Convert Salvadoran Colón SVC to Sommelier SOMM
1 SVC converts to 237.75 SOMM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is SVC 0.004206 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SVC 1,562,961.31. The amount of Sommelier traded has fallen by -SVC 117.40 in the last 24 hours, which is a 42.89% decrease. Additionally, in the last day, SVC 273.73 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is SVC 0.004206 SVC. In other words, to buy 5 Sommelier, it would cost you SVC 0.021031 SVC. Inversely, SVC 1.00 SVC would allow you to trade for 237.75 SOMM while SVC 50.00 SVC would convert to 11,887.35 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.12%. Meanwhile, in the last 24 hours, the rate has changed by 4.37%, and that the highest exchange rate of 1 SOMM to SVC was SVC 0.004498 SVC and the lowest 24 hour value was 1 SOMM for SVC 0.004145 SVC. Last month, 1 SOMM was worth SVC 0.003878 SVC. Today, it's up 8.75%. Looking back a year, Sommelier has changed by SVC 0.0103 SVC. That means that in a single year, the value of Sommelier has shrank by 59.05%.
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.
Conversion tables
SVC to SOMM values from Today at
SVC 0.50 SVC = 118.87 SOMM |
SVC 1.00 SVC = 237.75 SOMM |
SVC 5.00 SVC = 1,188.73 SOMM |
SVC 10.00 SVC = 2,377.47 SOMM |
SVC 50.00 SVC = 11,887.35 SOMM |
SVC 100.00 SVC = 23,774.69 SOMM |
SVC 500.00 SVC = 118,873.46 SOMM |
SVC 1,000.00 SVC = 237,746.92 SOMM |
SOMM to SVC values from Today at 2:36 pm
0.5 SOMM = SVC 0.002103 SVC |
1 SOMM = SVC 0.004206 SVC |
5 SOMM = SVC 0.02103 SVC |
10 SOMM = SVC 0.04206 SVC |
50 SOMM = SVC 0.2103 SVC |
100 SOMM = SVC 0.4206 SVC |
500 SOMM = SVC 2.10 SVC |
1,000 SOMM = SVC 4.21 SVC |
SVC to SOMM over time
SVC | Today | 24H -22,661.01% | 1M -25,787.89% | 1Y -9,713.27% |
|---|---|---|---|---|
0.5 SVC | 118.87 SOMM | 113.31 SOMM | 128.94 SOMM | 48.57 SOMM |
1 SVC | 237.75 SOMM | 226.61 SOMM | 257.88 SOMM | 97.13 SOMM |
5 SVC | 1,188.73 SOMM | 1,133.05 SOMM | 1,289.39 SOMM | 485.66 SOMM |
10 SVC | 2,377.47 SOMM | 2,266.10 SOMM | 2,578.79 SOMM | 971.33 SOMM |
50 SVC | 11,887.35 SOMM | 11,330.51 SOMM | 12,893.94 SOMM | 4,856.64 SOMM |
100 SVC | 23,774.69 SOMM | 22,661.01 SOMM | 25,787.89 SOMM | 9,713.27 SOMM |
500 SVC | 118,873.46 SOMM | 113,305.05 SOMM | 128,939.44 SOMM | 48,566.37 SOMM |
1,000 SVC | 237,746.92 SOMM | 226,610.10 SOMM | 257,878.89 SOMM | 97,132.73 SOMM |
Frequently asked questions
Right now, 1 Sommelier is worth about SVC 0.004206.
Based on the current rate, you could get 237.75 SOMM for 1 SVC.
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 SVC calculator at the top of this page to convert any amount of SOMM to SVC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SVC is equivalent to 1,188.73 SOMM. Inversely, 5 SOMM will cost about SVC 0.02103
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, Web3 Doge, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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