Convert Sommelier SOMM to Treehouse TREE
SOMM to TREE: 1 Sommelier converts to 0.007693 TREE
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About SOMM and TREE
Sommelier is climbing, while Treehouse is falling this week. The current SOMM to TREE conversion rate is 0.007693. Inversely, this means that if you convert 1 TREE you will get 130.00 SOMM. The conversion rate of SOMM/TREE has decreased by 1.41% in the last hour (TREE/SOMM increased by 1.41%). In the last 24 hours, SOMM/TREE grew by 2.01%, while TREE/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.007693 TREE. In other words, to buy 5 Sommelier, it would cost you 0.038463 TREE. Inversely, 1 TREE would allow you to trade for 130.00 SOMM while 50 TREE would convert to 6,499.78 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.01%. Meanwhile, in the last 24 hours, the rate has changed by 2.1%, and that the highest exchange rate of 1 SOMM to TREE was 0.007828 TREE and the lowest 24 hour value was 1 SOMM for 0.007435 TREE. Last month, 1 SOMM was worth 0.01125 TREE. Today, it's down 46.23%. Looking back a year, Sommelier has changed by 0.0008469 TREE. That means that in a single year, the value of Sommelier has grown by 88.99%.
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.
Treehouse Market Stats
Treehouse Finance is a decentralized finance (DeFi) platform focused on creating a fixed income layer for digital assets. It aims to solve significant market inefficiencies in crypto fixed income by introducing benchmark interest rates and yield optimization tools, bridging traditional finance concepts with DeFi innovation. Its core offerings include Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR), which unify fragmented interest rates across DeFi platforms and enable institutional-grade yield strategies.
Conversion tables
SOMM to TREE values from Today at 5:03 pm
0.5 SOMM = 0.003846 TREE |
1 SOMM = 0.007693 TREE |
5 SOMM = 0.03846 TREE |
10 SOMM = 0.07693 TREE |
50 SOMM = 0.3846 TREE |
100 SOMM = 0.7693 TREE |
500 SOMM = 3.85 TREE |
1,000 SOMM = 7.69 TREE |
TREE to SOMM values from Today at 5:06 pm
0.5 TREE = 65.00 SOMM |
1 TREE = 130.00 SOMM |
5 TREE = 649.98 SOMM |
10 TREE = 1,299.96 SOMM |
50 TREE = 6,499.78 SOMM |
100 TREE = 12,999.57 SOMM |
500 TREE = 64,997.85 SOMM |
1,000 TREE = 129,995.70 SOMM |
SOMM to TREE over time
SOMM | Today | 24H 2.10% | 1M -46.23% | 1Y 88.99% |
|---|---|---|---|---|
0.5 SOMM | 0.003846 TREE | 0.003765 TREE | 0.005624 TREE | 0.0004235 TREE |
1 SOMM | 0.007693 TREE | 0.007531 TREE | 0.01125 TREE | 0.0008469 TREE |
5 SOMM | 0.03846 TREE | 0.03765 TREE | 0.05624 TREE | 0.004235 TREE |
10 SOMM | 0.07693 TREE | 0.07531 TREE | 0.1125 TREE | 0.008469 TREE |
50 SOMM | 0.3846 TREE | 0.3765 TREE | 0.5624 TREE | 0.04235 TREE |
100 SOMM | 0.7693 TREE | 0.7531 TREE | 1.12 TREE | 0.08469 TREE |
500 SOMM | 3.85 TREE | 3.77 TREE | 5.62 TREE | 0.4235 TREE |
1,000 SOMM | 7.69 TREE | 7.53 TREE | 11.25 TREE | 0.8469 TREE |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0002931.
Based on the current rate, you could get 3,411.96 SOMM for 1 USD.
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 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 17,059.80 SOMM. Inversely, 5 SOMM will cost about $0.001465
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 Sunny Side up, Envision, and Envision. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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