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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 XTZ and SOMM
Tezos is falling, while Sommelier is climbing this week. The current XTZ to SOMM conversion rate is 572.71. Inversely, this means that if you convert 1 SOMM you will get 0.001746 XTZ. The conversion rate of XTZ/SOMM has increased by 1.48% in the last hour (SOMM/XTZ decreased by 1.48%). In the last 24 hours, XTZ/SOMM shrunk by 0.08%, while SOMM/XTZ grew by the same amount.
The exchange rate of Tezos is increasing. The current value of 1 XTZ is 572.71 SOMM. In other words, to buy 5 Tezos, it would cost you 2,863.57 SOMM. Inversely, 1 SOMM would allow you to trade for 0.001746 XTZ while 50 SOMM would convert to 0.0873 XTZ, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.27%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, and that the highest exchange rate of 1 XTZ to SOMM was 575.86 SOMM and the lowest 24 hour value was 1 XTZ for 557.52 SOMM. Last month, 1 XTZ was worth 612.84 SOMM. Today, it's down 7.01%. Looking back a year, Tezos has changed by 450.78 SOMM. That means that in a single year, the value of Tezos has grown by 21.29%.
Tezos Market Stats
Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.
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
XTZ to SOMM values from Today at 8:57 am
0.5 XTZ = 286.36 SOMM |
1 XTZ = 572.71 SOMM |
5 XTZ = 2,863.57 SOMM |
10 XTZ = 5,727.14 SOMM |
50 XTZ = 28,635.72 SOMM |
100 XTZ = 57,271.43 SOMM |
500 XTZ = 286,357.17 SOMM |
1,000 XTZ = 572,714.34 SOMM |
SOMM to XTZ values from Today at 8:54 am
0.5 SOMM = 0.000873 XTZ |
1 SOMM = 0.001746 XTZ |
5 SOMM = 0.00873 XTZ |
10 SOMM = 0.01746 XTZ |
50 SOMM = 0.0873 XTZ |
100 SOMM = 0.1746 XTZ |
500 SOMM = 0.873 XTZ |
1,000 SOMM = 1.75 XTZ |
XTZ to SOMM over time
XTZ | Today | 24H 0.35% | 1M -7.01% | 1Y 21.29% |
|---|---|---|---|---|
0.5 XTZ | 286.36 SOMM | 285.37 SOMM | 306.42 SOMM | 225.39 SOMM |
1 XTZ | 572.71 SOMM | 570.74 SOMM | 612.84 SOMM | 450.78 SOMM |
5 XTZ | 2,863.57 SOMM | 2,853.68 SOMM | 3,064.20 SOMM | 2,253.92 SOMM |
10 XTZ | 5,727.14 SOMM | 5,707.35 SOMM | 6,128.39 SOMM | 4,507.84 SOMM |
50 XTZ | 28,635.72 SOMM | 28,536.76 SOMM | 30,641.97 SOMM | 22,539.21 SOMM |
100 XTZ | 57,271.43 SOMM | 57,073.53 SOMM | 61,283.93 SOMM | 45,078.43 SOMM |
500 XTZ | 286,357.17 SOMM | 285,367.63 SOMM | 306,419.65 SOMM | 225,392.13 SOMM |
1,000 XTZ | 572,714.34 SOMM | 570,735.26 SOMM | 612,839.31 SOMM | 450,784.26 SOMM |
Frequently asked questions
Right now, 1 Tezos is worth about $0.2144.
Based on the current rate, you could get 4.66 XTZ for 1 USD.
Tezos price has been declining. Since yesterday, the exchange rate of Tezos has decreased. Since last month, the exchange rate of Tezos has increased. Since this time last year, the price of Tezos has decreased.
You can use our XTZ to USD calculator at the top of this page to convert any amount of XTZ to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 23.32 XTZ. Inversely, 5 XTZ will cost about $1.07
Tezos is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Tezos.
There are a number of crypto assets that have the a similar or comparable market cap to Tezos, including AINFT, Convex Finance, and Conflux. For a more robust list of assets to explore, jump to the asset page dedicated to Tezos.
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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.