convert Sommelier SOMM to Solomon Islands Dollar SBD

SOMM to SBD: 1 Sommelier converts to SBD 0.002373 SBD as of July 28 at 9:26 PM

SBD
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is SBD 0.002373 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SBD 876,212.10. The amount of Sommelier traded has fallen by SBD 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, SBD 113.15 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is SBD 0.002373 SBD. In other words, to buy 5 Sommelier, it would cost you SBD 0.011863 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 421.49 SOMM while SBD 50.00 SBD would convert to 21,074.41 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 14.11%. Meanwhile, in the last 24 hours, the rate has changed by 1.68%, and that the highest exchange rate of 1 SOMM to SBD was SBD 0.002418 SBD and the lowest 24 hour value was 1 SOMM for SBD 0.002346 SBD. Last month, 1 SOMM was worth SBD 0.003831 SBD. Today, it's down 38.16%. Looking back a year, Sommelier has changed by SBD 0.008447 SBD. That means that in a single year, the value of Sommelier has shrank by 71.29%.

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 0.002373Price
SBD 876.21KMarket cap
SBD 113.15Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to SBD values from Today at 9:26 pm

0.5 SOMM = SBD 0.001186 SBD
1 SOMM = SBD 0.002373 SBD
5 SOMM = SBD 0.01186 SBD
10 SOMM = SBD 0.02373 SBD
50 SOMM = SBD 0.1186 SBD
100 SOMM = SBD 0.2373 SBD
500 SOMM = SBD 1.19 SBD
1,000 SOMM = SBD 2.37 SBD

SBD to SOMM values from Today at 9:29 pm

SBD 0.50 SBD = 210.74 SOMM
SBD 1.00 SBD = 421.49 SOMM
SBD 5.00 SBD = 2,107.44 SOMM
SBD 10.00 SBD = 4,214.88 SOMM
SBD 50.00 SBD = 21,074.41 SOMM
SBD 100.00 SBD = 42,148.83 SOMM
SBD 500.00 SBD = 210,744.14 SOMM
SBD 1,000.00 SBD = 421,488.28 SOMM

SOMM to SBD over time

SOMM
Today
24H
62.35%
1M
40.35%
1Y
-31.53%
0.5 SOMM
SBD 0.001186 SBD
SBD 0.001209 SBD
SBD 0.001915 SBD
SBD 0.004223 SBD
1 SOMM
SBD 0.002373 SBD
SBD 0.002418 SBD
SBD 0.003831 SBD
SBD 0.008447 SBD
5 SOMM
SBD 0.01186 SBD
SBD 0.01209 SBD
SBD 0.01915 SBD
SBD 0.04223 SBD
10 SOMM
SBD 0.02373 SBD
SBD 0.02418 SBD
SBD 0.03831 SBD
SBD 0.08447 SBD
50 SOMM
SBD 0.1186 SBD
SBD 0.1209 SBD
SBD 0.1915 SBD
SBD 0.4223 SBD
100 SOMM
SBD 0.2373 SBD
SBD 0.2418 SBD
SBD 0.3831 SBD
SBD 0.8447 SBD
500 SOMM
SBD 1.19 SBD
SBD 1.21 SBD
SBD 1.92 SBD
SBD 4.22 SBD
1,000 SOMM
SBD 2.37 SBD
SBD 2.42 SBD
SBD 3.83 SBD
SBD 8.45 SBD

Frequently asked questions

Right now, 1 Sommelier is worth about SBD 0.002373.

Based on the current rate, you could get 421.49 SOMM for 1 SBD.

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 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 2,107.44 SOMM. Inversely, 5 SOMM will cost about SBD 0.01186

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 Stargaze, OFFICIAL ZUNO, and Schrodinger. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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