Convert Sommelier SOMM to New Taiwan Dollar TWD

SOMM to TWD: 1 Sommelier converts to NT$0.009722 TWD as of July 25 at 1:32 AM

NT$
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is NT$0.009722 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NT$3,643,699.25. The amount of Sommelier traded has fallen by NT$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, NT$1,783.82 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is NT$0.009722 TWD. In other words, to buy 5 Sommelier, it would cost you NT$0.048609 TWD. Inversely, NT$1.00 TWD would allow you to trade for 102.86 SOMM while NT$50.00 TWD would convert to 5,143.08 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 11.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.46%, and that the highest exchange rate of 1 SOMM to TWD was NT$0.009769 TWD and the lowest 24 hour value was 1 SOMM for NT$0.009557 TWD. Last month, 1 SOMM was worth NT$0.01497 TWD. Today, it's down 36.77%. Looking back a year, Sommelier has changed by NT$0.03396 TWD. That means that in a single year, the value of Sommelier has shrank by 74.18%.

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.

NT$0.009722Price
NT$3.64MMarket cap
NT$1.78KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to TWD values from Today at 1:32 am

0.5 SOMM = NT$0.004861 TWD
1 SOMM = NT$0.009722 TWD
5 SOMM = NT$0.04861 TWD
10 SOMM = NT$0.09722 TWD
50 SOMM = NT$0.4861 TWD
100 SOMM = NT$0.9722 TWD
500 SOMM = NT$4.86 TWD
1,000 SOMM = NT$9.72 TWD

TWD to SOMM values from Today at

NT$0.50 TWD = 51.43 SOMM
NT$1.00 TWD = 102.86 SOMM
NT$5.00 TWD = 514.31 SOMM
NT$10.00 TWD = 1,028.62 SOMM
NT$50.00 TWD = 5,143.08 SOMM
NT$100.00 TWD = 10,286.16 SOMM
NT$500.00 TWD = 51,430.80 SOMM
NT$1,000.00 TWD = 102,861.60 SOMM

SOMM to TWD over time

SOMM
Today
24H
0.67%
1M
-53.94%
1Y
-249.27%
0.5 SOMM
NT$0.004861 TWD
NT$0.004828 TWD
NT$0.007483 TWD
NT$0.01698 TWD
1 SOMM
NT$0.009722 TWD
NT$0.009656 TWD
NT$0.01497 TWD
NT$0.03396 TWD
5 SOMM
NT$0.04861 TWD
NT$0.04828 TWD
NT$0.07483 TWD
NT$0.1698 TWD
10 SOMM
NT$0.09722 TWD
NT$0.09656 TWD
NT$0.1497 TWD
NT$0.3396 TWD
50 SOMM
NT$0.4861 TWD
NT$0.4828 TWD
NT$0.7483 TWD
NT$1.70 TWD
100 SOMM
NT$0.9722 TWD
NT$0.9656 TWD
NT$1.50 TWD
NT$3.40 TWD
500 SOMM
NT$4.86 TWD
NT$4.83 TWD
NT$7.48 TWD
NT$16.98 TWD
1,000 SOMM
NT$9.72 TWD
NT$9.66 TWD
NT$14.97 TWD
NT$33.96 TWD

Frequently asked questions

Right now, 1 Sommelier is worth about NT$0.009722.

Based on the current rate, you could get 102.86 SOMM for 1 TWD.

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 TWD calculator at the top of this page to convert any amount of SOMM to TWD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 TWD is equivalent to 514.31 SOMM. Inversely, 5 SOMM will cost about NT$0.04861

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 Hodl Finance, Sunny Side up, and Envision. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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