Convert Sommelier SOMM to Wrapped Fantom WFTM
SOMM to WFTM: 1 Sommelier converts to 0.01899 WFTM
About SOMM and WFTM
Sommelier is falling, while Wrapped Fantom is climbing this week. The current SOMM to WFTM conversion rate is 0.01899. Inversely, this means that if you convert 1 WFTM you will get 52.65 SOMM. The conversion rate of SOMM/WFTM has decreased by 0.24% in the last hour (WFTM/SOMM increased by 0.24%). In the last 24 hours, SOMM/WFTM shrunk by 0.81%, while WFTM/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.01899 WFTM. In other words, to buy 5 Sommelier, it would cost you 0.09497 WFTM. Inversely, 1 WFTM would allow you to trade for 52.65 SOMM while 50 WFTM would convert to 2,632.39 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.9%. Meanwhile, in the last 24 hours, the rate has changed by 1.62%, which means that the highest exchange rate of 1 SOMM to WFTM was 0.01942 WFTM and the lowest 24 hour value was 1 SOMM for 0.01894 WFTM. Last month, 1 SOMM was worth 0.009209 WFTM. Today, it's up 51.52%. Looking back a year, Sommelier has changed by 0.00496 WFTM. That means that in a single year, the value of Sommelier has grown by 73.89%.
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.
Wrapped Fantom Market Stats
Wrapped Fantom (WFTM) is a cryptocurrency and operates on the Fantom platform. Wrapped Fantom has a current supply of 2,182,104,627.75635821. The last known price of Wrapped Fantom is 0.03986957 USD and is down -1.46 over the last 24 hours. It is currently trading on 1731 active market(s) with $0.00 traded over the last 24 hours.
Conversion tables
SOMM to WFTM values from Today at 5:21 pm
0.5 SOMM = 0.009497 WFTM |
1 SOMM = 0.01899 WFTM |
5 SOMM = 0.09497 WFTM |
10 SOMM = 0.1899 WFTM |
50 SOMM = 0.9497 WFTM |
100 SOMM = 1.90 WFTM |
500 SOMM = 9.50 WFTM |
1,000 SOMM = 18.99 WFTM |
WFTM to SOMM values from Today at 5:20 pm
0.5 WFTM = 26.32 SOMM |
1 WFTM = 52.65 SOMM |
5 WFTM = 263.24 SOMM |
10 WFTM = 526.48 SOMM |
50 WFTM = 2,632.39 SOMM |
100 WFTM = 5,264.78 SOMM |
500 WFTM = 26,323.91 SOMM |
1,000 WFTM = 52,647.82 SOMM |
SOMM to WFTM over time
SOMM | Today | 24H -1.62% | 1M 51.52% | 1Y 73.89% |
|---|---|---|---|---|
0.5 SOMM | 0.009497 WFTM | 0.009651 WFTM | 0.004604 WFTM | 0.00248 WFTM |
1 SOMM | 0.01899 WFTM | 0.0193 WFTM | 0.009209 WFTM | 0.00496 WFTM |
5 SOMM | 0.09497 WFTM | 0.09651 WFTM | 0.04604 WFTM | 0.0248 WFTM |
10 SOMM | 0.1899 WFTM | 0.193 WFTM | 0.09209 WFTM | 0.0496 WFTM |
50 SOMM | 0.9497 WFTM | 0.9651 WFTM | 0.4604 WFTM | 0.248 WFTM |
100 SOMM | 1.90 WFTM | 1.93 WFTM | 0.9209 WFTM | 0.496 WFTM |
500 SOMM | 9.50 WFTM | 9.65 WFTM | 4.60 WFTM | 2.48 WFTM |
1,000 SOMM | 18.99 WFTM | 19.30 WFTM | 9.21 WFTM | 4.96 WFTM |
Frequently asked questions
Right now, 1 Sommelier is worth about $0.0005313.
Based on the current rate, you could get 1,882.11 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 increased. 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 9,410.57 SOMM. Inversely, 5 SOMM will cost about $0.002657
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, Web3 Doge, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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