Convert Sommelier SOMM to New Taiwan Dollar TWD

SOMM to TWD: 1 Sommelier converts to NT$0.009788 TWD as of July 25 at 5:43 AM

NT$
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is NT$0.009788 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NT$3,667,493.51. 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$1,783.35 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is NT$0.009788 TWD. In other words, to buy 5 Sommelier, it would cost you NT$0.048939 TWD. Inversely, NT$1.00 TWD would allow you to trade for 102.17 SOMM while NT$50.00 TWD would convert to 5,108.39 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 10.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, 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$0.01723 TWD. Today, it's down 44.7%. 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%.

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$0.009788Price
NT$3.67MMarket cap
NT$1.78KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to TWD values from Today at 5:43 am

0.5 SOMM = NT$0.004894 TWD
1 SOMM = NT$0.009788 TWD
5 SOMM = NT$0.04894 TWD
10 SOMM = NT$0.09788 TWD
50 SOMM = NT$0.4894 TWD
100 SOMM = NT$0.9788 TWD
500 SOMM = NT$4.89 TWD
1,000 SOMM = NT$9.79 TWD

TWD to SOMM values from Today at

NT$0.50 TWD = 51.08 SOMM
NT$1.00 TWD = 102.17 SOMM
NT$5.00 TWD = 510.84 SOMM
NT$10.00 TWD = 1,021.68 SOMM
NT$50.00 TWD = 5,108.39 SOMM
NT$100.00 TWD = 10,216.77 SOMM
NT$500.00 TWD = 51,083.86 SOMM
NT$1,000.00 TWD = 102,167.72 SOMM

SOMM to TWD over time

SOMM
Today
24H
1.23%
1M
-76.02%
1Y
-246.91%
0.5 SOMM
NT$0.004894 TWD
NT$0.004834 TWD
NT$0.008614 TWD
NT$0.01698 TWD
1 SOMM
NT$0.009788 TWD
NT$0.009668 TWD
NT$0.01723 TWD
NT$0.03396 TWD
5 SOMM
NT$0.04894 TWD
NT$0.04834 TWD
NT$0.08614 TWD
NT$0.1698 TWD
10 SOMM
NT$0.09788 TWD
NT$0.09668 TWD
NT$0.1723 TWD
NT$0.3396 TWD
50 SOMM
NT$0.4894 TWD
NT$0.4834 TWD
NT$0.8614 TWD
NT$1.70 TWD
100 SOMM
NT$0.9788 TWD
NT$0.9668 TWD
NT$1.72 TWD
NT$3.40 TWD
500 SOMM
NT$4.89 TWD
NT$4.83 TWD
NT$8.61 TWD
NT$16.98 TWD
1,000 SOMM
NT$9.79 TWD
NT$9.67 TWD
NT$17.23 TWD
NT$33.96 TWD

Frequently asked questions

Right now, 1 Sommelier is worth about NT$0.009788.

Based on the current rate, you could get 102.17 SOMM for 1 TWD.

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 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 510.84 SOMM. Inversely, 5 SOMM will cost about NT$0.04894

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, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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