Convert Sommelier SOMM to Saint Helenian Pound SHP

SOMM to SHP: 1 Sommelier converts to SHP 0.0002542 SHP as of July 21 at 8:20 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is SHP 0.0002542 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SHP 96,189.14. The amount of Sommelier traded has fallen by SHP 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, SHP 40.59 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is SHP 0.0002542 SHP. In other words, to buy 5 Sommelier, it would cost you SHP 0.0012708 SHP. Inversely, SHP 1.00 SHP would allow you to trade for 3,934.63 SOMM while SHP 50.00 SHP would convert to 196,731.74 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.14%. Meanwhile, in the last 24 hours, the rate has changed by 2.7%, which means that the highest exchange rate of 1 SOMM to SHP was SHP 0.0002543 SHP and the lowest 24 hour value was 1 SOMM for SHP 0.000247 SHP. Last month, 1 SOMM was worth SHP 0.0004063 SHP. Today, it's down 36.62%. Looking back a year, Sommelier has changed by SHP 0.0007509 SHP. That means that in a single year, the value of Sommelier has shrank by 66.34%.

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.

SHP 0.0002542Price
SHP 96.19KMarket cap
SHP 40.59Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to SHP values from Today at 8:20 am

0.5 SOMM = SHP 0.0001271 SHP
1 SOMM = SHP 0.0002542 SHP
5 SOMM = SHP 0.001271 SHP
10 SOMM = SHP 0.002542 SHP
50 SOMM = SHP 0.01271 SHP
100 SOMM = SHP 0.02542 SHP
500 SOMM = SHP 0.1271 SHP
1,000 SOMM = SHP 0.2542 SHP

SHP to SOMM values from Today at

SHP 0.50 SHP = 1,967.32 SOMM
SHP 1.00 SHP = 3,934.63 SOMM
SHP 5.00 SHP = 19,673.17 SOMM
SHP 10.00 SHP = 39,346.35 SOMM
SHP 50.00 SHP = 196,731.74 SOMM
SHP 100.00 SHP = 393,463.48 SOMM
SHP 500.00 SHP = 1,967,317.42 SOMM
SHP 1,000.00 SHP = 3,934,634.84 SOMM

SOMM to SHP over time

SOMM
Today
24H
2.82%
1M
-59.86%
1Y
-195.47%
0.5 SOMM
SHP 0.0001271 SHP
SHP 0.0001235 SHP
SHP 0.0002031 SHP
SHP 0.0003755 SHP
1 SOMM
SHP 0.0002542 SHP
SHP 0.000247 SHP
SHP 0.0004063 SHP
SHP 0.0007509 SHP
5 SOMM
SHP 0.001271 SHP
SHP 0.001235 SHP
SHP 0.002031 SHP
SHP 0.003755 SHP
10 SOMM
SHP 0.002542 SHP
SHP 0.00247 SHP
SHP 0.004063 SHP
SHP 0.007509 SHP
50 SOMM
SHP 0.01271 SHP
SHP 0.01235 SHP
SHP 0.02031 SHP
SHP 0.03755 SHP
100 SOMM
SHP 0.02542 SHP
SHP 0.0247 SHP
SHP 0.04063 SHP
SHP 0.07509 SHP
500 SOMM
SHP 0.1271 SHP
SHP 0.1235 SHP
SHP 0.2031 SHP
SHP 0.3755 SHP
1,000 SOMM
SHP 0.2542 SHP
SHP 0.247 SHP
SHP 0.4063 SHP
SHP 0.7509 SHP

Frequently asked questions

Right now, 1 Sommelier is worth about SHP 0.0002542.

Based on the current rate, you could get 3,934.63 SOMM for 1 SHP.

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 SHP calculator at the top of this page to convert any amount of SOMM to SHP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SHP is equivalent to 19,673.17 SOMM. Inversely, 5 SOMM will cost about SHP 0.001271

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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