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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About WET and SOMM
Humidifi is falling, while Sommelier is climbing this week. The current WET to SOMM conversion rate is 166.41. Inversely, this means that if you convert 1 SOMM you will get 0.006009 WET. The conversion rate of WET/SOMM has increased by 0.6% in the last hour (SOMM/WET decreased by 0.6%). In the last 24 hours, WET/SOMM shrunk by 28.11%, while SOMM/WET grew by the same amount.
The exchange rate of Humidifi is decreasing. The current value of 1 WET is 166.41 SOMM. In other words, to buy 5 Humidifi, it would cost you 832.05 SOMM. Inversely, 1 SOMM would allow you to trade for 0.006009 WET while 50 SOMM would convert to 0.3005 WET, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.76%. Meanwhile, in the last 24 hours, the rate has changed by 28.02%, and that the highest exchange rate of 1 WET to SOMM was 216.64 SOMM and the lowest 24 hour value was 1 WET for 161.27 SOMM. Last month, 1 WET was worth 134.76 SOMM. Today, it's up 19.02%. Looking back a year, Humidifi has changed by 0.00 SOMM. That means that in a single year, the value of Humidifi has grown by 100%.
Humidifi Market Stats
HumidiFi operates as a "dark pool DEX" with active liquidity management by professional market makers, offering lower slippage, tighter spreads, and higher capital efficiency than traditional AMMs. WET powers staking for trading rebates, fee reductions, and access to higher rebate tiers.
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
WET to SOMM values from Today at 6:01 am
0.5 WET = 83.21 SOMM |
1 WET = 166.41 SOMM |
5 WET = 832.05 SOMM |
10 WET = 1,664.10 SOMM |
50 WET = 8,320.52 SOMM |
100 WET = 16,641.04 SOMM |
500 WET = 83,205.22 SOMM |
1,000 WET = 166,410.43 SOMM |
SOMM to WET values from Today at 5:59 am
0.5 SOMM = 0.003005 WET |
1 SOMM = 0.006009 WET |
5 SOMM = 0.03005 WET |
10 SOMM = 0.06009 WET |
50 SOMM = 0.3005 WET |
100 SOMM = 0.6009 WET |
500 SOMM = 3.00 WET |
1,000 SOMM = 6.01 WET |
WET to SOMM over time
WET | Today | 24H -28.02% | 1M 19.02% | 1Y 100.00% |
|---|---|---|---|---|
0.5 WET | 83.21 SOMM | 106.52 SOMM | 67.38 SOMM | 0.00 SOMM |
1 WET | 166.41 SOMM | 213.04 SOMM | 134.76 SOMM | 0.00 SOMM |
5 WET | 832.05 SOMM | 1,065.18 SOMM | 673.78 SOMM | 0.00 SOMM |
10 WET | 1,664.10 SOMM | 2,130.35 SOMM | 1,347.56 SOMM | 0.00 SOMM |
50 WET | 8,320.52 SOMM | 10,651.76 SOMM | 6,737.80 SOMM | 0.00 SOMM |
100 WET | 16,641.04 SOMM | 21,303.52 SOMM | 13,475.59 SOMM | 0.00 SOMM |
500 WET | 83,205.22 SOMM | 106,517.62 SOMM | 67,377.96 SOMM | 0.00 SOMM |
1,000 WET | 166,410.43 SOMM | 213,035.23 SOMM | 134,755.92 SOMM | 0.00 SOMM |
Frequently asked questions
Right now, 1 Humidifi is worth about $0.06495.
Based on the current rate, you could get 15.40 WET for 1 USD.
Humidifi price has been declining. Since yesterday, the exchange rate of Humidifi has decreased. Since last month, the exchange rate of Humidifi has increased. Since this time last year, the price of Humidifi has decreased.
You can use our WET to USD calculator at the top of this page to convert any amount of WET to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 76.98 WET. Inversely, 5 WET will cost about $0.3248
Humidifi is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Humidifi.
There are a number of crypto assets that have the a similar or comparable market cap to Humidifi, including Bless, Chintai, and SynFutures. For a more robust list of assets to explore, jump to the asset page dedicated to Humidifi.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.