Convert Sommelier SOMM to Albanian Lek ALL
SOMM to ALL: 1 Sommelier converts to ALL 0.03721 ALL as of September 22 at 4:49 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ALL 0.03721 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ALL 13,947,462.65. The amount of Sommelier traded has risen by ALL 42,375 in the last 24 hours, which is a 411.09% increase. Additionally, in the last day, ALL 10,308 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ALL 0.03721 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.18607 ALL. Inversely, ALL 1 ALL would allow you to trade for 26.87 SOMM while ALL 50 ALL would convert to 1,343.60 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 32.44%. Meanwhile, in the last 24 hours, the rate has changed by 26.47%, which means that the highest exchange rate of 1 SOMM to ALL was ALL 0.03768 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.02938 ALL. Last month, 1 SOMM was worth ALL 0.02957 ALL. Today, it's up 24.97%. Looking back a year, Sommelier has changed by ALL 0.2482 ALL. That means that in a single year, the value of Sommelier has shrank by 84.54%.
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
SOMM to ALL values from Today at 4:49 pm
0.5 SOMM = ALL 0.01861 ALL |
1 SOMM = ALL 0.03721 ALL |
5 SOMM = ALL 0.1861 ALL |
10 SOMM = ALL 0.3721 ALL |
50 SOMM = ALL 1.86 ALL |
100 SOMM = ALL 3.72 ALL |
500 SOMM = ALL 18.61 ALL |
1,000 SOMM = ALL 37.21 ALL |
ALL to SOMM values from Today at
ALL 1 ALL = 13.44 SOMM |
ALL 1 ALL = 26.87 SOMM |
ALL 5 ALL = 134.36 SOMM |
ALL 10 ALL = 268.72 SOMM |
ALL 50 ALL = 1,343.60 SOMM |
ALL 100 ALL = 2,687.20 SOMM |
ALL 500 ALL = 13,436.02 SOMM |
ALL 1,000 ALL = 26,872.03 SOMM |
SOMM to ALL over time
SOMM | Today | 24H 20.97% | 1M 20.53% | 1Y -566.90% |
|---|---|---|---|---|
0.5 SOMM | ALL 0.01861 ALL | ALL 0.0147 ALL | ALL 0.01479 ALL | ALL 0.1241 ALL |
1 SOMM | ALL 0.03721 ALL | ALL 0.02941 ALL | ALL 0.02957 ALL | ALL 0.2482 ALL |
5 SOMM | ALL 0.1861 ALL | ALL 0.147 ALL | ALL 0.1479 ALL | ALL 1.24 ALL |
10 SOMM | ALL 0.3721 ALL | ALL 0.2941 ALL | ALL 0.2957 ALL | ALL 2.48 ALL |
50 SOMM | ALL 1.86 ALL | ALL 1.47 ALL | ALL 1.48 ALL | ALL 12.41 ALL |
100 SOMM | ALL 3.72 ALL | ALL 2.94 ALL | ALL 2.96 ALL | ALL 24.82 ALL |
500 SOMM | ALL 18.61 ALL | ALL 14.70 ALL | ALL 14.79 ALL | ALL 124.09 ALL |
1,000 SOMM | ALL 37.21 ALL | ALL 29.41 ALL | ALL 29.57 ALL | ALL 248.18 ALL |
Frequently asked questions
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